NAICOM Releases New Regulation on Annuity Business Underwriting
The National Insurance Commission (NAICOM) has introduced new regulatory requirements for life insurance companies underwriting annuity policies. This move aims…
Day: February 5, 2025
PTAD Pledges Implementation Of N32,000 Pension Increment
The Pension Transitional Arrangement Directorate (PTAD) has reaffirmed its commitment to implementing the N32,000 pension increment for retirees under the…
Nigerian Immigration to launch contactless passport solution in Europe on February 7
The Nigerian Immigration Service (NIS) is set to introduce a contactless passport application solution in Europe, with the United Kingdom…
Nigeria’s Debt Financing Strategy Raises Concerns Over Sustainability and Economic Stability
Nigeria’s growing reliance on asset sales and multilateral loans to finance its public debt is sparking concerns about the sustainability…
Eurocham Nigeria Hosts 2025 Stakeholder Conference, Strengthens EU-Nigeria Economic Ties
Eurocham Nigeria recently hosted its 2025 Annual Stakeholder Conference in Lagos, bringing together European businesses, policymakers, and private-sector leaders to…
Marketing and growth strategies for cross-border payment solutions in 2025
As cross-border payments continue to evolve, businesses are leveraging multiple strategies to scale and expand their operations. A major driver…
Nigerian Banks Earn N2.6 Trillion from Loans as Interest Rates Surge
Amid rising interest rates, five Nigerian banks FBN Holdings, FCMB Group, Wema Bank, Stanbic IBTC Holdings, and Sterling Financial Holdings…
Blockchain will aid market regulation — SEC
The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has emphasized the transformative potential of blockchain…
Stock Market Stays Upbeat, Gains N98bn
The Nigerian stock market maintained its bullish momentum, with overall market capitalization increasing by N98 billion. The All Share Index…
Top-performing Nigerian equity funds in January 2025
The Nigerian stock market started 2025 on a positive trajectory, with the All-Share Index (ASI) gaining 1.53% in January. This…
FG to raise broadband investments by 500% – Minister
The Federal Government of Nigeria is launching a new initiative, the National Broadband Alliance for Nigeria (NBAN), with the aim…
SEC DG Highlights Blockchain’s Role in Enhancing Capital Market Regulation
The Director General of Nigeria’s Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has emphasized the crucial role of blockchain…
Naira sustains gains, appreciates to N1,595/$
The Naira strengthened to N1,595 per dollar in the parallel market yesterday, showing a significant improvement from N1,610 per dollar…
Naira Holds Steady as CBN Extends Dollar Access to Bureau De Change Operators
The naira remained stable across Nigeria’s foreign exchange (FX) markets on Tuesday, as reduced dollar demand and improved liquidity followed…
FG to Issue N758bn Bonds to Clear Pension Debts, Boost Economy
The Federal Government of Nigeria has announced plans to issue bonds worth N758bn to clear outstanding pension debts under the…
Trump Proposes U.S. Takeover of Gaza, Sparking Global Controversy
Former U.S. President Donald Trump has proposed a controversial plan for the Gaza Strip, suggesting that the United States should…