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Nigeria Economy
AXA Mansard Investment: Financial Security Key to Long-Term National Prosperity
AXA Mansard Investment Limited has highlighted the critical role of financial security in helping individuals, families, and communities build resilience, calling for greater...
AXA Mansard Launches ‘Culture of Care’ Campaign to Drive Insurance Penetration in Nigeria
AXA Mansard Insurance Plc has launched a new strategic initiative aimed at deepening insurance penetration in Nigeria. According to the insurer, is positioning...
CBN Cuts Interest Rate to 23%, First Reduction Since July Hold
BY NKECHI NAECHE-ESEZOBOR—Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has announced a cut in its Monetary Policy Rate (MPR) from 26.5%...
NAICOM, NIA Call for Stronger Ties With NAIPE to Boost Insurance Growth
L-R: Dr. Julius Odidi, Head, Lagos Office, National Insurance Commission, Mrs. Ebere Nwoji, Chairperson, Nigerian Association of Insurance and Pension Editors (NAIPE); Mrs...
Again, CBN Retains Interest Rate at 26.5%
BY NKECHI NAECHE-ESEZOBOR—–Nigeria’s apex bank, the Central Bank of Nigeria retained the Monetary Policy Rate (MPR), the country’s benchmark interest rate, at 26.5...
Nigerian Stock Market to Rebound in H2 2026 Despite Economic, Political Risks – Expert
BY NKECHI NAECHE-ESEZOBOR—Nigeria’s stock market is expected to record a mild recovery in the second half of 2026, driven by stronger corporate earnings,...
CBN Revokes Licences of 46 Microfinance Banks
BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks with effect from July 1, 2026,...
Nigerian Insurance Industry Hits ₦2.3 Trillion Premium Milestone in 2025 – NIA
BY NKECHI NAECHE-ESEZOBOR—The Chairman of the Nigerian Insurers Association (NIA), Mr. Kunle Ahmed, has disclosed that Nigeria’s insurance industry recorded a historic Gross...
