By Babajide Komolafe The Nigeria Deposit Insurance Corporation (NDIC) and the Nigeria Inter-Bank Settlement System (NIBSS) Plc. are set to formalise a partnership through a Memorandum of Understanding (MoU) aimed at ensuring faster and more efficient reimbursement of depositors in the event of bank failures. The development was disclosed by NDIC Managing Director/CEO, Mr. Thompson Oludare […]

By Peter Egwuatu  Nigerian equities extended their bullish run last week as investors added about N1.67 trillion in value to their portfolios, with the stock market closing higher on a week-on-week basis despite the Yuletide slowdown in trading activities, reflecting sustained confidence in fundamentally strong stocks. Market data showed that investors gained over N1.672 trillion during […]

Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele, has allayed widespread fears among Nigerians over the impending tax reforms scheduled to take effect from January 1, 2026, insisting that the exercise is not designed to overburden citizens with higher tax rates or arbitrary revenue targets.

By Rosemary Iwunze Members of NEM Group gathered at the 2025 end of year party to count their blessings and appreciate God Almighty for His marvellous deeds in time past and the outgoing year. The event which held in Lagos, at the company’s Head Office was attended by members of the Group – NEM Insurance […]

“Strengthen know-your-customer and anti-money laundering controls for merchants handling foreign card payments”