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Regulatory compliance

5 Articles
Money

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,...

Insurance World

Enterprise Life Exceeds Recapitalisation Requirement, Rules Out Merger Plans

Enterprise Life Assurance (Nigeria) Limited has announced that it has fully met the recapitalisation requirements set by regulators and will not pursue any...

Insurance World

NAICOM Backs Digital Innovation, Issues Partnering Insurtech Licence to NETAPPS

BY NKECHI NAECHE/ESEZOBOR-The National Insurance Commission (NAICOM) has granted a Partnering Insurtech licence to NETAPPS, reaffirming its commitment to leveraging digital innovation to...

Technology

NCC to Deploy External Auditors to Verify Operator Compliance on Customer Compensation

BY OR REPORTER —In a move aimed at tightening regulatory oversight and improving service delivery standards, the Executive Vice Chairman of the Nigerian...

Money

FCCPC Warns Against Violation of Merger and Acquisition Process

BY NKECHI NAECHE-ESEZOBOR—Ahead of the ongoing recapitalisation in the financial sector, the Federal Competition and Consumer Protection Commission (FCCPC) has warned firms, legal...