THEWILL

The biggest hurdle facing insurance in Nigeria is not a lack of capital; it’s the pervasive issue of trust. Many Nigerians harbour the belief that insurers are quick to collect premiums but sluggish when it comes to settling claims.

The Central Bank of Nigeria’s (CBN) decision to cut the Monetary Policy Rate (MPR) from 26.5 per cent to 23 per cent is a significant development for an economy that has endured an exceptionally tight monetary environment

The Central Bank of Nigeria (CBN) has stressed the urgent need by the banking industry to invest continuously in cybersecurity and data protection.

Markets move, technology advances and customers develop new habits. Sometimes, despite all the planning and experience we bring to the first tee, we discover that the course is no longer playing the way we prepared for it.

The D-day was Independence Day, October I. The day arrived without any significant departure from the status quo. Now, between August 17 and October 1 is approximately one and a half months, probably too short a time to give the presidential directive any meaningful action.

The title of this series is borrowed from Jimmy Cannon, the late American sportswriter and newspaper columnist whose Nobody Asked Me, But… pieces turned unsolicited observations into a distinctive form of newspaper writing.

Under Section 36 of the Nigeria Tax Administration Act (NTAA), the rules surrounding tax audits and additional assessments have been laid bare. The truth is simple: the tax authority can revisit your old books far beyond the six-year mark, and if you cannot prove your numbers because you threw your records away, you will pay dearly for it.

Today, Nigeria’s foreign-policy direction is more difficult to define. The present administration has announced the 4D Foreign Policy Doctrine: Democracy, Development, Demography and Diaspora. These are admirable principles. But a doctrine cannot live by alliteration alone.

The National Commission for Refugees, Migrants and Internally Displaced Persons said it has returned no fewer than 50,000 refugees into the country in the past three years. For the immigrants the Commission has participated in resettling, a notable case is the 1,400 Nigerians who were repatriated from xenophobic South Africa.

A dancer who ignores a change in the beat may still move with great confidence but soon looks as though they and the drummer came to different celebrations.