ECOWAS Brown Card Scheme Vital for Regional Mobility, Motorist Protection-NAICOM
By Oluwakemi Kindness The Commissioner for Insurance, National Insurance Commission, NAICOM, Olusegun Ayo-Omosehin, has described the ECOWAS Brown Card Scheme as a critical instrument for regional mobility, financial protection, and compensation for road accident victims across West Africa. Speaking on Tuesday at the 1st ECOWAS Brown Card Scheme Zonal Meeting in Lagos, Omosehin said the […]
NAICOM Reaffirms Commitment to Staff Welfare, Transparency
By Oluwakemi Kindness The National Insurance Commission (NAICOM) has reaffirmed its commitment to upholding high labour standards, prioritising staff welfare, and strengthening institutional stability, noting that a motivated workforce remains key to its effectiveness. In a statement issued on Monday, the Commission said it has sustained deliberate reforms since the current leadership assumed office, focusing […]
TUC Proposes Crude Subsidy for Dangote Refinery to Cut Fuel Prices
By Chinedu Echianu The Trade Union Congress (TUC) has urged the Federal Government to introduce targeted subsidy on crude oil supplied to the Dangote Refinery and other local refineries as an immediate measure to reduce the soaring cost of petroleum products in Nigeria. The union said the proposal involves using at least 60 percent of […]
NSIA Targets 2026 Rollout of Health, Data, Energy Projects
By Oluwakemi Kindness The Nigeria Sovereign Investment Authority (NSIA) has outlined key projects scheduled for delivery in 2026 across healthcare, digital infrastructure and renewable energy, even as it recorded a ₦322.4 billion unrealized foreign exchange loss in 2025. Details from the Authority’s 2025 financial report show that several major initiatives are expected to come onstream […]
CBN Concludes Bank Recapitalisation, Sector Raises ₦4.65tn
By Oluwakemi Kindness The Central Bank of Nigeria CBN has announced the successful conclusion of its banking sector recapitalisation programme, with Nigerian banks raising a total of ₦4.65 trillion in new capital. The exercise, which began in March 2024, is aimed at strengthening the financial system and boosting banks’ capacity to support economic growth. Strong […]
2026 Budget: NPA Targets N1.489trn Revenue
By Oluwakemi Kindness The Nigerian Ports Authority (NPA) has proposed a N1.489 trillion revenue target for the 2026 fiscal year. This represents an increase of N21 billion above the N1.468 trillion target set for 2025. Managing Director of the NPA, Dr. Abubakar Dantsoho, disclosed this while presenting the agency’s 2026 budget proposal before the House […]
FCT-IRS Extends Individual Tax Return Deadline to April 30
By Oluwakemi Kindness The Federal Capital Territory Internal Revenue Service (FCT-IRS) has extended the deadline for filing individual annual income tax returns by one month. The new deadline is now April 30, 2026, instead of the statutory March 31. Acting Executive Chairman of the FCT-IRS, Michael Ango, said the extension is to give taxpayers more […]
Reps Panel Slams Polytechnics’ Rectors Over Budget Defence Absence
By: Oluwakemi Kindness The House of Representatives Committee on Polytechnics and Other Higher Technical Education has criticised the low turnout of Rectors at the ongoing 2026 budget defence, warning that the trend signals deeper accountability challenges within Nigeria’s technical education system. Chairman of the Committee, Fuad Laguda, expressed disappointment after 10 of the 14 invited […]
NAICOM, BPP Strengthen Collaboration to Enhance Regulatory Coordination
By Oluwakemi Kindness The National Insurance Commission (NAICOM) and the Bureau of Public Procurement (BPP) have moved to strengthen inter-agency collaboration as part of efforts to improve regulatory coordination across the public sector. The initiative formed the focus of a working visit by the Commissioner for Insurance and Chief Executive Officer of NAICOM, Olusegun Omosehin, […]
NLC Rejects APGC’s Six Trillion Naira Demand
By Chinedu Echianu The Nigeria Labour Congress (NLC) has strongly rejected the claims by the Association of Power Generation Companies (APGC) following their February 17, 2026 statement, describing the group’s demand for N6 trillion as a “clandestine heist” targeting public funds. In a press release issued on Thursday, NLC President Joe Ajaero criticizes APGC […]