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NAICOM ISSUES ADDITIONAL REGULATORY REQUIREMENTS FOR LIFE INSURANCE COMPANIES.

The National Insurance Commission (NAICOM) has issued additional regulatory requirements for life insurance companies carrying on annuity business in the country. A circular by the...

NAICOM/ NEMSA PARTNERS TO  ENSURE COMPLIANCE WITH ELECTRICAL SAFETY REGULATIONS AND INSURANCE REQUIREMENTS

In a bid to enhance public safety and regulatory enforcement, the National Insurance Commission (NAICOM) and the Nigerian Electricity Management Services Agency (NEMSA) signed ...

NAICOM PARTNERS NCAA TO STRENGTHEN INSURANCE REGULATIONS IN THE SECTOR.

The National Insurance Commission (NAICOM) has partnered with the Nigeria Civil Aviation Authority (NCAA) to tackle aviation-related issues and strengthen insurance regulations in the...

TELECOM TARIFF INCREASE : FCCPC CALLS ON NCC TO TRANSLATE HIGH TARIFF INTO SERVICE IMPROVEMENT.

The Federal Competition and Consumer Protection Commission (FCCPC), has called on Nigerian Communications Commission (NCC), to translate  the recently approved  50% adjustment in telecommunications tariffs...

PTAD INTRODUCES MOBILE ‘I AM ALIVE’ CONFIRMATION SOLUTION .

The Executive Secretary of Pension Transitional Arrangement Directorate (PTAD). Tolulope Odunaiya has announced a policy review of the I Am Alive confirmation solution by...

THIRD-PARTY MOTOR INSURANCE : ENFORCEMENT OF BEGINS FEBRUARY 1- IGP.

The Inspector General of Police,  Kayode Egbetokun, has announced that  February 1, 2025,  third-party motor insurance will be fully enforced across the country. The IGP...

BADAMASI LAWAL EXTENDS CHRISTMAS GREETINGS TO NIGERIANS AND CHRISTIANS.

The National Coordinator and Chief Executive Officer of the National Social Investment Programme Agency (NSIPA), Associate Professor Badamasi Lawal has extended heartfelt Christmas greetings to...

FCCPC CAUTIONS AIR PEACE AGAINST OBSTRUCTING ONGOING INQUIRY ON EXPLOITATIVE TICKET PRICING .

The Federal Competition and Consumer Protection Commission (FCCPC) has warned Air Peace against obstructing the ongoing inquiry into alleged exploitative ticket pricing among other...

CBN CLARIFIES STAFF EARLY EXIT EXERCISE: …SAYS PARTICIPATION IS ENTIRELY VOLUNTARY ABUJA .

 The Central Bank of Nigeria (CBN) has dismissed claims of forced mass retirements, clarifying that its Early Exit Package (EEP) is entirely voluntary and...

HOUSE OF REPRESENTATIVE APPLAUDS PTAD FOR PROMPT PAYMENT OF PENSION.

The House of Representatives has  applauds  Pension Transitional Arrangement Directorate (PTAD) for prompt payment of pensions, gratuity and death benefits to retirees of the...

NAICOM, ICRC PARTNERS TO IMPLEMENT INSURANCE FOR ASSET UNDER PUBLIC-PRIVATE PARTNERSHIP ARRANGEMENTS.

The National Insurance Commission (NAICOM) and the Infrastructure Concession Regulatory Commission (ICRC) have agreed to partner to implement insurance provisions for assets under public-private...

FCCPC ENGAGES GT BANK, MTN AND AIR PEACE OVER POSSIBLE VIOLATIONS. 

 The Federal Competition and Consumer Protection Commission (FCCPC) says it  has launched a major inquiry into widespread consumer complaints against leading players in the...

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INNOSON CHAIRMAN COMMENDS UMAHI ON ROAD PROJECTS, PLANS MAJOR CNG VEHICLE FACTORY EXPANSION

  The Federal Ministry of Works says collaboration between government and local manufacturers is key to Nigeria’s infrastructure and industrial development. This follows a visit by...

IBOM LNG, STATE GOVERNMENT SEAL NDA TO BOOST GAS INVESTMENT PROSPECTS

  The Ibom liquefied natural gas Logistics Base Limited has signed a  Non-Disclosure Agreement with the Akwa ibom state government to boost  energy footprint in...

FG, NIGER STATE STRENGTHEN COLLABORATION ON FEDERAL ROAD PROJECTS

  The Federal Government has reiterated its commitment to fast-tracking the delivery of ongoing federal road and bridge projects in Niger State, following a high-level...

PENCOM APPROVES 1,173% PENSION INCREASE FOR NSITF RETIREES, PAYS ₦8.70BN ARREARS

  The National Pension Commission, PenCom, has approved a historic upward review of pensions for 2,116 retirees under the Nigeria Social Insurance Trust Fund, NSITF,...