The National Insurance Commission (NAICOM) has set a July 2026 as the deadline for issuance of licence to insurance and reinsurance companies that comply with the new Minimum Capital Requirement (MCR). Mr Olusegun Omosehin, the Commissioner for Insurance, said this in a notice on Thursday Abuja. Omosehin said the date
Mr Boss Mustapha, the Former Secretary to the Government of the Federation (SGF) has urged the Federal Government to adopt a more diplomatic engagement approach in response to US President Donald Trump’s threats regarding the security situation in Nigeria. Trump had designated Nigeria as a Country of Particular Concern (CPC).
The military in the West African coastal state of Guinea-Bissau on Thursday announced that it had installed a new leader. State broadcaster TGB reported that General Horta Inta-A is to serve as transitional president for a one-year period. Much remains unclear about the balance of power in the country and
Gunmen on Wednesday attacked the convoy of former Governor of Anambra State, Dr. Chris Ngige, along the Nkpor–Nnobi Road in Idemili North Local Government Area, leaving one person dead and several others injured. Sources said the assailants, dressed in police and military uniforms, opened fire on the pilot vehicle, killing
President of the Senate, Godswill Akpabio has assured protesting police officers who have been keeping vigil at the gate of the National Assembly over their inclusion in the Contributory Pension Scheme, that their problem is over. He assured the leadership of the retirees that the issue would be given a
The Edo State Government has intensified its campaign against illicit drugs, and has arrested seven suspects, including a breastfeeding mother, in a coordinated anti-drug operation across Uromi, Ubiaja and Auchi in Edo Central and Edo North Senatorial Districts. The suspects, comprising three males and four females, were paraded in Benin
The Board of Directors of the African Development Bank (AfDB) Group has approved a 500 million dollars loan to Nigeria. The loan is to enable the Federal Government to finance the second phase of its Economic Governance and Energy Transition Support Programme. Abdul Kamara, Director-General, Nigeria Country Department of the
The Heads of the African Union Election Observation Mission, ECOWAS Election Observation Mission, and the West African Elders Forum have expressed concern over the announcement of a coup d’etat by the armed forces of Guinea-Bissau. The heads of the missions and forum made this known in a joint statement on