FAAC ranking: VAT places Lagos above oil states in H1 2026
Lagos State has emerged as the biggest recipient of federation account revenue in Nigeria’s first half of 2026, with its…
FG wades into insurance industry recapitalisation row
Suspends NAICOM’s N680m fee The Federal Ministry of Finance has stopped enforcement of about N680 million in disputed fees imposed…
Nigeria’s tax revenue hits N27trillion after 113% surge
Nigeria’s tax collections have surged by 113 per cent in less than three years, rising from N12.3tn in 2023 to…
SEC launches campaign to recover unclaimed dividends, inherited assets
The Securities and Exchange Commission (SEC) has launched a nationwide campaign to help investors and beneficiaries recover unclaimed dividends and…
Nigerian stock market extends rally
…As investors position for earnings season The Nigerian stock market has sustained its positive momentum on Week-on-Week, WoW, as renewed…
Five insurers intensify push to meet NAICOM’s capitla rules
Five insurance companies have provided updates on their recapitalisation efforts, outlining varying stages of compliance with the National Insurance Commission’s…
CBN’s liquidity lending to non-interest institutions hits N129.71bn
Transactions under the Central Bank of Nigeria’s (CBN) Funding for Liquidity Facility (FfLF) increased sharply in 2025, reflecting heightened demand…
‘NDIC has insured 98% of bank depositors, 281 million accounts’
Nigeria Deposit Insurance Corporation (NDIC) yesterday reassured on the multiple layers of protection for the Nigerian banking industry with more…
NAICOM revokes Nigeria Reinsurance licnence
Cites failure to meet capital requirement The National Insurance Commission (NAICOM) has revoked the operating licence of Nigeria Reinsurance Corporation…
NAICOM issues new licence certificates to recapitalised firms
The National Insurance Commission (NAICOM), on Tuesday at its headquarters in Abuja, presented new Licence Certificates to insurance companies that…