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Shagari seeks stronger maritime capacity partnership at IMO Council meeting

By Musa Ubandawaki, Sokoto LONDON — Chairman of the Governing Board of the National Inland Waterways Authority (NIWA), Mukhtar Shehu Shagari, has met with the President of the World Maritime University (WMU), Prof. Maximo Q. Mejia Jr., on the sidelines of the ongoing International Maritime Organization (IMO) Council meeting in London. The meeting focused on […]

Dollar to Naira exchange rate today, July 7, 2026

The Nigerian naira traded with mixed performance against the United States dollar on Tuesday, July 7, 2026, as the official Nigerian Foreign Exchange Market (NFEM) remained relatively stable while the parallel market recorded a slight weakening.

Recapitalisation: Companies with outstanding claims will not be relicensed — NAICOM

By Rosemary Iwunze As the insurance recapitalisation deadline of July 31st 2026 draws near, the National Insurance Commission, NAICOM, has stated that it will not re-license any company with outstanding claims.  In a letter to all Managing Director/CEOs of insurance companies, issued yesterday, titled: “Regulatory Directive – Settlement of Discharged Claims as A Precondition for Re-Licensing […]

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