Francis Abel 
Compare Car Insurance: Your Guide to Finding the Best Coverage As a car owner, having the right car insurance policy is crucial to protect yourself, your vehicle, and others on the road. With so many insurance companies and coverage options available, it can be overwhelming to determine which policy is the best fit for your … Read more
The Central Bank of Nigeria, CBN, has released a comprehensive list of licensed Deposit Money Banks operating within the country. The list, which was made public on the CBN’s official website on Tuesday, provides insights into the banking landscape in Nigeria. Banks with international authorisation include Access Bank Limited, Fidelity Bank Plc, First City Monument … Read more
Navigating Grievances: A Comprehensive Guide on How to File a Complaint About Your Insurance Company Introduction: Insurance serves as a safety net, providing financial protection and peace of mind during unexpected circumstances. However, there may be instances when policyholders find themselves dissatisfied with their insurance company’s services, whether it be claim denials, delays, or disputes. … Read more
The Central Bank of Nigeria, CBN, has asked banks to suspend cash deposit charges until September 30, 2024. The central bank announced this in a circular dated May 6, 2024, signed by Adetona Adedeji, Director of Banking Supervision. Customers of various Deposit Money Banks expressed concern that the banks had begun collecting processing fees for … Read more
The Corporate Affairs Commission (CAC) has set a two-month deadline for Point of Sale (PoS) operators nationwide to register their agents and merchants. According to the new order, PoS operators in the country must register by July 7, 2024, or risk penalty. The Registrar-General/CEO, CAC, Hussaini Magaji, SAN, met with some fintech companies, also known … Read more
The Central Bank of Nigeria, CBN, mandated all banks on Monday to begin imposing a 0.5% cybersecurity levy on all electronic transactions in the country. The apex bank stated this in a circular signed by the Director, Payments System Management Department, Chibuzo Efobi; and the Director, Financial Policy and Regulation Department, Haruna Mustafa; a copy … Read more
The foreign currency (FX) market began on Monday, with the naira exchanging for $1,430 on the parallel market, also known as the black market. This is a 5.49 percent depreciation against the dollar, compared to the black market closing price of N1,350 per dollar on Friday. Traders attributed the naira weakness to increased demand for … Read more
The Central Bank of Nigeria (CBN) has asked all financial institutions in the country to begin deduction of the cybersecurity levy on all electronic transactions on May 20, 2024, six years after it initially issued the instruction. The deductions were to be directed to the National Security Fund, which is managed by the Office of … Read more
Mastering the Art of Acquiring Quality Insurance Leads: A Comprehensive Guide Introduction: In the dynamic and competitive world of insurance, success hinges on acquiring a steady stream of high-quality leads. Purchasing insurance leads has become a common practice for agents and agencies looking to expand their client base and boost sales. However, the key lies … Read more
The federal government, FG, has announced that it will remove the naira from all peer-to-peer (P2P) exchanges. The Securities and Exchange Commission’s Director General, Emomotimi Agama, made this announcement during a virtual conference with blockchain stakeholders on Monday. This resolution aims to combat the manipulation of the local currency’s value in the foreign exchange market. … Read more