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Insurance World

AIICO Recognises Outstanding Agencies, Long-Service Milestones in Abeokuta

NKECHI NAECHE-ESEZOBOR—AIICO Insurance Plc brought together its top-performing financial advisors in Abeokuta, Ogun State, for its 2026 Annual Agency Retreat, celebrating outstanding sales...

Money

Nigeria’s Central Bank Lowers Rate, Foreign Reserves Surge to $50bn

BY NKECHI NAECHE-ESEZOBOR—Nigeria’s Central Bank of Nigeria has reduced its key interest rate to 26.5 percent, citing easing inflation and stronger banking sector...

Fraud

High Court Clears Ozekhome of London Property Forgery Allegations

The High Court of the Federal Capital Territory has struck out the forgery charge brought against Prof. Mike Ozekhome, SAN, in connection with...

News

FG Denies Paying Ransom for St. Mary’s Schoolchildren Abduction

The Federal Government of Nigeria  on Tuesday   dismissed as false and baseless claims that it paid a ransom to secure the release...

Money

MPC Reduces MPR by 50bps to 26.50%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at today’s policy meeting, voted to: Reduce the MPR by 50bps...

Crime

IGP Kayode Egbetokun Resigns; AIG Tunji Disu Appointed Acting Police Chief

BY SUNDAY SAMUEL—The Inspector-General of Police, Kayode Egbetokun, has resigned his position, citing pressing family considerations. President Ahmed Tinubu has accepted the resignation...

News

FG Denies Religious Persecution, Responds to U.S. Congressional Report

The Federal Government of Nigeria on Wednesday responded to a joint report on Christian persecution in the country submitted to the White House...

Fraud

EFCC Charges Former Railway Corporation MD with Money Laundering

BY SUNDAY SAMUEL—The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC). Ikoyi, Lagos, on Wednesday, arraigned a former Managing...

Fraud

Woman Bags 7-Year Jail Term Over ₦5.6m Baking Powder Scam

BY SUNDAY SAMUEL—Justice Maryam Sabo of the Kano State High Court has sentenced Ebonine Rita Uzoamaka to seven years’ imprisonment for defrauding a...