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Nigeria Sets 2026 Deadline for New Insurance Capital

NAICOM has fixed July 2026 for insurers to meet the new capital requirement, setting the stage for industry restructuring and tighter oversight.
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Ashimolowo Backs Training Corps Members for Security Duty

Ashimolowo urges the Federal Government to adopt NYSC security awareness, saying trained corps members can help strengthen grassroots threat detection nationwide.
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High Food Prices Strain Nigerians’ Incomes

High food prices in Nigeria are placing significant strain on household incomes, exacerbating economic challenges across the country.
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Tinubu Dedicates Key Abuja Road to Nobel Laureate Soyinka

President Bola Tinubu honors Nobel Laureate Wole Soyinka by renaming a key road in Abuja, highlighting his contributions and the government’s commitment to cultural recognition.
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Major Shakeup at CBN: Over 90 Senior Staff Dismissed

The Central Bank of Nigeria has dismissed seven directors and over 90 senior management staff as part of a major restructuring to enhance operational efficiency and governance.
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Nigerian Senator Urges Caution in Amending CBN Act

Senator Sani Musa calls for careful consideration in amending the CBN Act, emphasizing the need to preserve the Central Bank's autonomy for economic stability.
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CBN Cuts Duty FX Rate Again as Naira Exceeds N1500/$

CBN cuts import duty exchange rate to N1,446.281/$, marking the eighth adjustment this month amid ongoing naira fluctuations.
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Nigerian Central Bank Hikes Interest Rate to 26.25%

Nigeria’s Central Bank raised its benchmark interest rate to 26.25%, aiming to curb inflation and stabilize the economy despite potential growth impacts.
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CBN Hikes Interest Rate to 26.25%, OPS Protests

The Central Bank of Nigeria raises the MPR to 26.25%, aiming to curb inflation but sparking concerns among businesses about higher borrowing costs.
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Shell Contributed $1.09bn in Taxes in 2023

In 2023, Shell Nigeria paid $1.09 billion in taxes and royalties, underscoring its substantial financial contribution to the Nigerian government and its economic development.
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SDP Candidate Urges Shift from Wage Hikes to Social Investments

SDP's Adebayo champions social investments over wage increases, emphasizing a sustainable approach to supporting all citizens.
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Nigerian Families Grapple with Triple Economic Crisis

In a season of triple shocks, Nigerian families are battling to contain an escalating...
Business

Tinubu’s Missteps: Fuel Import Licenses and Naira Float

Recent proposals by prominent Nigerian politician Bola Tinubu regarding fuel import licenses and floating...
Politics

Obi Criticizes CBN’s Rate Hike, Foresees Economic Woes

Peter Obi slams CBN's decision, predicts job losses and hardship.
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News

Nigeria Sets 2026 Deadline for New Insurance Capital

NAICOM has fixed July 2026 for insurers to meet the new capital requirement, setting the stage for industry restructuring and tighter oversight.
News

Ashimolowo Backs Training Corps Members for Security Duty

Ashimolowo urges the Federal Government to adopt NYSC security awareness, saying trained corps members can help strengthen grassroots threat detection nationwide.
News

RVPL Marks Decade of Trust in Real Estate

RVPL marks ten years of global operations, spotlighting how RVPL trust has driven investor confidence and sustained its zero-compromise real-estate strategy.
News

Anambra Intensifies Crackdown On Environmental Violations

Anambra expands its environmental enforcement campaign, targeting street trading, drainage blockages and illegal wastewater discharge to improve community safety and curb flooding risks

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