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The Business NG - August 08, 2025

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BusinessNG Editorial Focus – August 8, 2025

Nigeria’s investment landscape is undergoing a critical shift, with the latest National Bureau of Statistics data showing Lagos losing its long-held dominance in Foreign Direct Investment to Abuja, which secured $5.6 billion in 2024. This signals a redistribution of investor confidence and raises questions about state-level competitiveness.

In the insurance sector, the new powers granted to NAICOM to combat fraud and enforce compliance are expected to reshape the market, leaving only well-capitalised players standing. Analysts predict that digital transformation will be the next decisive factor for survival, as technology-driven insurers move ahead of the curve.

For policymakers and business leaders, the message is clear: adaptability, transparency, and innovation are no longer optional—they are the benchmarks for winning investor trust and sustaining growth in Nigeria’s evolving economy.

The Business NG Description:

The BusinessNG, a leading business news publication across Nigeria and WestAfrica With a strong team of 30 staff members and a weekly print circulation of over 10,000 copies, we are poised for growth and report all political relating to business news at all level

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