News
FG bans cash tax collection, roadblocks under new regulations
5+ hour ago (865+ words) The Federal Government on Tuesday formally prohibited cash collection of taxes and banned the mounting of roadblocks for revenue enforcement, as part of fresh regulations to implement Nigeria's new tax laws nationwide. The disclosure was made in Abuja by the…...
Cashless policy: FAAN announces four payment options at airports
12+ hour, 15+ min ago (280+ words) The Federal Airports Authority of Nigeria has rolled out four digital payment options for access gates at airports nationwide as part of its ongoing "Operation Go Cashless" initiative. According to FAAN, the move, aimed at eliminating cash transactions and enhancing…...
Reps unveil health insurance scheme for accredited journalists
1+ week, 5+ day ago (795+ words) The Spokesman for the House of Representatives, Mr Akintunde Rotimi The House of Representatives has enrolled accredited journalists covering its proceedings into the Federal Capital Territory Health Insurance Scheme, following the sponsorship of a one-year premium by the Chairman, House…...
Banks shut 229 branches as POS transactions surge in Nigeria
1+ mon, 4+ week ago (1134+ words) FILE: CBN Gov, Yemi Cardoso. Nigeria's banking industry shut 229 physical branches in one year as customers increasingly turned to Point of Sale terminals for their daily transactions. This is according to the Central Bank of Nigeria's 2024 financial sector statistical bulletin....
Health insurance: Over 90% of Nigerians still uninsured, says HCPAN
6+ mon, 4+ week ago (461+ words) Over 90 per cent of Nigerians are still not covered by any form of health insurance, the Health Care Providers Association of Nigeria has said. The association warned that with the figure of uninsured Nigerians, the country is far from achieving…...
Conference explores insurance, pension impact on economic devt
7+ mon, 4+ hour ago (288+ words) FILE PICTURE: Commissioner for Insurance, NAICOM, Sunday Thomas The 10th edition of the conference of the Nigerian Association of Insurance and Pension Editors is set to focus on how strengthening the insurance and pension industries can boost the economy. In a…...
Lagos to enforce mandatory health insurance for residents
8+ mon, 5+ hour ago (531+ words) Health Insurance. Source - Google. The Lagos State Government has vowed to begin the enforcement of compulsory health insurance policy for residents. A Thursday statement noted that the Permanent Secretary, Lagos State Health Management Agency, Dr Emmanuel Zamba, said the enforcement…...
‘Less than 2m Nigerians buy insurance policies annually’
9+ mon, 3+ week ago (355+ words) Stakeholders have disclosed that fewer than two million Nigerians buy insurance policies annually, underscoring the widespread lack of coverage and low awareness within the insurance sector. They made this known at the recently concluded Investment Summit 1.0, themed "Investments in Insurance:…...
Life, motor insurance lead with N22bn unresolved complaints
11+ mon, 2+ week ago (483+ words) Life, group life, and motor insurance policyholders topped the list in the latest compilation of complaints against insurance companies published by the National Insurance Commission. According to The PUNCH analysis of the complaints, the three classes of policyholders have disputed…...