The Central Bank of Nigeria (CBN) warns that without stronger governance and risk discipline, the success of the country’s ongoing bank recapitalisation programme is at risk. Dr Blaise Ijebor, Director…
Lagos: The National Insurance Commission (NAICOM) says 20 insurers have applied for verification under the recapitalisation exercise. The July 31 deadline stands. Mr Olusegun Omosehin, NAICOM Commissioner for Insurance and…
ABUJA: Nigeria’s markets regulator has significantly increased capital requirements for the securities industry. The minimum for brokers has tripled, and new multi-billion-naira thresholds now apply to underwriters, exchanges, and fund…
Alebiosu says easing inflation, reforms, and investor confidence will drive growth of up to 10% this year. Lagos: The Managing Director of First Bank of Nigeria Ltd., Mr. Olusegun Alebiosu,…
Abuja: The Federal High Court in Abuja has declined to grant an interim application seeking to restrain the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC)…
Lagos: The insurance sector took centre stage on the Nigerian Exchange Ltd. (NGX) this week, driving market momentum with a staggering ₦6.2 billion in trade volume. A total of 17…