By Ginika Okoye Abuja, March 2, 2026 (NAN) The National Insurance Commission (NAICOM) has assured the Bureau of Public Procurement (BPP) that any insurance entity that will give bond or protection to citizens will honour its obligations. The Commissioner for Insurance (CFI), Mr Olusegun Omosehin, gave the assurance during theContinue Reading
By Ginika Okoye The National Insurance Commission (NAICOM) and the Bureau of Public Procurement (BPP) have signed a Memorandum of Understanding (MoU) to standardise requirements for issuance of insurance bonds and public procurement. Bond insurance, or financial guarantee insurance, is a type of coverage purchased by bond issuers (likeContinue Reading
By Martha Agas The Federal Government and Africa Finance Corporation (AFC) have signed an investment partnership to jointly fund three projects, including a 1.3 billion dollar alumina refinery. The Minister of Solid Minerals Development, Dele Alake, described the agreement as a landmark deal to transform mining and boost itsContinue Reading
By Okeoghene Akubuike Abuja, April 1, 2026(NAN) The Heads of the International Energy Agency, International Monetary Fund(IMF) , and the World Bank Group have agreed to form a joint coordination group. The group is aimed at strengthening their response to the energy and economic shocks triggered by the ongoing warContinue Reading
By Constance Athekame The Abuja Electricity Distribution Company(AEDC) says it is collaborating with stakeholders in the power sector to ensure steady electricity in it franchise areas. The Managing Director of AEDC, Mr Chijioke Okwuokenye, said this in Abuja on Thursday while interacting with newsmen. He said, ”We are doing aContinue Reading
By Philomina Attah Abuja, Feb. 26, 2026 (NAN) A Coalition of Civil Society Groups has commended the Independent National Electoral Commission (INEC) and security agencies on the peaceful conduct of Feb.21 FCT elections. The coalition described the exercise, especially in the Abuja Municipal Area Council (AMAC), as peaceful, credible andContinue Reading
By Ginika Okoye The Nigeria Deposit Insurance Corporation (NDIC) says the corporation is managing assets of almost 600 failed banks and working to ensure that depositors are paid their uninsured deposits. Mrs Patricia Okosun, the Director, Asset Management Department of the NDIC, said this at a sensitisation seminar for DebtContinue Reading
By Ginika Okoye Some debt recovery agents of the Nigeria Deposit Insurance Corporation (NDIC) say secrecy and connivance by some defunct banks’ officials are hampering debt recovery processes of failed banks. Some of the agents spoke at the NDIC Sensitisation Seminar for the Corporation’s Debt Recovery Agents in AbujaContinue Reading
By Vivian Emoni Prof. Simon Ortuanya, Vice Chancellor of the University of Nigeria, Nsukka (UNN), says Nigeria targets 2.5 billion dollars in high-integrity carbon credit investments by 2030, with its carbon market now established. Ortuanya disclosed this at the Stakeholders` Validation Workshop on Potential and Challenges of Voluntary Carbon MarketContinue Reading
By Nana Musa The Minister of State for Finance, Dr Doris Uzoka-Anite, has reiterated the Federal Government’s commitment to actualising President Bola Ahmed Tinubu’s one trillion-dollar economy. Uzoka-Anite made this known at the Annual General Meeting (AGM) of the Finance Correspondents Association of Nigeria (FICAN) in Abuja, on Wednesday. TheContinue Reading
