The Nigerian Electricity Regulatory Commission (NERC) has reportedly ordered eight electricity Distribution Companies (DisCos) to downgrade 18 electricity feeders classified as band A to lower bands over failure to supply the supply minimum of 20 hours of electricity to customers under the feeders. It also ordered the DisCos to compensate Band A customers in 213

The massive ₦758 billion pension bond proposal currently before the National Assembly has generated considerable attention for its potential to address Nigeria’s mounting pension crisis, yet beneath the headlines lies a troubling question about who exactly will benefit from this unprecedented fiscal intervention. While President Bola Tinubu’s administration positions this bond as a comprehensive solution

As President Bola Ahmed Tinubu approaches the second anniversary of his administration in May 2025, Nigeria stands at a critical juncture of economic transformation that has sent ripples across every sector of the nation’s economy, with the insurance industry emerging as a particularly compelling case study of both challenge and opportunity. The bold economic reforms

In the bustling airports across Nigeria, thousands of travelers move through terminals daily, many unaware of their rights when flights are delayed or baggage goes missing. Despite clear regulations established through both international agreements and local legislation, a significant awareness gap exists regarding passenger compensation in Nigeria’s aviation sector. The legal framework governing these matters

18:11:30The Nigerian insurance industry stands at a crossroads as it grapples with the implications of the proposed Tax Reform Bill. While taxation remains a critical tool for generating revenue necessary to fund national development, concerns have surfaced over the potential adverse impact on insurance companies if certain provisions of the bill are left unaddressed. At

In a significant move to bolster Nigeria’s financial stability and economic resilience, President Bola Ahmed Tinubu is poised to unveil a comprehensive 10-year strategic roadmap for the insurance sector spanning from 2024 to 2033, alongside a critical Guidance Note for the Insurance of Government Assets and Liabilities. This landmark initiative represents the culmination of years

Africa’s quest for food security faces a complex web of interconnected challenges including climate change impacts, economic volatility, security concerns, infrastructure deficits, and policy inconsistencies. These multifaceted issues have created a perfect storm that threatens agricultural productivity, market access, and nutritional outcomes across the continent, pushing millions toward food insecurity despite the region’s vast agricultural

As the July 1, 2025 enforcement deadline approaches, the ramifications of this sweeping measure extend far beyond simple prohibitions, touching virtually every sector of Lagos’ complex socioeconomic fabric. Lagos State’s impending ban on single-use plastics represents one of the most ambitious environmental policies undertaken in Nigeria’s modern history. The ban emerges as a direct response

The Federal Government is advancing plans to utilize Nigeria’s N23 trillion pension assets to accelerate economic growth and enhance development across key sectors. At the 2025 Pension Industry Leadership Retreat in Lagos, Finance Minister and Coordinating Minister of the Economy, Mr. Wale Edun, underscored the need for strategic alignment of these funds with national priorities

Federal Government Launches New Insurance Framework for Leased Aircraft To enhance the ease of doing business in Nigeria’s civil aviation sector, the Federal Ministry of Aviation and Aerospace Development has unveiled a new insurance regulation framework for Dry Lease Aircraft under the National Insurance Commission’s (NAICOM) policy to boost the sector. The Federal Government has