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NAICOM Unveils Revised Annuity Regulations for Insurance Operators

NAICOM Unveils Revised Annuity Regulations for Insurance Operators   In a move to strengthen the annuity market and ensure greater transparency, the National Insurance Commission (NAICOM) has introduced new regulations governing annuity business, effective February 1, 2025. An annuity is a contract between you and an insurance...

New CBN DGs, MPC Members Assume Duty

New CBN DGs, MPC Members Assume Duty Mrs. Aisha Ahmad and Mr. Edward Lametek Adamu have formally assumed duty as Deputy Governors of the Central Bank of Nigeria (CBN), following the confirmation of their appointments last week by the Nigerian Senate. The trio of Professor Adeola...

BOA Disburses N262bn to farmers

BOA Disburses N262bn to farmers Alhaji Kabir Adamu, Managing Director, Bank of Agriculture (BOA), says the bank has disbursed N262 billion to 140,000 farmers through Anchor Borrower Scheme in three years. Adamu, who disclosed this while speaking with the newsmen in Sokoto, said the disbursement was...