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Nigeria's insurance industry is entering a new phase under the Nigerian Insurance Industry Reform Act (NIIRA) 2025, with stronger regulatory standards, higher capitalisation requirements and greater emphasis on protecting policyholders. The reforms have received support…
Nigeria’s foreign exchange market remained in focus on Wednesday, September 30, 2026, as the naira was quoted at ₦1,329.1600 to the US dollar at the official market, according to data attributed to the Central Bank…
Nigeria's insurance sector has entered a new phase following the reported completion of its recapitalisation exercise, with stakeholders being urged to support ongoing regulatory reforms aimed at strengthening the industry. The Chairman of the Good…
The Federal Government has approved a new interest regime for taxpayers who fail to settle their tax liabilities on time, with the revised system taking effect from October 1, 2026. Under the new arrangement, interest…
The official dollar-to-naira exchange rate stood at ₦1,329.5138 to $1 on Friday, September 25, 2026, according to data attributed to the Central Bank of Nigeria (CBN), while the naira was quoted at ₦1,390 to the…
Key Takeaways Liquid Intelligent Technologies has introduced a new K300 Liquid Home package in Zambia. The company has also enhanced its 4G MiFi and router offerings while adjusting speeds across its fibre packages. Liquid says…
Key Takeaways The reported official/reference dollar-to-naira rate stood at ₦1,329.8019/$1 on Monday, September 21, 2026. The rate was lower than the previous reported figure of ₦1,331.2027/$1. The parallel market closed at ₦1,389/$1 on Monday. The…
Key Takeaways The Dangote Petroleum Refinery has reduced its ex-gantry petrol price by ₦25 per litre, bringing it down to ₦1,325. The reduction comes just nine days after the refinery raised its benchmark by ₦85,…
The price of cooking gas has climbed to about ₦1,300 per kilogram in Lagos, adding further pressure on households and businesses that rely on Liquefied Petroleum Gas (LPG) for cooking and daily operations. The latest…
The ongoing conversation surrounding Nigeria’s fuel supply strategy has taken a new turn, with industry stakeholders strongly opposing recent suggestions encouraging the importation of petrol. The development has sparked intense reactions across the energy sector,…