The Pension Transitional Arrangement Directorate (PTAD) has directed unverified Diaspora pensioners under the Defined Benefit Scheme (DBS) to renew their “Aliveness Certificate” from the Nigerian High Commission where they reside. These pensioners were suspended from the pension payroll as a
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has launched the National Single Window (NSW) Project Kickoff Workshop in Abuja that aims to streamline trade processes, reduce bottlenecks, and increase transparency, positioning Nigeria for unprecedented economic
The Implementation Committee on Crude Oil Sales in Naira says the commencement of Naira payments for crude oil sales to the Dangote Refinery is October 1, 2024, marking a significant milestone in Nigeria’s economic transformation. This information is contained in
The Central Bank of Nigeria (CBN) has sold $876.26 million to 26 qualified commercial banks at N1,495/$1 as the Retail Dutch Auction system returns. The apex regulator in a statement signed by Dr Omolara Omotunde Duke, Director, Financial Markets Department
The Commissioner for Insurance National Insurance Commission (NAICOM) Mr. Olusegun Ayo Omosehin has assured the Chief Executive Officer of the National Data Protection Commission (NDPC) Mr. Vincent O. Olatunji of the commission’s readiness to for a collaboration that will ultimately
The Central Bank of Nigeria (CBN) has granted approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and Providus Bank Limited. The bank said the strategic move is designed to bolster the stability of
National Insurance Commission says all registered Agents and Insurance Companies would now have to go through a new licensing Portal for registration and renewal of the licences. Disclosing this development in a statement, NAICOM said the new Portal will ease,
Omolola Oloworaran, has assumed duties as Director-General at The National Pension Commission (PenCom) in acting capacity pending her confirmation by the Senate, in line with the provisions of Section 26 (1) of the Pension Reform Act 2014. A statement by
The National Insurance Commission has launched the NAICOM Complaint Management Portal. NAICOM in a statement said the move is part of its ongoing efforts to effectively address complaints and ensure swift resolution to all Insurance related issues. The portal- complaints.naicom.gov.ng
President Bola Tinubu has approved the appointment of Mr. Olatunji Bello as the new Chief Executive Officer/Executive Vice-Chairman of the Federal Competition and Consumer Protection Commission (FCCPC), pending confirmation by the Senate. The approval is contained in a statement by
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