The Nigerian Electricity Regulatory Commission (NERC) has officially transferred regulatory oversight of electricity activities within Gombe State to the Gombe State Electricity Regulatory Commission (GOSERC), marking another major step in …
Regulation
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Business and EconomyEnergy SectorNigerian StatesPublic PolicyRegulation
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African EconomyBankingFinanceGhanaRegulationRemittances
Bank of Ghana Enhances Oversight of Inward Remittances
The Bank of Ghana (BoG) has introduced new operational guidelines for International Money Transfer Operators (IMTOs) as part of efforts to tighten oversight of inward remittances, protect foreign exchange inflows, …
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BusinessFinancial ServicesInsuranceRegulation
NIA Promises Support for Insurers Under New Insurance Reform Act
by Radarr Adminby Radarr AdminInsurance operators across Nigeria have been urged to put clear plans and practical measures in place to ensure the smooth and successful implementation of the Nigeria Insurance Industry Reform Act …
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GOVERNMENTNigeriaPoliticsPower & Energy,Regulation
Tinubu Appoints Mulisiu Oseni as NERC Chairman After Senate Confirms Board
President Bola Ahmed Tinubu has appointed Dr Mulisiu Oseni as the Chairman of the Nigerian Electricity Regulatory Commission following the confirmation of members of the commission’s board by the Senate. …
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EconomyFinance & ServicesNigeriaPensionPublic PolicyRegulation
PenCom Extends Pension Industry Recapitalisation Deadline to June 2027
The National Pension Commission has extended the deadline for the ongoing recapitalisation of the pension industry to June 2027, shifting it from the earlier date of December 2026. The move …
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BankingCorporate NewsFinanceFinance & ServicesRegulationTechnology
NDIC, NIBSS Move to Strengthen Faster Depositor Reimbursement Through New Digital Partnership
The Nigeria Deposit Insurance Corporation and the Nigeria Inter-Bank Settlement System Plc are set to formalise a stronger collaboration through the signing of a Memorandum of Understanding aimed at improving …
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BankingBusinessConsumer ProtectionEconomyFinanceRegulation
NDIC assures ASO, Union homes depositors of N2m payouts
The financial landscape in Nigeria’s mortgage subsector witnessed a major shake-up on Tuesday as the Nigeria Deposit Insurance Corporation (NDIC) officially moved in to liquidate two prominent institutions: Aso Savings …
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Civil SocietyEconomyNigeriaOil & GasPublic PolicyRegulation
Civil Society Group Faults Dangote’s Call for Probe of NMDPRA Boss
The League of Civil Society Groups has criticised recent public comments credited to the President of Dangote Industries Limited, Alhaji Aliko Dangote, in which he reportedly called for a probe …
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AviationNewsNigeriaPublic SafetyRegulationSafetyTransportation
NSIB begins probe as Flybird aircraft overshoots runway at Kano airport
The Nigerian Safety Investigation Bureau, NSIB, has commenced an investigation into an aircraft incident involving a Hawker 800XP operated by Flybird Aircraft Management Services Limited at the Malam Aminu Kano …
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BankingCBNEconomyFinanceNewsNigeriaRegulation
Banks Intensify Capital Raise as CBN Strengthens Oversight and Pushes Basel III Transition
Nigeria’s Deposit Money Banks are increasing efforts to raise fresh capital as the Central Bank of Nigeria intensifies its oversight to build a stronger, more resilient financial system. The apex …