Insurers pay N347bn claims despite N10.9bn premium decline
Experts are of the opinion that the figures indicate that while insurers generated less premium income during the period under review, their claims obligations continued to rise
Nigeria’s social welfare in ignominious state, says Economic Society
The Nigerian Economic Society (NES) on Tuesday described the state of Nigeria’s social welfare as ignominious, noting that 133 million citizens currently suffer deprivations across education, health, and living standards.
CBN’s new PoS regulations boosting e-payment efficiency
The Central Bank of Nigeria, CBN has explained that measures taken with the new Point of Sales, PoS regulations will boost payment efficiency and ensure that Nigeria’s e-payment space is safe and secure.
Union Bank completes merger with Titan Trust Bank
Under the terms of the merger, Union Bank has fully absorbed Titan Trust Bank’s operations and assets.
Collaboration among Fintech, banks & OFI’s key to drive sustainable growth
By Providence Ayanfeoluwa Financial expert, Samuel Olaniran, has called for increased collaboration between fintechs, traditional banks, and Other Financial Institutions, OFI’s to foster trust, improve customer engagement, and drive sustainable growth across the financial ecosystem. Olaniran emphasized that fostering a culture of collaboration is essential to drive innovation, strengthen security, promote inclusion, and build a […]
Apapa Customs collects N215bn on B’Odogwu in August
…As Comptroller Olomu reassures efficiency By Godwin Oritse Despite reported network glitches, the Apapa Command of Nigeria Customs Service has collected N215billion in the month of August 2025 using the Unified Customs Management System (UCMS) also known as B’Odogwu. Customs Area Controller of the Command, Babatunde Olomu, who described the collection as a product of […]
