NAICOM, FRSC Launch Joint Committee to Enforce Compulsory Motor Insurance
By Oluwakemi Kindness The National Insurance Commission (NAICOM) and the Federal Road Safety Corps (FRSC) have inaugurated a Joint Committee on the Enforcement of Compulsory Third-Party Motor Insurance, a key step toward implementing the Nigerian Insurance Industry Reform Act (NIIRA) 2025. The inauguration, held at NAICOM Headquarters in Abuja on Wednesday, underscores both agencies’ commitment […]
FCCPC Applauds Court Rulings Protecting Consumer Rights
By Oluwakemi Kindness The Federal Competition and Consumer Protection Commission (FCCPC) has praised two recent court judgments that boost consumer confidence and strengthen accountability in Nigeria’s marketplace. The rulings include a ₦5 million compensation order against Multichoice Nigeria Limited and a decision declaring Peace Mass Transit’s “no refund after paayment” policy unlawful. In a statement […]
Private Sector Warns Senate Against Politicising NSITF, Rejects Proposed Amendment
By Chinedu Echianu The Organised Private Sector of Nigeria (OPSN) has strongly opposed the Senate’s proposed amendment to the Nigeria Social Insurance Trust Fund (NSITF) Act, warning that the move could erode transparency, weaken governance, and expose the Fund to political control. In a letter to Senate President Godswill Akpabio, the OPSN — a […]
NSITF Inaugurates Strategic Inter-Agency Coordination Committee to Deepen Stakeholder Collaboration
By Chinedu Echianu The Nigeria Social Insurance Trust Fund (NSITF) has inaugurated a Strategic Inter-Agency Coordination Committee aimed at consolidating the gains of its ongoing stakeholder consultations and engagements, as part of efforts to reposition the Fund for greater efficiency and impact. Speaking on behalf of the Managing Director and Chief Executive, Oluwaseun Faleye, the […]
Immigration Board Sacks, Demotes Officers Over Misconduct, Criminal Offences
By: Aremu Toyeebaht The Civil Defence, Correctional, Fire and Immigration Services Board (CDCFIB) has approved sweeping disciplinary actions against 31 officers of the Nigeria Immigration Service (NIS) for offences ranging from gross misconduct to criminal conspiracy. The decision followed a review of recommendations by the Board’s Disciplinary and General Purpose Committee (BDGPC), which convened on […]
SEC Urges Stockbrokers to Uphold Ethics, Professionalism in Digital Era
By Oluwakemi Kindness The Securities and Exchange Commission (SEC) has urged stockbrokers across Nigeria to maintain the highest standards of ethics, professionalism, and transparency as the capital market evolves in the digital age. Speaking at the 29th Annual Conference of the Chartered Institute of Stockbrokers (CIS) held in Abuja, Director-General of SEC, Emomotimi Agama, said […]
Prioritise People’s Welfare, EnsureTransparency, Speaker Abbas Charges SSDC
By Oluwakemi Kindness The Speaker of the House of Representatives Rt. Hon. Abbas Tajudeen, has urged the South South Development Commission (SSDC) to live up to its mandate by bringing development to the people especially at the grassroots. Speaker Abbas particularly urged the SSDC to address the socio-economic challenges for which the Commission was created. […]
CBN, Bank of Angola Sign MoU on Technical Cooperation
By Oluwakemi Kindness The Central Bank of Nigeria (CBN) and the Bank of Angola, have signed a Memorandum of Understanding (MOU) for bilateral technical cooperation. The agreement signed on Thursday, on the sidelines of the ongoing Annual meetings of the IMF and World Bank in Washington DC is In an effort to enhance bilateral cooperation […]
SEC, SMEDAN Partner to Boost SME Access to Long-Term Capital
By Oluwakemi Kindness The Securities and Exchange Commission (SEC) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) have entered into a strategic partnership to enhance access to long-term financing for small and medium enterprises (SMEs) through the Nigerian capital market. The Memorandum of Understanding (MoU), signed in Abuja, seeks to create alternative […]
SEC, SMEDAN Partner to Boost SME Access to Long-Term Capital
By Oluwakemi Kindness The Securities and Exchange Commission (SEC) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) have entered into a strategic partnership to enhance access to long-term financing for small and medium enterprises (SMEs) through the Nigerian capital market. The Memorandum of Understanding (MoU), signed in Abuja, seeks to create alternative […]