Professional Service
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403Pension Assets Hit ₦29.5tr as PFAs Ramp Up Investment in Bonds, Equities
Nigeria’s pension assets rose to N29.52 trillion in March 2026 and this was driven largely by increased investment in Federal Government securities...
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1.7KNAICOM Imposes 0.25% Protection Levy on 67 Insurers
The National Insurance Commission has issued a stern directive to 67 insurance and reinsurance companies to begin mandatory contributions to the newly...
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573
NAICOM Raises Micro Insurance Capital to ₦3b to Drive Grassroots Penetration
The National Insurance Commission (NAICOM) has raised the minimum capital requirement for national microinsurance operators to N3 billion, a move aimed at...
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1.1KFG Eyes Fresh $500m Support from $11.5b Global Education Fund, Unveils Reform Gains
The federal government has intensified efforts to reposition Nigeria’s education sector, unveiling sweeping reform gains and a bold financing strategy, including plans...
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675FG Inaugurates PenCom Board as Pension Assets Cross ₦28tr
The Federal Government on Monday inaugurated the Governing Board of the National Pension Commission, directing members to uphold corporate governance and safeguard...
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1.1K
NAICOM Tightens Insurers’ Recapitalisation Oversight
The National Insurance Commission has heightened its oversight of the ongoing industry recapitalisation, as it prepares to commence formal verification of the...
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879
NAICOM, BPP Collaborate on Public Procurement Compliance
The National Insurance Commission has signed a Memorandum of Understanding with the Bureau of Public Procurement to strengthen the insurance industry, particularly...
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808
NAICOM, NCGC Seal Pact to Unlock Credit Access for MSMEs, Consumers
The National Insurance Commission (NAICOM) and the National Credit Guaranty Company (NCGC) have moved to deepen their partnership to ease financing barriers...
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814
Personal Pension Savings Stagnant, Records 92.4% Unfunded Accounts
Despite efforts by the National Pension Commission (PenCom) to encourage personal pension savings, total of 191,240 Personal Pension Plan (PPP), about 92.4...
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1.0K
NDIC Reaffirms Commitment to Prompt Payouts, Strengthens Claims Process
The Nigeria Deposit Insurance Corporation (NDIC) has reiterated its commitment to ensuring prompt access to depositors’ funds in the event of a...
