By Taiye Olayemi The National Insurance Commission (NAICOM) has unveiled comprehensive guidelines to regulate Insurtech operations in Nigeria, with effect from Aug. 1. The new guidelines, which followed extensive consultation with industry stakeholders, aim to provide a clear regulatory framework for licensing, operations and supervision ofContinue Reading
By Grace Alegba The Africa Think Tank for Infrastructure Development (ATTID) has called for global partnerships and Nigerian participation at the G20 Summit scheduled for South Africa in November 2025. Prof. Sylvester Akhaine, Director of Strategic Communication, and Dr Alfred Chiakor, Director of Planning and Implementation at ATTID, made thisContinue Reading
By Okeoghene Akubuike The International Monetary Fund (IMF) has projected global growth at 3.0 per cent in 2025 and 3.1 per cent in 2026, as significant policy shifts continue to unfold worldwide. This projection is contained in the IMF’s latest World Economic Outlook (WEO) Update for July 2025, titled “GlobalContinue Reading
By Lucy Ogalue The Corporate Affairs Commission (CAC) has commenced a new phase of striking off companies that have failed to comply with the provisions of the Companies and Allied Matters Act (CAMA), 2020. This was disclosed in a public notice issued by the Commission on Tuesday in Abuja. AccordingContinue Reading
By Grace Alegba The Nigeria Community Action for Resilience and Economic Stimulus (NG-CARES) Programme has impacted 17 million vulnerable Nigerians with results of 2.2. billion dollars achieved in the first four years. Abdulkarim Obaje, National Coordinator, NG-CARES, said this on Tuesday at the ongoing five days stakeholders’ workshop in LagosContinue Reading
By Taiye Olayemi The Nigerian stock market continued its upward trend with a gain of N1.74 trillion on Tuesday. Market capitalisation rose by N1.74 trillion or 2.03 per cent, closing at N87.191 trillion when compared to N85.455 trillion recorded on Monday. Similarly, the All-Share Index (ASI) climbed by 2,746.36 pointsContinue Reading
By Lucy Ogalue The Standards Organisation of Nigeria (SON) is intensifying efforts towards eliminating the circulation of substandard electrical products in the country. The Director- General of SON, Dr Ifeanyi Okeke, said this at a Stakeholders Sensitisation Forum for manufacturers, importers and vendors at the Zuba Electrical and Electronics MarketContinue Reading
By Grace Alegba The National Credit Guarantee Company (NCGC) has called on banks and other financial services stakeholders to forge a robust partnership aimed at creating a more inclusive, resilient, and dynamic credit market in Nigeria. The Managing Director of NCGC, Mr BonaventureContinue Reading
By Taiye Olayemi The stock market began the week on a positive note on Monday, with investors gaining N400 billion as bullish sentiment dominated trading activities. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation climbed by N400 billion, rising to N85.455 trillion from N85.055 trillion on Friday. The All-Share IndexContinue Reading
By Grace Alegba The National Credit Guarantee Company (NCGC) has called on banks and other financial services stakeholders to forge a robust partnership aimed at creating a more inclusive, resilient, and dynamic credit market in Nigeria. The Managing Director of NCGC, Mr Bonaventure Okhaimo, made the call during the inauguralContinue Reading
