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NDIC INCREASES MAXIMUM INSURANCE COVERAGE FOR DMBs

 The Nigerian Deposit Insurance Corporation NDIC has increased the maximum coverage of all deposit-taking financial institutions across all levels. Managing director of the NDIC, Hassan...

NIGERIA CUSTOMS SERVICE CONDEMNS BRUTAL ATTACK IN KATSINA, VOWS JUSTICE FOR FALLEN OFFICER, STRENGTHENS COLLABORATIVE EFFORTS AGAINST SMUGGLING.

NIGERIA CUSTOMS SERVICE CONDEMNS Following the brutal attack that claimed the life of Customs Assistant II Auwal Haruna at the Gamji Makaho checkpoint in the...

NDIC SUSTAINS FIGHT AGAINST CORRUPTION WITH INAUGURATION OF ANTI-CORRUPTION & TRANSPARENCY UNIT (ACTU)

The Managing Director and Chief Executive officer  Nigeria Deposit Insurance Corporation (NDIC)  Bello Hassan says the corporation has a culture of zero tolerance for...

NCS PARTNERS  NFIU TO ENHANCE BORDER SECURITY.

The Nigeria Customs service says it will collaborate with Nigerian Financial Intelligence Unit  to enhance border security through intensifying onslaught against smugglers and money...

NAICOM PARTNERS DRTS TO ADDRESS THIRD PARTY VEHICLE INSURANCE.

National Insurance Commission (NAICOM) is set partner with the FCTA Directorate of Road Transport Service so as to address the issue of FAKE” Third (3rd)...

NIGERIAN ECONOMY RECORDS OVER $1.5 BILLION INFLOW POST-CBN MPC AS NAIRA TRADES N1,309/$1 AT NAFEM.

 The Central Bank of Nigeria (CBN) says the inflow of over $1.5 billion into the economy over the past few days indicates that its...

BANK RECAPITALISATION: CBN UNVEILS NEW MINIMUM CAPITAL REQUIREMENTS FOR BANKS.

 In order to strengthen the financial system in Nigeria, the Central Bank of Nigeria (CBN) has unveiled new minimum capital requirements for banks, pegging...

TREASURY BILL;  CBN SELLS N1.64 TRILLION.

The Central Bank of Nigeria (CBN) has conducted an auction of Nigerian Treasury Bills (NTBs) which saw a substantial amount of N1.64 trillion being...

FESTIVE SEASON: FCCPC BUSTS DECEPTIVE RICE WEIGHT CLAIMS IN GARKI MODERN MARKET ABUJA.

In an efforts to protect consumer rights and interests, as mandated by the Federal Competition and Consumer Protection Act (FCCPA) 2018, particularly under Sections...

CBN RAISES BENCHMARK MPR BY 200 BASIS POINTS TO 24.75%.

 The CBN’s Monetary Policy Committee (MPC) has increased the benchmark interest rate by 200 basis points from 22.75% to 24.75%. This was disclosed by the...

INSURANCE INDUSTRY RECORDED N1.003TRILLION AT CLOSE OF 2023.

The Insurance industry of Nigeria has sustained its progressive trend of positive market performance at the close of 2023 fourth quarter, recording a milestone...

NDIC AND EFCC STRENGTHEN PARTNERSHIP TO CURB FINANCIAL CRIMES IN THE BANKING SECTOR The Nigeria Deposit Insurance Corporation (NDIC)  says it's remains committed to ensuring...

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MINISTER OF PETROLEUM RESOURCES  COMMISERATES WITH NIGER STATE OVER TANKER EXPLOSION TRAGEDY

The Honourable Minister of Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has expressed profound sympathy with the Government and people of Niger State following the...

NPF WRITES AMNESTY INTERNATIONAL, DEMANDS APOLOGY, RETRACTION OF FALSE PUBLICATION ON END BAD GOVERNANCE PROTEST.

NPF WRITES AMNESTY INTERNATIONAL, DEMANDS APOLOGY, RETRACTION OF FALSE PUBLICATION ON END BAD GOVERNANCE PROTEST. The Nigeria Police Force has demanded an immediate retraction and...

ZAMFARA AIRSTRIKE: NAF BEGINS INVESTIGATIONS.

ZAMFARA AIRSTRIKE: NAF BEGINS INVESTIGATIONS. Following the  incidence of civilian casualties in the recent Nigerian Air Force airstrikes in Zamfara State, the Chief of the Air...

CRIME PREVENTION: IGP ORDERS COMMANDS, FORMATIONS FOR NEW YEAR STRATEGIC ACTION PLAN TOWARDS EFFICIENCY, CRIME REDUCTION.

In a proactive move to bolster public safety and enhance operational efficiency, the Inspector-General of Police, Kayode Adeolu Egbetokun, has issued a comprehensive directive...