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.
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.
A detailed review of the Central Bank of Nigeria's pivotal 2025 reforms, from fee waivers and the FX Code to massive licence revocations, that transformed the Bureau de Change landscape for greater stability and transparency.
Access Holdings plans a N40bn private placement in foreign currency to meet CBN's recapitalisation rules and fund expansion. The move comes as the March deadline nears.
The Association of Corporate Communication & Marketing Professionals in Banks dismisses viral claims of 12 banks shutting down. ACAMB assures the public the recapitalisation is proceeding smoothly to strengthen the financial system.
With 100 days left, Nigeria's banking sector races to meet CBN's recapitalisation deadline. ACAMB dismisses closure rumours as 16 banks already meet requirements. Read the latest updates.
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.
An in-depth review of Nigeria's banking recapitalisation exercise. Discover which 16 banks have met the CBN's new capital requirements and the impact on the financial sector. Read the full analysis now.
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.
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.
Corporate Affairs Commission sets new deadline for PoS agents to register businesses or face sanctions. Industry faces fresh tension as compliance remains low. Read the full details.
The Corporate Affairs Commission has set January 1, 2026 as the final deadline for all POS operators to register. Unregistered terminals will be seized, and enabling fintechs reported to CBN. Act now to comply.
The Federal Government has set a December 20 deadline to settle all outstanding payments owed to road contractors, following protests over N4 trillion in delayed project financing. Minister David Umahi announced the presidential directive.
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.
The Central Bank of Nigeria's new draft guidelines mandate a 72-hour window for reporting suspicious transfers to qualify for refunds. Learn what this means for your digital banking security.
The Central Bank of Nigeria issues strict new rules forcing banks to refund fraud victims within 16 days. Learn how this impacts you and the fight against financial crime.
The European Union has agreed to ban all Russian gas imports by 2027, aiming to cut off funds for Moscow's war. Discover the timeline and implications for energy security.
CBN Governor Yemi Cardoso confirms 16 banks have met new capital thresholds. With the March 2026 deadline approaching, the recapitalisation drive aims to strengthen lenders for Nigeria's $1 trillion economy goal.
Osun PDP reveals Governor Ademola Adeleke may withdraw from the 2026 gubernatorial race unless the party's national leadership crisis is resolved before INEC's December 15 deadline. Full details inside.
CBN reveals 16 banks have successfully met recapitalisation requirements as Governor Cardoso updates on monetary policy, forex gains, and economic progress.
Super Eagles coach Eric Chelle has received CAF's deadline to submit Nigeria's final 23-man squad for AFCON 2025 in Morocco. Get all the latest updates on team preparations and player fitness.
NAICOM mandates all insurers to link NIN and CAC details to policies by April 30, 2026. This move aims to boost transparency and curb fraud. Act now to ensure compliance!
PDP BoT member Hon. Tajudeen Yusuf warns the party faces technical collapse if crisis persists beyond December 7, 2025. Read exclusive details on the internal turmoil threatening Nigeria's main opposition party.
Ukraine's Zelenskyy warns of losing US support or national dignity as Trump pressures for a swift peace deal. Read the latest on the critical negotiations.
Nigeria's insurance industry is undergoing a major reset as the NIIRA recapitalisation drive sparks intense investor interest and M&A activity. Discover how this will boost market resilience.
NAICOM and Federal Ministry of Interior strengthen partnership to deepen insurance penetration, enhance data integration and reduce repatriation costs. New travel insurance proposed for short-stay visitors.
Discover Nicolle Wallace's journey from White House to MSNBC, her family life, net worth, and career achievements. Learn about her latest baby news and current role.
Independent Hajj Reporters urge President Tinubu and state governors to provide loans, preventing 66,000 Nigerian pilgrims from missing the 2026 Hajj due to payment deadlines and quota cuts.
Access Bank, Zenith Bank, UBA, and other Nigerian banks mandate customers to link NIN or Tax ID by January 1, 2026, or face account restrictions under new tax laws.
First Bank of Nigeria Holdings Plc announces staggering N450.9 billion profit as it strategically positions itself for Central Bank of Nigeria's banking sector recapitalisation requirements.
Nigeria's pension and insurance regulators join forces in groundbreaking collaboration to ensure strict compliance, protect workers' benefits, and strengthen the financial security landscape.