By Innocent Anaba The National Insurance Commission (NAICOM) has revoked the license  of Universal Insurance Plc and appointed a receiver/provisional liquidator to commence the process of winding up the company’s affairs. The cancellation, which took effect on August 14, 2026, followed the company’s alleged failure to meet the prescribed Minimum Capital Requirement (MCR) applicable to its […]

By Jimoh Babatunde The Initiative for Peace, Forgiveness and Love for One Another (IPFLOA) has urged Nigerian politicians, political parties and their supporters to embrace peace, forgiveness and mutual respect in the conduct of political activities. The Co-Founder of the organisation, Engr. Bright Atoe, made the call while reflecting on the conclusion of the Osun […]

By Emma Ujah, Abuja Bureau Chief The three tiers of government have shared N3.007 trillion as July 2026 revenue. The revenue was shared at the Federation Account Allocation Committee, FAAC, meeting held, yesterday,  on the sidelines of the ongoing National Council on Federation and Economic Development, NACOFED, jn Owerri, Imo State. This moth’s shared revenue was  […]

By Juliet Umeh LAGOS — Financial institutions across Africa have been urged to deploy innovative financing models, climate-risk tools and artificial intelligence (AI) to expand investment in agriculture and strengthen the continent’s food security.The call was made at the opening of the week-long African Rural and Agricultural Credit Association, AFRACA, Masterclass on Inclusive Finance for […]

Borno State Governor Babagana Umara Zulum has disclosed that his administration has invested N15.29 billion in scholarship programmes for indigenes of the state since 2023, with more than N8.61 billion spent on overseas scholarships.