Headlines from Nigerian publishers. Each story opens on the publisher's site.
The result comes at a time when Nigeria's insurance industry continues to contend with elevated inflation, rising claims costs, currency volatility and higher operating expenses The post Linkage Assurance records 74% profit growth in half year 2026 appeared first on Vanguard News.
Vanguard News · 2 months ago · 2 min read(opens Vanguard News in a new tab)
Earlier this year, Heirs Life Assurance and Heirs General Insurance were recognised among the Financial Times' fastest growing companies in Africa The post Heirs Insurance Group poised for leadership in Nigeria’s post-recapitalisation era appeared first on Vanguard News.
Vanguard News · 2 months ago · 3 min read(opens Vanguard News in a new tab)
By Rosemary Iwunze The Management of Anchor Insurance Company Limited has officially announced that the Company has successfully met the recapitalisation requirements of the National Insurance Commission (NAICOM) under the Nigeria Insurance Industry Reform Act (NIIRA) 2025. The Managing…
Vanguard News · 2 months ago · 2 min read(opens Vanguard News in a new tab)
Rex Insurance commends NAICOM for its leadership in strengthening the insurance sector through the recapitalisation exercise and remains committed to supporting initiatives The post Rex Insurance successfully meets new minimum capital requirement appeared first on Vanguard News.
Vanguard News · 2 months ago · 3 min read(opens Vanguard News in a new tab)
The organisation reassures all contributors that the brand transition requires zero action on their part. All RSA balances, unique PINs, and historical financial records remain perfectly intact The post Leadway unveils ‘Leadway PFA’ as unified brand following successful consolidation journey…
Vanguard News · 2 months ago · 3 min read(opens Vanguard News in a new tab)
AIICO Insurance Plc has received a new operational licence from NAICOM, confirming its full compliance with the recapitalisation requirements The post AIICO retains composite licence without capital raise, posts solid Q2 performance appeared first on Vanguard News.
Vanguard News · 2 months ago · 3 min read(opens Vanguard News in a new tab)
"This achievement goes beyond meeting a regulatory requirement. It is a reaffirmation of our enduring promise to policyholders" The post Mutual Benefits meets NAICOM recapitalisation milestone, strengthen industry leadership position appeared first on Vanguard News.
Vanguard News · 2 months ago · 4 min read(opens Vanguard News in a new tab)
Business leaders, human resource professionals, and policymakers are set to converge on Lagos to address the impact of artificial intelligence, changing workforce dynamics, and corporate performance at the 2026 edition of the Beyond HR Conference.
The Punch · 2 months ago · 2 min read(opens The Punch in a new tab)
Smallholder farmers in Benue, Nasarawa, Ogun and Edo states are set to gain access to affordable tractors, irrigation systems and other modern farming equipment following a new partnership between the Equipment Leasing Registration Authority and Heifer Nigeria aimed at boosting food production,…
The Punch · 2 months ago · 3 min read(opens The Punch in a new tab)
Magen Doxa Umerim Capital Limited has secured the approval of the Securities and Exchange Commission to operate as a fund, portfolio manager in Nigeria’s capital market, effective 28 July 2026.
The Punch · 2 months ago · 2 min read(opens The Punch in a new tab)
The Nigeria Deposit Insurance Corporation has commenced the payment of insured deposits to customers of 46 failed microfinance banks whose operating licences were revoked by the Central Bank of Nigeria, while intensifying loan recoveries and asset sales to reimburse depositors with balances above…
The Punch · 2 months ago · 3 min read(opens The Punch in a new tab)
The Federal Government, through the Rural Electrification Agency, is set to inject a cumulative 60.82 megawatts of renewable power into the national grid following the rollout of decentralised mini-grid projects across the country.
The Punch · 2 months ago · 3 min read(opens The Punch in a new tab)
The Lagos State Government has signed a Memorandum of Understanding with two major transport unions in the state, the Nigeria Union of Road Transport Workers and the Road Transport Employers Association of Nigeria, to formally regulate public bus operations, paving the way for the integration of…
The Punch · 2 months ago · 4 min read(opens The Punch in a new tab)
Former employees of the defunct Power Holding Company of Nigeria will not receive another pension increase until January 1, 2027, the National Salaries, Income and Wages Commission has said, following a reassessment of records that altered their eligibility for recent pension adjustments.
The Punch · 2 months ago · 4 min read(opens The Punch in a new tab)
The Lagos State Waterways Authority, in partnership with Interferry, has successfully concluded Module Three, Ferry Safety, of Africa’s first-ever Ferry Safety Development and Mentoring Programme, marking another significant milestone in its commitment to raising safety standards and building…
The Punch · 2 months ago · 3 min read(opens The Punch in a new tab)
By Peter Egwuatu Dangote Petroleum Refinery has announced a reduction in the ex-depot prices of Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel), effective Thursday 6th of August, thereby reaffirming its commitment to providing affordable, high-quality petroleum products to the Nigerian…
Vanguard News · 2 months ago · 2 min read(opens Vanguard News in a new tab)
By Elizabeth Adegbesan The withdrawal of the Central Bank of Nigeria’s (CBN) COVID-19 regulatory forbearance given to banks has pushed banks’ Non-Performing Loans (NPLs) ratio to 9.94 per cent in the first quarter of 2026 (Q1’26), significantly above the apex bank’s prudential benchmark of 5.0 per…
Vanguard News · 3 months ago · 3 min read(opens Vanguard News in a new tab)
•As crude oil prices drop By Udeme Akpan, Energy Editor Competition among petroleum marketers and depot operators intensified on Tuesday as the prices of Premium Motor Spirit (PMS), also known as petrol, and Automotive Gas Oil (AGO), also called diesel, recorded downward adjustments across major…
Vanguard News · 3 months ago · 3 min read(opens Vanguard News in a new tab)
Key stakeholders in Nigeria’s automotive industry have raised concerns over safety gaps threatening the country’s transition to Compressed Natural Gas and Electric Vehicles, warning that weak regulation, inadequate testing facilities and poor public awareness could undermine the Federal…
The Punch · 3 months ago · 4 min read(opens The Punch in a new tab)
Nigeria’s aviation sector may be heading for another round of industrial action as two major aviation unions have declared that they are prepared to commence the picketing of airlines accused of withholding billions of naira in statutory Ticket Sales Charges, warning that the action could begin…
The Punch · 3 months ago · 3 min read(opens The Punch in a new tab)
