‘Insurers Paid 54% Of Income As Claims In 2023’
In the 2023 financial year, insurance companies in Nigeria reported over N1 trillion in Gross Premium Income, with N536.5 billion—representing...
Tuesday, February 3, 2026
Lead-In
NIBSS To Launch Non-resident BVN Platform For Diaspora Nigerians
The Nigerian Inter-Bank Settlement System (NIBSS) is set to launch a non-resident Bank Verification Number (BVN) platform by December 2024,...
Banking System Upgrades: What Gain For Customers’ Pain?
Over the past few weeks Nigerian bank customers have found themselves in a state of frustration, grappling with a wave...
Burden Of Multiple Taxation: FG, States, LGs Impose 39 Charges On MSMEs
Micro, Small, and Medium Enterprises (MSMEs) in Nigeria are struggling to survive under the weight of numerous taxes, levies, and...
Nigerian Banks And Challenge Of Seamless Systems Upgrade
In recent months, Nigerian customers have voiced growing frustration with their deposit money banks, also known as commercial banks. The...
Nigeria’s Offshore Oil & Gas Market To Hit $47.03bn By 2031
There are indications that Nigeria is set to witness exponential oil and gas market growth with impressive valuation. According to...
BRICS Countries Boost Nigeria’s Capital Inflows By 189%
Nigeria’s foreign capital inflows from BRICS nations surged by 189 per cent in the first half of 2024, as the...
FG Mandates Use Of Nigerian Caterers By Foreign Airlines
The federal government has directed all outbound flights from Nigeria, particularly foreign airlines, to source their on-board meals from local...
Naira Among Africa’s Lowest Performing Currencies – World Bank
The World Bank has reported that the Nigerian naira ranks among the worst-performing currencies in sub-Saharan Africa in 2024. In...
4 Years After: Nigeria’s Decade Of Gas Plan Wobbles
Four years after launching its ambitious “Decade of Gas” initiative, the federal government faces mounting criticism as critical projects remain...
