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NAICOM URGES FG AND STATES GOVERMENT TO MAKE PROVISION FOR INSURANCE OF PUBLIC BUILDING

National Insurance Commission, NAICOM has enjoined the Federal and State government to begin to make adequate provisions for insurance of public buildings and buildings...

CBN EXTENDS DEADLINE FOR THE OLD DESIGN OF THE NAIRA AD INFINITUM.

Central Bank of Nigeria ( CBN) has affirmed plans to extend deadline of the legal tender status for the old design of two hundred...

BUSINESS: SEC ON ANTI- MONEY LAUNDERING REGULATIONS.

Securities and Exchange Commission (SEC) says it has concluded plans to enhance Capital Market Operators’ understanding of the Anti-Money Laundering and Counter Financing of...

GUARD AGAINST FRAUDSTERS IMPERSONATING NIGERIA CUSTOMS OFFICIALS ON SOCIAL MEDIA

The Nigeria Customs Service (NCS) is issuing a crucial scam alert regarding the escalating activities of fraudulent entities preying on unsuspecting individuals through social...

NAICOM ON N1 trn GROSS PREMIUM INCOME IN 2023, WARNS INSURERS AGAINST UNLICENCED SED BROKERS, AGENTS.

National Insurance Commission (NAICOM) has expressed optimism that the Nigerian insurance industry can reach the one trillion naira Gross Premium Income (GPI) mark by...

NNPC FOUNDATION TRAINS OVER 200000 CORPS MEMBERS ON FINANCIAL LITERACY

In its bid to build the capacity of youth towards making them employers of labour, the NNPC Foundation, in partnership with Kudimata Nigeria Limited,...

OLD BANKNOTES REMAINS LEGAL TENDER, SAYS CBN

Every banknote remains legal tender and should not be rejected by anyone, the Central Bank of Nigeria has disclosed. This is as the apex...

BUSINESS:NDIC PAYS N1.393 billion TO DEPOSITORS OF 110 CLOSED BANKS.

Nigeria Deposit Insurance Corporation (NDIC) on Thursday said it has paid the cumulative insured sum of one point three- nine - three billion naira...

CUSTOMS INAUGURATES COMMITTEE TO EASE PORT CONGESTION IN NIGERIA

  In an endeavor to expedite the decongestion of overcrowded ports burdened with an excess of overtime cargo, the Comptroller-General of Customs, Bashir Adewale Adeniyi...

NNPC/AITEO JOINT VENTURE LAUNCHES NEMBE CRUDE OIL GRADE

The Nigerian National Petroleum Company (NNPC) Ltd has announced the introduction of Nembe Crude Oil Grade, a new crude oil grade into the international...

NIGERIA CUSTOMS RECOMMENDS COLLABORATION WITH MARITIME INDUSTRY TO UNLOCK AFCFTA POTENTIAL

The Nigeria Customs Service has recommended collaboration between the service and the maritime industry to unlock the immense potential of the African Continental Free...

FINANCIAL SYSTEM STABILITY: NDIC LAUDS JUDICIARY ON BETTER UNDERSTANDING OF DEPOSIT INSURANCE PRACTICE

The Nigeria Deposit Insurance Corporation (NDIC) has commended the judiciary on its better understanding of the deposit insurance practice towards promoting stability of 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,...