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Elumelu wants NAICOM to raise capital base for Non-life companies to N30b, N1b to re-capitize insurance brokers
Chairman of Heirs Holding, Tony Elumelu has called on National Insurance Commission (NAICOM) to raise the capital base of Non-life insurance companies to N30billion and N20 billion for life insurance firms. Elumelu who spoke at the National Insurance Conference 2023, with the theme: ‘Redefining Safety: Insurance solutions for public buildings…
Read More »New NCC Boss, Maida Commits to President Tinubu’s Vision on Digital Economy
The new Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has said he would align the Commission’s regulatory focus to achieve the promises of President Bola Ahmed Tinubu’s Renewed Hope agenda to advance the nation’s digital transformation agenda. Maida, who spoke to the Senior Management…
Read More »Osimhen Doubtful For Super Eagles 2026 World Cup Qualifiers
Victor Osimhen is a major doubt for Nigeria’s 2026 FIFA World Cup qualifiers against Lesotho and Zimbabwe due to injury. Osimhen sustained the injury in Nigeria’s friendly against Saudi Arabia last weekend. The striker returned to Italy early for medical examinations. Napoli confirmed on Monday that their talismanic hitman has suffered…
Read More »FG proposes N26.01trn for 2024 fiscal year
The Federal Government has proposed the sum of N26.01 trillion for the 2024 appropriation based on oil price benchmark of $73.96 and 21 per cent interest rate. Minister of Budget and Economic Planning, Atiku Bagudu, disclosed this to State House Correspondents at the end of the Federal Executive Council (FEC)…
Read More »Off-cycle election: Adhere to Electoral Act for peaceful election, INEC tells political parties
Chairman of the Independent National Electoral Commission (INEC), Prof Mahmood Yakubu has urged participating political parties for the off-cycle governorship elections to critically study the provisions of the constitution, electoral Act, for proper and peaceful conduct of the election. Prof Yakubu, who disclosed on monday at a Two days media…
Read More »What you need to know about CBN’s lifting of forex restriction on 43 items
The Central Bank of Nigeria (CBN), on Thursday, October 12, 2023, announced, among other policy issues, the lifting of foreign exchange restrictions hitherto placed on the importation of 43 items. 1. Why was there a restriction? On June 23, 2015, the CBN issued Circular TED/FEM/FPC/GN/01/010, which put 41 product categories…
Read More »INEC Uploads October 14 Mock Accreditation Results to IReV
In preparation for the upcoming off-cycle Governorship elections in Bayelsa, Imo, and Kogi States scheduled for Saturday, November 11, 2023, the Commission today Saturday 14th October 2023 conducted a crucial mock accreditation exercise. The simulation involved the utilization of the Bimodal Voter Accreditation System (BVAS) and the uploading of polling…
Read More »Off Cycle Elections: INEC assures adequate security for Kogi, Bayelsa, Imo
The Chairman of the Independent National Electoral Commission (INEC) Prof. Mahmood Yakubu has assured adequate Security for the off cycle governorship elections in Kogi, Bayelsa and Imo state. Prof Mahmood, disclosed this on Saturday when he visited kogi state to monitor the mock accreditation exercise, said the commission will meet…
Read More »Afreximbank urges prioritization of ETCs to drive SMEs participation in global trade
The African Export-Import Bank (Afreximbank) has called on African countries to prioritise the development of public and private export trading companies (ETCs) in order to position the continent’s small and medium enterprises (SMEs) to participate effectively in global trade. In an address to the Africa International Exhibition, which opened yesterday…
Read More »Late Mohbad’s mother seeks help to apprehend Naira Marley
Mrs Aloba, the mother of the late Nigerian singer, Mohbad, has urged the Federal Government and Nigerians in general to help uncover the truth behind her son’s untimely demise. She made the call when actress Tonto Dikeh paid the family a condolence visit in Lagos on Thursday. Aloba, who spoke…
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