By Vivian Emoni The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has reaffirmed its commitment to protecting oil and gas host communities through stronger oversight of operators’ statutory obligations. RMAFC Chairman, Dr Mohammed Shehu, gave the assurance on Thursday during an investigative hearing into Sterling Oil Exploration andContinue Reading
By Adeola Akinbobola Mr Olufemi Omoyele, President and Chairman, Governing Council, Chartered Institute of Human Resources Management of Nigeria (CIHRM) has urged human resources managers to apply technology in the duties with a human face. Omoyele made the call on Thursday in Abuja at the opening of the two-day 2026Continue Reading
By Adenike Ayodele The National Insurance Commission (NAICOM) has revoked the operating licence of Nigeria Reinsurance Corporation for failing to meet the statutory Minimum Capital Requirement (MCR). NAICOM also appointed Dr Muiz Banire (SAN) as receiver and provisional liquidator to wind upContinue Reading
By Muhyideen Jimoh The Presidency says the strong financial performance recorded by many companies listed on the Nigerian Exchange in the first half of 2026 reflects key economic reforms implemented by President Bola Tinubu’s administration. This is contained in a statement by Presidential Spokesperson, Mr Bayo Onanuga, on Wednesday inContinue Reading
By Philip Yatai The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike says the FCT Administration is transforming Abuja into Nigeria’s most investor-friendly business environment. Wike made the remarks in Abuja on Wednesday, at the opening ceremony of the Abuja Business and Investment Expo 3.0, organised by theContinue Reading
By Martha Agas and Mercy Sawok The Comptroller-General (C-G) of the Nigeria Customs Service (NCS), Bashir Adeniyi, has urged the Senate Committee on Customs to strengthen oversight of the service’s reforms. Adeniyi made the call on Wednesday in Abuja while delivering a keynote address at the opening of a two-dayContinue Reading
By Fatima Mohammed-Lawal The Kwara State Public Procurement Agency (KWPPA) has won two prestigious honours at the 8th Africa Supply Chain summit held in Lagos. The News Agency of Nigeria (NAN) reports that KWPPA, an agency in charge of regulating how government buys goods, works, and services in Kwara, hasContinue Reading
By Grace Alegba Mr Daniel Ray, General Manager of TCL West Africa, a consumer electronics company, says the company is considering local assembly in partnership with SIMS Nigeria to create jobs and deepen local participation in its value chain. Ray made the statement in Lagos during the unveiling of theContinue Reading
Ethical Insurance: Crown Takaful shares N100.9m to participants Continue Reading
By Adeola Akinbobola The National Insurance Commission (NAICOM) has presented new licence certificates to insurance companies that successfully met the Commission’s new minimum capital requirements. The Commisoner for Insurance, NAICOM, Mr Olusegun Omosehin, said this in a statement issued on Wednesday in Abuja. Omosehin said the issuance of the newContinue Reading
