Tribune Newspaper Headlines Today Monday 3rd February 2025
Tribune Newspaper Headlines Today and news Dailies Update on current affairs happening now in Nigeria today 03/02/25
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target=_blank>Annuity portfolio: NAICOM gives incapable insurers 180-day ultimatum to transfer policy to suitable companies
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Annuity portfolio: NAICOM gives incapable insurers 180-day ultimatum to transfer policy to suitable companies
THE National Insurance Commission (NAICOM) has directed life insurance companies that are unable to cover the additional expenses imposed by its recent circular to transfer their annuity portfolio to another suitable insurance company within 180 days. The effective date for the commencement of implementation of the circular on ‘Additional Regulatory Requirements for Annuity Business in
Annuity portfolio: NAICOM gives incapable insurers 180-day ultimatum to transfer policy to suitable companies
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target=_blank>Zenith, Wema Bank lead last week recapitalisation drive as banking sector sees strong growth
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Zenith, Wema Bank lead last week recapitalisation drive as banking sector sees strong growth
THE Nigerian banking sector witnessed significant developments last week, with Zenith Bank and Wema Bank making notable strides in their recapitalization efforts. As banks adapt to evolving regulatory requirements, both financial institutions have taken strategic steps to bolster their capital bases, ensuring long-term stability and competitiveness. Zenith Bank Plc announced that it had received full
Zenith, Wema Bank lead last week recapitalisation drive as banking sector sees strong growth
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target=_blank>Nigeria’s e-transactions surpass N1.07qrn in 2024
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Nigeria’s e-transactions surpass N1.07qrn in 2024
NIGERIA’S electronic payment transactions soared to N1.07 quadrillion in 2024, marking an all-time high and the first time the country’s e-payment system crossed the quadrillion threshold. This milestone, reported by the Nigeria Inter-Bank Settlement System (NIBSS), underscores the rapid digital transformation in the country’s financial sector. According to data released by NIBSS, transactions processed through
Nigeria’s e-transactions surpass N1.07qrn in 2024
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target=_blank>Trump to cut off funding to South Africa for ‘confiscating land’
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Trump to cut off funding to South Africa for ‘confiscating land’
US President, Donald Trump has said he will cut off future funding to South Africa for “confiscating” land and “treating certain classes of people very badly” pending an investigation. The land issue in South Africa has long been divisive, with efforts to redress the inequality of white-rule drawing criticism from conservatives including the world’s wealthiest
Trump to cut off funding to South Africa for ‘confiscating land’
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target=_blank>Shipping companies, port operators lose billions as importers forfeit 151 containers
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Shipping companies, port operators lose billions as importers forfeit 151 containers
CHECKS by the Nigerian Tribune have revealed that shipping companies and port terminal operators operating at Nigerian ports have incurred losses running into billions of Naira following the forfeiture of 151 import-laden containers by importers to the Federal government. In a public notice issued by the Nigeria Customs Service (NCS), 151 overtime containers and vehicles
Shipping companies, port operators lose billions as importers forfeit 151 containers
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target=_blank>67th Grammys: Tems wins Best African Music Performance category
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67th Grammys: Tems wins Best African Music Performance category
Nigerian music sensation Tems has made history once again, clinching her second Grammy award at the 67th Annual Grammy Awards. The globally acclaimed singer-songwriter won the Best African Music Performance category for her song Love Me JeJe, marking a significant milestone as her first solo Grammy win. The 2025 Grammy Awards saw a strong Nigerian
67th Grammys: Tems wins Best African Music Performance category
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target=_blank>Crisis: PDP’ll come out stronger —Zamfara gov
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Crisis: PDP’ll come out stronger —Zamfara gov
The Zamfara State governor, Dauda Lawal has expressed optimism that the Peoples Democratic Party (PDP) would overcome its lingering leadership crisis in no distant time. Lawal gave the assurance during a condolence visit to Governor Seyi Makinde of Oyo State on the demise of his elder brother, Engineer Sunday Makinde at his Agodi GRA residence
Crisis: PDP’ll come out stronger —Zamfara gov
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target=_blank>Revolutionising E-Commerce in Africa
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Revolutionising E-Commerce in Africa
AFRICA’S e-commerce sector is on the rise, with revenue projected to reach $75 billion by 2025. Yet, for many local sellers, the opportunity to participate in this digital revolution remains elusive. Limited infrastructure, high logistics costs, and barriers to international transactions prevent small businesses from accessing global markets. Reimagining e-commerce in Africa requires innovative, localised
Revolutionising E-Commerce in Africa
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target=_blank>FBN: why banks cannot comply with order lifting restrictions on GHL’s accounts
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FBN: why banks cannot comply with order lifting restrictions on GHL’s accounts
The enforcement of the Mareva Injunction against General Hydrocarbons Limited (GHL) has encountered a significant setback as First Bank of Nigeria has declared that the necessary conditions for compliance with the court’s decision are yet to be fulfilled. This revelation has stalled the expected implementation of the injunction, as banks can only proceed once all
FBN: why banks cannot comply with order lifting restrictions on GHL’s accounts
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target=_blank>7 safest places in Nigeria
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7 safest places in Nigeria
Nigeria is a vibrant and diverse country. While some regions face security challenges, others are known for their safety and tranquillity. According to data from the NBS‘s “Crime Statistics: Reported Offences by Type and State,” this article highlights the safest places in Nigeria for residents and visitors alike. 1. Abuja As Nigeria’s capital, Abuja is well-planned
7 safest places in Nigeria
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