Barbara Bako, Abuja.     The Federal Government has commenced payment of additional exit benefits to retiring civil servants, with about N1.1 billion already paid to 175 retirees who exited the Federal Public Service between January and August 2026. The

Barbara Bako, Abuja.     The National Insurance Commission (NAICOM) has urged insurance companies to move beyond traditional risk assessment models as climate change, cyber threats, economic volatility and other emerging risks increasingly reshape the industry. The Commissioner for Insurance

Barbara Bako, Abuja.   The National Insurance Commission (NAICOM) has denied reports alleging that its Commissioner for Insurance and one of its Directors were detained by the Economic and Financial Crimes Commission (EFCC) over the recently concluded insurance recapitalisation exercise.

Barbara Bako, Abuja.     The National Insurance Commission (NAICOM) and the Nigeria Civil Aviation Authority (NCAA) have moved to strengthen aviation insurance oversight in Nigeria with the establishment of a Joint Technical Committee on Aviation Insurance. The initiative is

Barbara Bako, Abuja.     President Bola Tinubu has called on Nigerian banks to use the stronger capital base created by the recent recapitalisation to expand lending to businesses and other sectors capable of driving economic growth. Speaking at the

Barbara Bako, Abuja.     Financial technology company Open Space has launched an Ethical Finance platform as part of efforts to widen access to transparent, asset-backed and Shariah-compliant financial services in Nigeria. Speaking at the launch in Abuja on Tuesday,