18 Insurers Ready for NAICOM Capital Verification
Only 18 out of over 50 insurers are ready for NAICOM's capital verification ahead of the July 30 deadline. The exercise aims to strengthen the sector and boost claims payment. Read more.
Category : Search result: NAICOM capital verification
Insurers Oppose Tax Exemptions for Foreign Companies
Nigerian insurance operators warn that a proposal to grant foreign insurers tax exemptions on local premiums could cripple domestic firms and undermine industry reforms. Read the full analysis.
22 Banks Secure as 2026 Recapitalization Deadline Nears
As the March 31, 2026 deadline looms, 22 of 34 Nigerian banks have secured their licenses under new CBN capital rules. Find out which banks are safe and what mergers are reshaping the sector.
BVN Hits 67.8m, Bank Accounts 325.6m in Nigeria
Nigeria's BVN database grows to 67.8 million, a 6.8% yearly increase. Active bank accounts now stand at 325.6 million, showcasing financial inclusion progress. Read the full analysis.
Youth Group Exposes 6,528 Ghost Workers in Taraba
A Taraba youth coalition has exposed a massive ghost worker scandal involving 6,528 names, backing Governor Agbu Kefas's civil service reforms. They warn against sponsored protests.
Leadway Verifies African Alliance Annuitants Post-Portfolio Transfer
Leadway Assurance begins validating thousands of African Alliance retirees to ensure seamless annuity payments. This NAICOM-backed move aims to protect retirees' financial security amidst rising living costs. #Insurance #Nigeria
Nigeria's NINAuth: Digital Identity for 126.7M Nigerians
Nigeria's NINAuth platform processes 1.3 million daily verifications, putting citizens in control of their data. Discover how this tech is boosting financial inclusion and security.
RMB Nigeria Meets CBN Capital Requirement Ahead of Deadline
Rand Merchant Bank Nigeria has successfully met the CBN's new N50 billion minimum capital requirement for merchant banks, achieving the milestone in December 2025. This move strengthens regulatory compliance and market confidence.
Investors Flock to Insurance as Recapitalisation Deadline Nears
Nigeria's insurance sector sees a surge in investor interest driven by NAICOM's reforms and the 2026 recapitalisation deadline. Commissioner Segun Omosehin outlines the push for stronger, credible insurers. Read the full analysis.
NAICOM: No Extension for Insurance Recapitalisation
NAICOM insists the July 30, 2026, recapitalisation deadline is fixed by law. NDIC says remitting 50% of earnings to govt hampers its Deposit Insurance Fund growth. Read the full details.
Opay Debunks N5,000 Christmas Giveaway Claim
Opay has officially denied a viral social media claim about a N5,000 Christmas giveaway. The fintech warns users against scams and shares vital security tips. Read more to stay safe.
CITN Calls for Verification of Contested Tax Laws
The Chartered Institute of Taxation of Nigeria demands immediate verification of contested tax Acts to ensure legislative integrity and transparency. Read the full story.
NAICOM Expands Takaful Insurance for Market Inclusion
NAICOM pushes for Takaful insurance growth to include underserved Nigerians. New 2025 law provides legal backing. Read how this ethical model will reshape the industry.
Veriphye Platform Tackles Phone Theft and Cyber Insecurity
Hexaguard Limited launches Veriphye, a digital platform to combat phone theft and device fraud in Nigeria. It uses IMEI verification to secure the mobile ecosystem and boost consumer confidence.
Nigeria Re-elected to ICAO PKD Board for Sixth Term
Nigeria has been re-elected to the ICAO Public Key Directory Board for a sixth consecutive term, a testament to its technical expertise and commitment to global aviation security standards. Read more about this diplomatic achievement.
IRON Capital's Rise as Africa's Premier Financial Advisor
Discover how IRON Capital, under Jubril Enakele, became a leading African investment firm, advising Nigeria's $917m US Dollar Bond and major corporations. Explore their journey of trust and innovation.
Banks Rush to Raise N4.14trn for CBN Recapitalisation
Nigerian banks are in a race against time to raise N4.14 trillion before the CBN's March 2026 recapitalisation deadline. Discover how this move aims to build a $1 trillion economy.
The Weeknd's $1B Music Deal Explained
The Weeknd's $1 billion catalogue deal with Lyric Capital is a strategic partnership, not a sale. He retains creative control and ownership, setting a new standard for artist equity in the music industry.
Oborevwori Signs Delta's N1.729tr 2026 Budget
Delta State Governor Sheriff Oborevwori has signed the N1.729 trillion 2026 budget into law, a 70% increase from 2025. The budget focuses on capital projects and is tagged 'Budget of Accelerating the MORE Agenda'. Read more.
Oborevwori Signs N1.729 Trillion 2026 Budget Into Law
Delta State Governor Sheriff Oborevwori has signed the N1.729 trillion 2026 budget, a 70% increase focused on capital projects. He also enacted laws on social investment, education, and security.
Okpebholo presents ₦939.85bn 2026 budget to Edo Assembly
Governor Monday Okpebholo presents a ₦939.85 billion 2026 Appropriation Bill focused on security, infrastructure, and job creation. See the full breakdown of Edo State's 'Budget of Hope and Growth'.
OHMS Capital Pioneers Financial Innovation in Nigeria
Discover how OHMS Capital is transforming Nigeria's investment landscape with data-driven fintech, blockchain ventures like WePairYou, and major agribusiness focus. Learn their growth strategy and vision for Africa.
SUNU Assurance Secures N9bn Capital Raise Approval
SUNU Assurance shareholders approve N9 billion capital raising to meet new NIIRA 2025 requirements. The move aims to strengthen the firm's financial capacity before the July 2026 deadline.
NIS Boss Nandap: 'Corruption Has No Place in Immigration'
CG Kemi Nandap reaffirms NIS's zero-tolerance stance on corruption & extortion, highlighting digital reforms for transparency. The service honours officers killed by insurgents.
NAICOM: Recapitalisation Vital for AfCFTA Readiness
NAICOM states Nigeria's insurance recapitalisation is crucial for local firms to compete under AfCFTA. Only well-capitalised firms can handle cross-border risks. Read more.
Leaders Call for Transparent, Efficient Capital Market in Nigeria
At the PEARL Awards 30th anniversary, leaders like Udoma Udo Udoma and Governor Peter Mbah emphasized transparency and innovation in Nigeria's capital market as key to sustainable growth and infrastructure development. Discover the insights.
Zamfara's N861bn 2026 Budget Targets Growth
Governor Dauda Lawal presents a N861 billion budget for Zamfara's 2026 fiscal year, with 83% allocated to capital expenditure for transformation. Read the full breakdown.
Zamfara's N861.3bn 2026 budget presented to Assembly
Governor Dauda Lawal presents a N861.3 billion budget for 2026 to the Zamfara State House of Assembly, with 83% allocated to capital projects in security, agriculture, and infrastructure. Read the full breakdown.
Eterna Plc Launches N21.52 Billion Rights Issue
Eterna Plc plans to raise N21.52 billion through a rights issue to fund expansion in retail, LPG, and aviation. Shareholders can buy 3 new shares for every 4 held. Read details.
82 Nigerian Women on Death Row, Group Seeks Halt
ASF France reveals 82 Nigerian women face execution, highlighting gender bias and poverty in the justice system. Advocates demand a moratorium and recognition of domestic violence as a mitigating factor.
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