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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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Pensions
Editor

PTAD PAYS ₦13.87BN PENSION ARREARS TO 18,822 RETIREES

Bamidele Dave, Abuja     The Pension Transitional Arrangement Directorate (PTAD) has disbursed ₦13.87 billion in pension increment arrears to 18,822 retirees under the Defined Benefit Scheme (DBS), covering outstanding payments arising from approved pension increases for former Power Holding

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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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Economy
Editor

DANJUMA TAKES OVER AS FINANCE MINISTRY PERM SEC

Barbara Bako, Abuja.     The Federal Ministry of Finance has appointed Mohammed Sanusi Danjuma, as Acting Permanent Secretary following the retirement of Raymond Omenka Omachi from the Federal Civil Service at the age of 60. Omachi retired on October

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Development
Editor

NESG SURVEY FLAGS INFORMAL LEVIES, WEAK TAX TRUST

Barbara Bako, Abuja.     The Nigerian Economic Summit Group (NESG) has identified informal levies, concerns over tax fairness and poor visibility of tax-funded projects as major challenges undermining public confidence in Nigeria’s tax system. The survey titled “The NESG

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