Senate Passes Bill to Rename NAICOM as Insurance Regulatory Commission

The Senate has passed a bill to repeal and re-enact the law establishing the National Insurance Commission (NAICOM), paving the way for the regulatory agency to be renamed the Insurance Regulatory Commission (IRC). The legislation, titled the Insurance Regulatory Commission (Establishment) Bill, 2026, was approved after the Senate considered and adopted the report of its […]

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FG cuts textbook assessment fees, orders refunds for publishers

The Nigerian Educational Research and Development Council has reduced the cost of textbook assessment and ranking. It also directed that publishers who paid the previous, higher assessment fees be refunded, in a move aimed at easing the financial burden on stakeholders ahead of the implementation of the Federal Government’s National Textbook Ranking System. The decision […]

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FG settles N333bn GenCos debts

The Federal Government has deployed about ₦501 billion to settle part of the long-standing legacy debts owed to electricity generation companies (GenCos). The government also paid the first bond coupon on schedule, fulfilling its commitments under the first tranche of the Power Sector Debt Financing Programme. The government disclosed that ₦333 billion has so far […]

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Troops Rescue 11 Kidnap Victims, Arrest 21 Terror Suspects, Collaborators

The Nigerian military has rescued 11 kidnapped victims and arrested 21 suspected terrorists, collaborators, logistics suppliers and drug peddlers during coordinated operations across Borno, Zamfara and Kogi states. The operations, conducted between July 21 and 22 under Operation HADIN KAI, Operation Fansan Yamma and Operation MESA, also led to the discovery and destruction of improvised […]

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TROOPS OF 4 BRIGADE BUST KIDNAPPERS’ HIDEOUTS, ARREST 12 SUSPECTS IN OWAN EAST AND ESAN SOUTH-EAST LGAs OF EDO STATE

Troops of 4 Brigade, under two Division Nigerian Army, in conjunction with the other security agencies and the Edo State Security Corps, arrested a total of 12 suspected kidnappers during clearance operations that started on May 12, 2026 in Owan East and Esan South-East Local Government Areas of Edo State. During the operation, code-named Operation […]

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