NAICOM Begins Issuing New Licences to 43 Insurers
By Oluwakemi Kindness The National Insurance Commission, NAICOM, has begun issuing new licence certificates to insurance companies that met its revised minimum capital requirements. The new certificates were presented to compliant insurers at the Commission’s headquarters in Abuja on Tuesday, marking a major milestone in Nigeria’s insurance industry recapitalisation programme. The Commissioner for Insurance, Olusegun Ayo-Omosehin, […]
CBN: Naira-Official FX Rate Gap Falls Below 2%
By Oluwakemi Kindness The Central Bank of Nigeria (CBN) says the gap between the official exchange rate and Bureau de Change rates has narrowed to below two per cent. The apex bank said the development reflects improving stability in the foreign exchange market. The Acting Director of Corporate Communications and Investor Relations Department of the […]
Nigeria’s Reserves Hit 17-Year High at $52.5bn – CBN
By Oluwakemi Kindness Nigeria’s foreign exchange reserves have climbed above $52.5 billion, reaching a 17-year high, the Central Bank of Nigeria (CBN) has said. The apex bank said the reserves, as of July 17, 2026, had also exceeded its annual target. The CBN attributed the increase to sustained foreign exchange inflows and renewed investor confidence […]
PFIPC: Businessman Tells Reps of N400m Contract Payment
By Oluwakemi Kindness A businessman, Gbenga Collins, on Tuesday told the House of Representatives how he allegedly paid N400 million to Adeniyi Adeyemi, who presented himself as the Director-General of the purported Presidential Foreign Investment Promotion Council (PFIPC), for a government contract that never materialised. Collins, Managing Director of Divine Dopacy Nigeria Limited, made the […]
Exclusive: I’ll put education, healthcare first in Delta— Johnson
By Julian Osamoto Labour Party governorship candidate for Delta State, Dr Barry Johnson, says education, healthcare, infrastructure and security would be the immediate priorities of his administration if elected in 2027. In this exclusive interview with Democracy Radio, he outlines his governance agenda and discusses plans for women, young people and persons with disabilities. Q: […]
Women Record Higher Selection Rate in Customs Recruitment
By Oluwakemi Kindness Women recorded a slightly higher selection rate than men in the latest Nigeria Customs Service (NCS) recruitment exercise, despite accounting for a smaller share of total applications. The Comptroller-General of the Nigeria Customs Service, Adewale Adeniyi, disclosed this on Tuesday while announcing the final list of 3,852 successful candidates selected from 573,680 […]
Media Can Drive Disability Inclusion, Advocates Tell Journalists
By Julian Osamoto Disability rights advocates have challenged Nigerian journalists to use the power of the media to break barriers facing persons with disabilities, arguing that accurate reporting can shape public policy, influence political participation and expand equal opportunities. The advocates made the call during a media engagement on disability inclusion and responsible reporting organised […]
2027 Polls: Survey Shifts Focus From Voters to Parties
By Juliet Onwurah As political parties begin positioning for Nigeria’s 2027 general election, a new nationwide survey is urging them to look inward, arguing that the biggest barrier to electing more women, young people and persons with disabilities is not voter bias but the parties’ own candidate selection processes. The findings, released in Abuja by […]
FG Pledges Support for Credible Investors, Says Shettima
By Mardiyyah Abubakar Vice President Kashim Shettima says the Federal Government is ready to support viable and credible investments across Nigeria. Shettima spoke on Monday at the Delta Economic and Investment Summit in Asaba, where government officials, investors and business leaders discussed ways to attract local and foreign investments. He said the growing number of […]
NSITF Urges AI Adoption to Protect Workers
By Chinedu Echianu The Managing Director and Chief Executive Officer of the Nigeria Social Insurance Trust Fund (NSITF), Oluwaseun Faleye, has called for a deliberate integration of digital transformation with social protection as businesses across Africa increasingly adopt Artificial Intelligence (AI) Faleye made the call on Monday at the official launch of the ESBC–InnoPower LLC […]