Regulation

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Insurance
Editor

NAICOM WARNS INSURERS AGAINST COMPLACENCY AFTER RECAPITALISATION

Barbara Bako, Abuja.     The National Insurance Commission (NAICOM) has warned insurance companies against complacency following the conclusion of the industry’s recapitalisation exercise, urging boards and management to strengthen corporate governance, risk management and capital deployment to ensure long-term

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Finance
Editor

OAGF TIGHTENS FEDERAL PAYROLL CONTROLS

Bamidele Dave, Abuja     The Office of the Accountant-General of the Federation (OAGF) has introduced stricter validation measures for enrolling newly recruited employees into the Federal Government payroll to strengthen accountability and curb irregularities in personnel records. The new

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Finance
Editor

DATAPRO TAKES NIGERIAN CREDIT RATING EXPERTISE TO GAMBIA

Barbara Bako, Abuja     Nigerian credit rating agency, DataPro Limited, has secured regulatory approval to provide credit rating services in The Gambia, marking an expansion of Nigeria’s financial services expertise into another West African market. The approval by the

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Finance
Editor

TAX OMBUD TARGETS NATIONWIDE REACH

Barbara Bako, Abuja.     The Office of the Tax Ombud is seeking a partnership with the Nigerian Postal Service (NIPOST) to extend its services to all local government areas in Nigeria, as part of efforts to improve access to

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Finance
Editor

TAX OMBUD MOVES AGAINST UNFAIR LEVIES

Barbara Bako, Abuja.   The Office of the Tax Ombud (OTO) has pledged to strengthen mechanisms for resolving taxpayers’ complaints over unfair levies, arbitrary assessments and administrative irregularities, as part of efforts to improve transparency and voluntary compliance in Nigeria’s

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Business
Editor

SHETTIMA UNVEILS N750TN CAPITAL MARKET PLAN

Barbara Bako, Abuja.   Vice President Kashim Shettima on Monday unveiled a 10-year capital market master plan targeting N750 trillion by 2036, as the Federal Government seeks to mobilise domestic savings and attract long-term investment to finance economic growth. The

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Explainer
Editor

IST SET TO ADOPT NEW RULES AND GO DIGITAL

The Investments and Securities Tribunal (IST) has said it is set to adopt its new Rules of Engagement after its next board meeting that will be held in Port Harcourt, the Rivers State capital. This forms part of the plan

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Economy
Editor

NMDPRA MOVES TO CURB ANTI-COMPETITIVENESS PRACTICES

Barbara Bako, Abuja.     The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled draft regulations aimed at preventing anti-competitive practices in the petroleum industry, as part of efforts to promote fair market access, boost investment, and improve

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Regulation
Editor

NCC REPORTS 70% PROGRESS ON NETWORK EXPANSION

Barbara Bako, Abuja.     The Nigerian Communications Commission (NCC) says mobile network operators have completed about 70 per cent of the network coverage and capacity sites they committed to deploy across Nigeria as part of efforts to improve telecom

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Finance
Editor

CBN TIGHTENS TERRORISM FINANCING OVERSIGHT

Barbara Bako, Abuja.   The Central Bank of Nigeria (CBN) has stepped up its supervision of terrorism financing risks across the financial sector as part of measures to strengthen the integrity of the nation’s financial system. The apex bank, in

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