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BusinessDay 03rd Aug 2026
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43 insurers scale industry recapitalisation hurdle as 8 await fate
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WORLD IN BRIEF:Trump pauses Iran strikes, Russia’s Africa Corps accused in Mali, IMF approves $1.8bn for Egypt and other stories
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Foreigners miss out on world’s best performing stock market
…As funds flow to short-term debts …Market Cap rises by N60trn in 7 months While Nigeria’s local investors reaped the read more Foreigners miss out on world’s best performing stock market
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$1 trillion economy will take 14 years
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NAICOM Announces Successful Completion of Insurance Sector Recapitalization Exercise
The National Insurance Commission,(NAICOM),  today announced the successful completion of the twelve-month insurance sector recapitalization exercise. In pursuant to Section 15 and other relevant provisions of the Nigerian Insurance Industry Reform Act (NIIRA) 2025, signed into law on 31 July 2025 by His Excellency, President Bola Ahmed Tinubu, a as part of his administration’s financial […] The post NAICOM Announces Successful Completion of Insurance Sector Recapitalization Exercise appeared first on Business Today NG.
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ICPC Charges Officials of the Borno State Universal Basic Education Board to Embrace Culture of Transparency and Professional Rectitude
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has charged officials of the Borno State Universal Basic Education Board (BOSUBEB) to embrace an unwavering culture of transparency and professional rectitude. The sensitisation exercise, recently conducted at the Board’s headquarters in Maiduguri, underscored the critical vulnerability of basic education to financial malfeasance and the […] The post ICPC Charges Officials of the Borno State Universal Basic Education Board to Embrace Culture of Transparency and Professional Rectitude appeared first on Business Today NG.
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FULL LIST: 43 Insurance Firms Meet NAICOM Recapitalization Deadlines, As Exercise Concludes
The National Insurance Commission, (NAICOM), on Monday announced that 43 insurance and reinsurance companies successfully met the prescribed Minimum Capital Requirements. The commission in a statement released today said that, however eight  companies that submitted evidence of compliance shortly before the statutory deadline are currently undergoing final verification and regulatory review. This would be concluded […] The post FULL LIST: 43 Insurance Firms Meet NAICOM Recapitalization Deadlines, As Exercise Concludes appeared first on Business Today NG.
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BREAKING: 43 Insurance Firms Meet NAICOM Recapitalization Deadlines, As Exercise Concludes
BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission, (NAICOM), on Monday announced the successful completion of the twelve-month insurance sector recapitalization exercise undertaken pursuant to Section 15 and other relevant provisions of the Nigerian Insurance Industry Reform Act (NIIRA) 2025, signed into law on 31 July 2025 by His Excellency, President Bola Ahmed Tinubu, as part of […] The post BREAKING: 43 Insurance Firms Meet NAICOM Recapitalization Deadlines, As Exercise Concludes appeared first on Business Today NG.
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NACCIMA opens applications for $150m offshore expansion facility for Nigerian firms
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has opened applications for its $150 million Offshore read more NACCIMA opens applications for $150m offshore expansion facility for Nigerian firms
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Africa’s prosperity hinges on human-centred leadership, World Public Summit says
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Ogun flags off lead remediation in Ogijo after ULAB audit, test
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Nigeria’s debt-to-GDP ratio modest amid subnational revenue growth – Presidency
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Nigeria’s crude export earnings fall 14% despite higher oil output
Nigeria’s crude oil export earnings declined by 14.4 percent to $31.54 billion in 2025, despite recording higher crude oil production read more Nigeria’s crude export earnings fall 14% despite higher oil output
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UEFA declares no confidence in Infantino’s FIFA leadership
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Real Madrid backs FIFA’s World Cup stake sale U-turn
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Trabzonspor president breaks silence on Mohamed Salah transfer links
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Senator Abba Moro’s falsehoods: Benue South will not be deceived by desperation and political propaganda
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Gunmen kill 12, abduct women, children in village near Sokoto
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Presidency debunks claims of N7.98trn oil windfall
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Imole campaign council accuses APC of political violence ahead of August 15 election
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Atiku condemns presidency’s attack on Cardinal Onaiyekan, Catholic Bishops
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Super Eagles midfielder Onyedika completes €10m (N15bn) move to Frankfurt
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Wike to Fubara: Dismantling political machinery costing you second term
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2027: Onaiyekan warns Tinubu’s push to win ‘by all means’ threatens democracy
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‘Hypersonic missiles’ vs. ‘devastating bombs’: Shehu Sani says Obasanjo-Atiku feud ends only in death
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2027: Opposition slams INEC over “statistically implausible” voter data
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Etihad Airways appoints APG Nigeria as sales agent ahead of March 2027 Lagos flight return
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Sanwo-Olu commissions Nigeria’s first Integrated Energy Hub, supports clean mobility initiatives
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Kogi government condemns killing of Catholic priest, orders thorough investigation
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YMCF extends special needs medical outreach to Isoko Constituency, impacts 400
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Nigerian sports icons deserve greater honours
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How foundation is advancing brain wellbeing with healthier lifestyles among Nigerians
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NEDC set to roll out 10,000 electric vehicles for North-East
The North East Development Commission (NEDC) has announced its plans to deploy more than 10,000 electric vehicles across the six read more NEDC set to roll out 10,000 electric vehicles for North-East
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OPEC+ agrees in principle to small quota hike, delegates say
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Warri Monarch’s 5th coronation anniversary: 50 golfers battle for significant prizes in Delta
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