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Insurance Nigeria: Securing the Nation’s Future

01.07.2025
The National Insurance Commission has said that Nigeria’s future depends on its ability to manage uncertainties effectively. This was stated on Monday by the Commissioner for Insurance and Chief Executive Officer of NAICOM, Mr. Olusegun Omosehin, at the opening ceremony of the inaugural Insurance Week held in Lagos. The Insurance Week, organised by the Chartered...
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N96bn Injection Fails, Now Non-Performing

01.07.2025
A former Executive Director, Credits, at the Asset Management Corporation of Nigeria, Mr. Muhammed Abbas Jega, on Monday told an Ikeja Special Offences Court that the debt owed by Arik Air to AMCON eventually became a non-performing loan. Jega disclosed this while testifying at the resumed trial of the former AMCON Managing Director, Ahmed Kuru,...
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Is it Ruining Your Finances?

01.07.2025
In today’s social media age, many young Nigerians are chasing the soft life, a lifestyle that promotes ease, luxury, and enjoyment with little tolerance for stress or struggle. From brunches at upscale restaurants to designer fashion, the pressure to look like you’re living well is turning into a costly habit, JOSEPHINE OGUNDEJI writes In a...
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Banks Donate N500m, Relief Items

01.07.2025
The banks in Nigeria have donated over N500m in cash and relief materials to victims of recent floods in Mokwa Local Government Area of Niger State, in a move aimed at cushioning the humanitarian impact of one of the worst flood disasters in the region in recent years. The donation was disclosed on Saturday at...
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Faster Payouts in Nigeria (60 characters)

01.07.2025
When tragedy strikes, insurance is supposed to offer relief, not additional pain, yet some Nigerian policyholders still struggle to receive timely payouts when they file claims. In this piece, OLUWAKEMI ABIMBOLA explains how to ensure your claims are paid faster, especially within the current regulatory space that seeks to rebuild trust in the insurance industry...
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N1tn Fuel Logistics Cost, Nationwide Distr

01.07.2025
The Dangote Petroleum Refinery says it will absorb over N1.07tn annually in its plan to distribute fuel directly to marketers nationwide. The refinery said it invested over N720bn to implement the initiative of deploying 4,000 Compressed Natural Gas-powered trucks for the nationwide distribution of petroleum products, saying this was expected to save Nigerians over N1.7tn...
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N1.6tn Infrastructure Funding: States Receive FG Support

01.07.2025
State governments and the Federal Capital Territory received a total sum of N1.6tn from the Federal Government between March 2024 and May 2025 as financial support for infrastructure and security projects, official records from the Office of the Accountant-General of the Federation have shown. The disbursement, which spanned over 15 months, was aimed at bolstering...
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Sterling Bank Profit Surges 102% to ₦43.68bn in 2024

01.07.2025
Sterling Financial Holdings Company Plc has announced a 102 per cent increase in profit after tax for the 2024 financial year, with earnings rising to ₦43.68bn from ₦21.58bn in 2023. The company disclosed this in its audited full-year financial results for the year ended December 31, 2024, released on Sunday. The results showed significant improvements...
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Nigeria Unveils Local Content Procurement Framework

01.07.2025
The Nigerian Content Development and Monitoring Board has said it is finalising a new procurement framework known as the Nigeria First Procurement Policy, aimed at prioritising local content participation in the oil and gas value chain and ensuring energy sufficiency. This effort, which aims to deepen the Federal Government’s First Policy and was announced by...
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Nigerian Stock Market Gains N5.32tn in June

01.07.2025
The Nigerian Exchange closed the month of June with a gain of N5.32tn as investor appetite for stocks remained strong, but trading opened in the red on the last day of the month with a marginal decline in the benchmark index. At the close of trading on Monday, the All-Share Index fell by 17.19 points...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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