• Stakeholders Demand Enhanced Safeguards for N24.6 Trillion Pension and N3.3 Trillion Insurance Assets

    Key players within the insurance and pension sectors are advocating for enhanced regulatory measures to safeguard and grow Nigeria’s substantial pension fund assets, currently valued...

    Stakeholders Seek Stronger Protection For N24.6trn Pension, N3.3trn Insurance Assets
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    Key players within the insurance and pension sectors are advocating for enhanced regulatory measures to safeguard and grow Nigeria’s substantial pension fund assets, currently valued at N24.6 trillion, alongside insurance assets totaling N3.3 trillion. By the close of the 2024 fiscal year, the insurance industry’s asset base was recorded at N3.3 trillion, with projections indicating...
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  • FCCPC Recovers a Whopping N10bn from Banks, Fintechs, and More in Just Six Months!

    In a span of six months, the Federal Competition and Consumer Protection Commission (FCCPC) has successfully reclaimed over N10 billion on behalf of customers from...

    FCCPC recovers N10bn from banks, fintechs, others in six months
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    In a span of six months, the Federal Competition and Consumer Protection Commission (FCCPC) has successfully reclaimed over N10 billion on behalf of customers from banks, fintech firms, and other service providers. These recoveries were prompted by numerous grievances related to poor service delivery, unauthorized charges, defective products, and misleading advertising tactics. The commission shared...
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  • NAICOM Sets September 30 Deadline for Insurance Companies to Submit Recapitalisation Plans

    The National Insurance Commission (NAICOM) has mandated all insurance and reinsurance firms operating in Nigeria to present their recapitalisation strategies by September 30. This directive...

    NAICOM orders insurance companies to submit recapitalisation plans by September 30
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    The National Insurance Commission (NAICOM) has mandated all insurance and reinsurance firms operating in Nigeria to present their recapitalisation strategies by September 30. This directive comes in the wake of the Nigerian Insurance Industry Reform Act (NIIRA) 2025, aiming to facilitate a smooth and effective enforcement of the updated capital requirements. Under NIIRA 2025, the...
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  • Xs.com Review: Trusted & Regulated Broker or Hidden Risk? Find Out Now!

    In an era marked by economic unpredictability and the growing awareness that traditional bank savings may erode in value over time, more individuals are embracing...

    Xs.com Review: Reliable & Regulated Broker Or Risky Choice?
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    In an era marked by economic unpredictability and the growing awareness that traditional bank savings may erode in value over time, more individuals are embracing diversified investment portfolios. This trend includes a broad spectrum of assets such as equities, bonds, real estate, mutual funds, and digital currencies. This shift signals a heightened financial literacy and...
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