NDIC Pays Aso Savings, Union Homes Depositors After CBN Revocation
The NDIC has started reimbursing depositors of Aso Savings and Union Homes after the CBN revoked their licenses. Learn how to claim your insured funds up to ₦2m before the deadline.
Category : Search result: NDIC Deposit Insurance Fund
NCoS, NHIA to Integrate Inmates into Health Insurance
Nigerian Correctional Service and NHIA collaborate to provide health insurance coverage for inmates, aiming to improve rehabilitation and reduce recidivism. Learn more about this landmark initiative.
SUNU Assurance Secures N9bn Capital Raise Approval
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.
NAICOM: Recapitalisation Vital for AfCFTA Readiness
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.
NDIC Reiterates N5m Deposit Insurance Cover
NDIC MD reassures depositors of N5m insurance cover, details collaboration with CBN for supervision, and warns against Ponzi schemes. Read key insights from Kano Trade Fair.
Eko DisCo: Free Meters Only Through Official Portal
Eko DisCo urges customers to apply for free prepaid meters only via its official portal, warning against third-party scams. Learn about the MAF Tranche B scheme and community engagement in Apapa.
Nigeria Gets $100m AfDB Loan for Youth Fund
Nigeria's FEC has approved a $100 million AfDB loan for the Youth Investment Fund and a $50m Islamic Bank loan for Yobe agriculture. President Tinubu pushes for 7% growth.
NDIC Assures Deposit Safety, Warns Against Fraudsters
NDIC MD reassures Nigerians of deposit safety with up to ₦5m insurance. He warns against Ponzi schemes and details collaboration with CBN for banking stability. Visit their Trade Fair pavilion for more.
Kaduna fast-tracks $62.8m Kuwait Fund for development
Governor Uba Sani accelerates Kuwait's $62.8m support for Kaduna's education, healthcare, and agriculture. Over 100,000 out-of-school children targeted. Read more.
NHIA, HFN Set 2026 Target for Health Insurance Scale-Up
Nigeria's NHIA and private sector leaders target 2026 to enroll millions from the informal sector into health insurance. Success hinges on digital tools, enforcement, and rebuilding public trust. #HealthInsurance #UHC
Edo Seeks ₦160bn to Tackle Ecological Challenges
Edo State unveils a ₦160 billion plan to remediate over 60 gully erosion sites and combat illegal sand mining. The initiative includes a massive tree-planting campaign.
CBN Removes Cash Deposit Limits, Raises Withdrawal Cap
Nigeria's Central Bank has abolished cash deposit limits and raised weekly withdrawal thresholds to N500k for individuals. New policy takes effect January 2026.
Europe's Best Health Insurance Plans for Families
Protect your family's future with the right health insurance. Our guide covers key features, plan types, and how to choose comprehensive coverage to avoid financial strain from medical costs.
House Probes Missing N30bn NSIPA Fund, Demands Action
The House of Representatives investigates over N30bn recovered from NSIPA, demanding its release to restart vital poverty-alleviation schemes. Lawmakers warn delayed funds worsen hardship. Read more.
NCDMB, BOI Unveil $100m Fund for Oil & Gas Firms
NCDMB and Bank of Industry launch a $100m equity fund to boost local oil & gas firms. Nigerian content performance rises to 61%. New rules make certificates non-transferable from 2026.
IYC Accuses Edo Govt of Marginalising Ijaw People
Ijaw Youth Council laments neglect by Governor Okpebholo despite electoral support. No appointments, infrastructure deficit in oil-rich communities. Read their demands for equity.
BoI disburses ₦1.27tr to enterprises, supports 900,000 jobs
The Bank of Industry disbursed over ₦1.27 trillion across 14 sectors in 2024, supporting 900,000 jobs. The bank is expanding green finance and renewable energy investments to drive Nigeria's industrial transformation.
Nigerian Banks Hit N33.24 Trillion in Customer Deposits
Ten Nigerian banks recorded over N33.24 trillion in savings deposits by September 2025, a 6.8% annual increase. See which Tier-2 banks led the growth and the latest CBN savings rates.
Northern Governors Launch N16bn Monthly Security Fund
Northern governors and traditional rulers have approved a N16bn monthly security trust fund to combat banditry and terrorism. They also urged President Tinubu to suspend mining activities for six months.
Enugu Boosts Security with Drones, Patrol Vans
Governor Peter Mbah launches hi-tech drones, bulletproof gear, and patrol vehicles to make Enugu the safest state in Nigeria. See the full security upgrade details.
Northern Leaders Suspend Mining, Back State Police
Northern governors and traditional rulers have imposed a six-month mining suspension and approved a N1bn monthly security fund to tackle banditry and insecurity. Read the full communiqué.
NDIC Seeks NIESV Collaboration on Bank Depositor Safety
NDIC MD Thompson Sunday urges NIESV to deepen collaboration for accurate asset valuation in bank liquidation, crucial for protecting depositors' funds. Read more.
Homeless Man Gets N2M+ from Tony Elumelu After Performance
A young homeless man's life changed forever after a spontaneous performance at a Lagos event. Tony Elumelu and other guests gifted him over N2 million and job offers. Read his incredible story.
Nigeria Airlines Address A320 Recall, FG Demands Transparency
Aviation Minister Festus Keyamo directs Nigerian airlines to ensure full insurance compliance as operators allay fears over Airbus A320 software recall. Get the latest updates.
NADF Infuses Insurance into Agricultural Loans
NADF signs MoU with Leadway Assurance and Verdure Climate to provide insurance packages for agricultural loans, enhancing climate resilience for smallholder farmers across Nigeria.
Nigeria Launches Emergency GBV Response Fund
Federal Government announces emergency fund to combat gender-based violence and support survivors. New initiative launched during 16 Days of Activism against GBV.
Bunza Sues NDIC Over N4.78bn Banana Island Property
Ex-Senator Farouk Bunza accuses NDIC of intimidation after paying N4.76bn for a Banana Island property. He vows legal redress to reclaim his land title documents. Full story inside.
NCS Imposes Strict Penalties for Age Cheating
National Council on Sports approves sweeping reforms including heavy fines, suspensions for age cheating, new National Intermediate Games, and compulsory insurance for athletes.
Southern Governors Establish Zonal Security Fund
Southern Nigerian governors have agreed to create a regional security fund and enhance intelligence sharing to combat rising insecurity. The move aims to strengthen coordinated responses across state lines.
IEI Appoints Dr Joyce Odiachi as Acting MD
International Energy Insurance Plc announces a major leadership transition. Dr Joyce Odiachi steps in as Acting MD following Olasupo Sogelola's resignation. Discover the company's next growth phase.
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