Archives for August 6, 2026
NDIC begins payouts to depositors of 46 failed MFBs
NDIC MD The Nigeria Deposit Insurance Corporation has commenced the payment of insured deposits to customers of 46 failed microfinance banks whose operating licences were revoked by the Central Bank…
Nigeria eyes $50bn from 22 offshore oil, gas projects
Nigeria is positioning itself for a fresh wave of upstream investment, with 22 major offshore oil and gas projects expected to attract between $30 billion and $50 billion in investments…
Heirs General, Heirs Life Meet NAICOM’s Capital Requirement
BY NGOZI ONYEAKUSI Heirs Insurance Group, Nigeria's fastest-growing insurance group, has met the National Insurance Commission's (NAICOM) recapitalisation requirements, with both Heirs General Insurance and Heirs Life Assurance included on…
