NAICOM BEGINS ISSUING NEW LICENCES TO RECAPITALISED INSURANCE COMPANIES

NAICOM BEGINS ISSUING NEW LICENCES TO RECAPITALISED INSURANCE COMPANIES
DEFENCE MINISTER HAILS TINUBU’S 30–80% PAY RISE FOR MILITARY PERSONNEL

The Minister of Defence, General Christopher Musa (Rtd.), has commended President Bola Ahmed Tinubu for approving a salary increase of between 30 and 80 per cent for personnel of the Armed Forces of Nigeria.
MINISTER OF DEFENCE URGES ECOWAS, SAHEL ALLIANCE TO UNITE AGAINST TERRORISM

Nigeria’s Minister of Defence, General Christopher Gwabin Musa (Rtd), has called for stronger collaboration between the Economic Community of West African States (ECOWAS) and the Alliance of Sahel States (AES) to combat terrorism, dismantle cross-border criminal networks and restore peace across West Africa.
NIGERIA’S FOREIGN RESERVES HIT 17-YEAR HIGH OF $52.5BN, SAYS CBN

Nigeria’s foreign reserves have risen above $52.5 billion, surpassing the Central Bank of Nigeria’s annual target and reaching their highest level in 17 years, the apex bank has announced.
APPMEN SEEKS NHRC PARTNERSHIP AHEAD OF 2026 ASO APPMEN/CONTENT CREATORS CONFERENCE

The Association of Proprietors of Private Media Establishments of Nigeria (APPMEN) has sought a strategic partnership with the National Human Rights Commission (NHRC) ahead of the 2026 ASO APPMEN/Content Creators Conference.
BAGUDU SEEKS STRONGER PARTNERSHIPS TO ENSURE ECONOMIC REFORMS BENEFIT VULNERABLE NIGERIANS

The Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, has called for stronger collaboration between the Federal Government, humanitarian organisations and development partners to ensure that Nigeria’s ongoing economic reforms improve the livelihoods of vulnerable and underserved citizens.
FG TO BUILD NEW DAM IN PLATEAU, PROMISES EARLY COMPLETION OF MANGU PROJECT

The Federal Government has announced plans to construct a new dam in Limpye, Ampang East District of Kanke Local Government Area of Plateau State to improve water supply, irrigation and electricity generation in the North-Central region.
NEPC DISMISSES STRIKE CLAIMS, SAYS STAFF UNION REAFFIRMS CONFIDENCE IN MANAGEMENT

The Nigerian Export Promotion Council (NEPC) has dismissed reports circulating on some online platforms alleging that its workers are planning to embark on an industrial action, describing the claims as false and misleading.
TCN DEFENDS N1.28BN SOLAR STREETLIGHT PROJECTS, SAYS THEY WERE NATIONAL ASSEMBLY INTERVENTIONS

The Transmission Company of Nigeria (TCN) has defended the execution of solar streetlight projects valued at N1.28 billion, stating that the projects were National Assembly Constituency Interventions and not initiatives outside its statutory mandate.
NAICOM COMPLETES INSURANCE RECAPITALISATION EXERCISE, 43 FIRMS MEET NEW CAPITAL REQUIREMENTS

The National Insurance Commission (NAICOM) has announced the successful completion of the 12-month insurance sector recapitalisation exercise introduced under the Nigerian Insurance Industry Reform Act (NIIRA) 2025.