BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM) has denied allegations of fraud linked to the recently concluded ₦100 billion recapitalization exercise in the insurance sector. The commission also insisted that neither its Commissioner for Insurance nor any of its Directors has been indicted, charged, or found culpable of any wrongdoing. NAICOM disclosed this in a […] The post NAICOM Denies Fraud Allegations Over ₦100bn Recapitalization, Says No Official Indicted or Detained appeared first on Business Today NG.

BY NKECHI NAECHE-ESÉZOBOR—The National Insurance Commission (NAICOM) and the Nigeria Civil Aviation Authority (NCAA), on Wednesday signed a Memorandum of Understanding (MoU) establishing a Joint Technical Committee on Aviation Insurance, aimed at strengthening regulatory collaboration between the two agencies. The agreement was formalized at a ceremony held at the NCAA headquarters in Abuja, with the […] The post NCAA, NAICOM Sign MoU to Strengthen Aviation Insurance Oversight in Nigeria appeared first on Business Today NG.

The Central Bank of Nigeria (CBN) has warned banks, fintechs, and other financial institutions to treat cybersecurity, technology-vendor failures, and read more CBN tells banks, fintechs to treat cyber risk as financial stability threat

The National Agency for Food and Drug Administration and Control (NAFDAC) has raised an alarm that Chinese counterfeiters are now read more Nigeria becomes new production hub for fake goods, NAFDAC warns

Senegal’s planned restructuring of nearly $5 billion in Eurobonds is emerging as a major test of whether reforms to the read more Senegal’s $5bn debt revamp tests Africa’s new restructuring playbook

Nigeria’s phone dealers and device technicians have backed the Nigerian Communications Commission’s new Device Management System (DMS), but are urging read more Stakeholders back NCC’s IMEI drive, urge more time, clearer rules before full rollout