The Institute of Islamic Finance Professionals (IIFP), Nigeria, has expressed deep concern over the circular issued by the National Insurance Commission (NAICOM) prohibiting coinsurance arrangements between Takaful Operators and Conventional Insurance Companies. In a statement by its President, Prof Tajudeen Yusuf, and Acting Registrar, Monsur Musa, the IIFP said the policy undermines financial inclusion and […]

Enugu State Governor, Peter Mbah, has inaugurated a 29-member committee to implement the Enugu State Climate Policy and Action Plan (ESCPAP), marking another major stride in his administration’s climate leadership agenda. Speaking during the inauguration ceremony on Friday at the Government House, Governor Mbah, represented by the Secretary to the State Government (SSG), Prof. Chidiebere

President Bola Ahmed Tinubu has congratulated former Vice President Namadi Sambo on his turbaning as the Sardaunan Zazzau by the Emir of Zazzau, His Royal Highness, Alhaji Ahmed Nuhu Bamalli. The investiture, which took place on Saturday, October 11, marks the conferment of one of the most prestigious traditional titles in Northern Nigeria, symbolizing trust,

The Muslim Rights Concern (MURIC) has appealed to the National Insurance Commission (NAICOM) to withdraw its recent circular prohibiting conventional insurance companies from co-insuring businesses with Islamic insurance firms. In a statement signed by its Founder and Executive Director, Prof. Ishaq Akintola, the faith-based human rights advocacy group described the directive as discriminatory and divisive,

…says it was voluntarily made by defendant A Federal High Court in Abuja has admitted in evidence the confessional statement made by former Minister of Power, Saleh Mamman, while being investigated over the N33.8billion money laundering case brought against him by the Economic and Financial Crimes Commission (EFCC). Justice James Omotosho, in a ruling on