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NAICOM Concludes Insurance Recapitalisation, Confirms 48 Firms as Compliant

The National Insurance Commission (NAICOM) has concluded the recapitalisation exercise for Nigeria’s insurance industry, confirming seven additional companies as compliant with the new minimum capital requirements. The latest approvals bring the total number of insurance companies verified by the regulator to 48, in addition to two reinsurance companies, marking a significant restructuring of the industry’s […]

Crime News

One Killed, Another Injured in Esa-Oke Shooting, over Osun Election

One person has been killed and another injured following a shooting in Esa-Oke, Obokun Local Government Area of Osun State, amid heightened political activities ahead of Saturday’s governorship election. The deceased was reportedly a supporter of the All Progressives Congress (APC) and a nephew of the Director-General of the APC Campaign Council and member of […]

News

US Report Vindicates Atiku’s Concerns Over Nigeria’s Fiscal Transparency, Says Media Office

The presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, has said a recent report by the United States Department of State supports his longstanding concerns about fiscal transparency and accountability under the administration of President Bola Ahmed Tinubu. Atiku’s media office, in a statement, cited the report’s observations on Nigeria’s budget process, including […]

Educational News

WAEC Defends Credibility of 2026 WASSCE Results, Rejects Social Media Claims

The West African Examinations Council (WAEC) has defended the credibility of the 2026 West African Senior School Certificate Examination (WASSCE) results, urging the public to disregard unverified claims circulating on social media. The Council said the results were generated through established marking, moderation and quality-control procedures designed to ensure fairness, accuracy and transparency. WAEC’s response […]

News Politics

2027: SDP’s Adewole Adebayo Vows to ‘Cure’ Tinubu’s Economic Illiteracy

The presidential candidate of the Social Democratic Party (SDP), Adewole Adebayo, has criticised President Bola Ahmed Tinubu’s economic policies, promising to address what he described as the President’s “economic illiteracy” if elected. Adebayo made the remarks on Thursday in Abuja after an interactive meeting with leaders of the Middle Belt Forum, where he outlined his […]

Article Breaking business

Jumia Raises $50 Million from IFC, Axian 

  African e-commerce company Jumia, has secured $50 million in fresh equity from investors led by the World Bank’s International Finance Corporation, giving the loss-making retailer additional financial firepower as it pushes towards profitability.   IFC is investing $25 million, half of the total fundraising, while Axian, one of Jumia’s largest existing shareholders, and other […]

Article Breaking business

Bauchi Assembly Majority Leader Resigns to Contest Shira LG Chairmanship

  The Majority Leader of the Bauchi State House of Assembly, Saleh Hodi Jibir, has resigned his seat to contest the chairmanship of Shira Local Government Area in the forthcoming council elections.   Jibir, who represented Disina Constituency, announced his resignation during Wednesday’s plenary presided over by Speaker Abubakar Y. Suleiman. He had served as […]

News

Troops Foil Bandit Attack in Plateau, Rescue Gunshot Victim

Troops of Sector 4, Operation Enduring Peace (OPEP), have foiled an attack on Nyerwai and Rayidi communities in Fan District of Barkin Ladi Local Government Area of Plateau State. The incident occurred at about 11:05 p.m. on Wednesday, August 12, after troops stationed at Dorowa Babuje responded to reports of sporadic gunshots in the affected […]

Article Breaking business

PDP Endorses Adeleke for Osun Poll Despite Court Victory for Its Own Candidate

  The Peoples Democratic Party (PDP) has officially directed its members to vote for Governor Ademola Adeleke of the Accord Party in Saturday’s Osun State governorship election, even after the Court of Appeal upheld the nomination of its own candidate, Adebayo Olugbenga Adedamola.   The party announced the decision on Thursday in a statement by […]