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The ongoing recapitalisation programme triggered by the Nigerian Insurance Industry Reform Act has begun to reshape the structure of the sector in ways that were perhaps inevitable but also deeply revealing. While some operators insist they have met the new capital thresholds, a growing number are quietly restructuring their businesses (selling portfolios, shedding licences and

The opposition parties in Nigeria are lamenting. Being Africans, they see so much correlation with their challenges in the adage, “if an evil bird cries in the night and a child dies in the morning, the cause of the death is not far-fetched.” It would seem that a brood of descendants of Balaam has invaded

The Mayor of Housing is a very busy man, hard to track down, as he is meeting with the busiest men and women and on call with industry leaders in most state capitals and countries. On this Easter Sunday, however, My-ACE China, the Mayor of Housing, was traced to Plot 11 Miracle Estate, Girl School

…Deep study reveals how to take RSU to top 10 Nigerian universities …Focus to be on research, innovation, and entrepreneurship The Rivers State University (RSU), Nkpolu-Oroworukwo, Port Harcourt, formerly the University of Science and Technology (UST), has unveiled a new vision that may require N110bn in the next five years. The vision is aimed at

A section of the Kugbo Bus Terminal in Abuja, commissioned nine months ago by the Minister of the Federal Capital Territory (FCT), Nyesom Wike, has been damaged following a heavy rainstorm, raising fresh concerns about infrastructure resilience and project delivery standards in the capital. The terminal, situated along the Nyanya–Keffi Expressway on the Mararaba–Nyanya corridor,

Tension heightened in Jos on Tuesday as angry women in the Angwan Rukuba community of Jos North Local Government Area staged a protest to stop the planned mass burial of victims of the Palm Sunday attack. The women, carrying leaves and chanting songs, were joined by some youths as they blocked the entrance to the

FTSE Russell has officially updated Nigeria’s status in its latest Equity Country Classification Interim Review, released Tuesday, April 7, 2026. Following a period of observation on the “Watch List” since September 2025, the index provider has confirmed Nigeria’s move back to Frontier Market status from its previous “Unclassified” (Standalone) position. This reclassification is a major

…as equity gains boost returns Nigeria’s pension assets climbed to N29.43 trillion in February, delivering a N1.39 trillion month-on-month surge, the strongest expansion in the more than two decades since the Contributory Pension Scheme was introduced. The jump eclipses the previous high set in January 2024, when assets rose by N1.18 trillion, underscoring a new

Nigeria’s public finances are facing renewed scrutiny after the World Bank warned that a growing share of federation revenues is being absorbed by deductions before funds reach federal, state and local governments, raising fresh concerns about fiscal sustainability despite stronger inflows. More than 39 percent of revenues generated in 2025 were consumed by statutory and