Nigeria’s Council for the Regulation of Freight Forwarding and the Convention on Business Integrity have formalized a partnership to eliminate unofficial fees and enhance operational transparency throughout the nation’s ports and cargo networks. The agreement, executed at Providence by Mantis Hotel in Ikeja, Lagos, will introduce proven anti-corruption mechanisms from the Maritime Anti-Corruption Network to…

Lagos State Physical Planning Commissioner Dr. Oluyinka Olumide has instructed officers at the Lagos State Physical Planning Permit Authority to maintain strong ethical standards as the agency experiences a surge in building permit applications during an ongoing amnesty program. Speaking at LASPPPA headquarters in Ikeja, Olumide noted that property owners with unapproved structures can regularize…

Nigeria’s marine and blue economy minister has designated Adenike Iyelolu as the nation’s registrar of ships following a recommendation from the maritime administration and safety agency director general. Iyelolu assumes a four-year term overseeing vessel documentation and regulatory compliance for the ship registry, replacing Tajudeen Giwa after he retires from the position. The appointee brings…

Nigeria’s pension regulator has committed to extending retirement coverage across informal employment sectors through a redesigned enrollment framework targeting artisans, traders, agricultural workers and freelance professionals. Director General Omolola Oloworaran acknowledged that between 70 million and 80 million citizens operate outside formal workforce structures, leaving most without access to structured retirement arrangements despite earlier micro…

Nigeria’s Pension Transitional Arrangement Directorate distributed 3.9 billion naira in overdue payments to more than 91,000 retirees enrolled in the defined benefit program as part of a 32,000 naira pension enhancement authorized by President Bola Tinubu. Executive Secretary Tolulope Odunaiya confirmed the federal administration remains committed to clearing accumulated obligations while strengthening retirement security initiatives…

SUNU Assurances Nigeria shareholders authorized management to pursue a capital increase of up to 9 billion naira during an extraordinary general meeting in Lagos, responding to regulatory requirements under the Nigerian Insurance Industry Reform Act that elevated minimum capital thresholds for non-life insurers from 3 billion to 15 billion naira. Board Chairman Kyari Abba Bukar…

Nigeria’s pension regulator has launched an extended satisfaction assessment targeting participants and beneficiaries enrolled in the contributory retirement program through mid-December. The National Pension Commission is gathering feedback from holders of retirement savings accounts to evaluate service quality, institutional recognition, and financial literacy levels across the system. The commission directed stakeholders toward survey links posted…

Leadway Assurance has named Adebisi Lamikanra as board chairperson following the retirement of General Martin Luther Agwai, who completed nearly nine years leading the Nigerian insurance company. Lamikanra becomes the first woman to hold the position at the organization, bringing nearly 40 years of financial and advisory expertise after serving as the inaugural female partner…

Sovereign Trust Insurance has urged Nigerian citizens to maintain heightened safety awareness during the final quarter of the calendar year, despite holding insurance coverage. Managing Director Olaotan Soyinka emphasized that policy ownership should not encourage reckless behavior, noting that protection products serve as financial relief mechanisms for unavoidable incidents rather than justification for negligence. The…

Linkage Assurance has released a mobile application for Nigerian consumers seeking streamlined access to motor insurance products through iOS and Android devices. Managing Director Daniel Braie characterized the platform launch as a significant advancement in the company’s technology integration strategy, enabling users to purchase certificates, renew coverage and receive immediate customer assistance through secure payment…