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Finance & Markets

ECB Expected to Raise Interest Rates

The European Central Bank is set to raise borrowing costs for the second time since the start of the Iran war. The deposit rate will be lifted by a quarter-point to 2.5% on Thursday, according to all but one analyst in a Bloomberg poll. Bloomberg's Oliver Crook reports from Berlin. (Source: Bloomberg)

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NAICOM, NCAA partner to strengthen aviation insurance oversight

The National Insurance Commission (NAICOM) and the Nigeria Civil Aviation Authority (NCAA) have signed a Memorandum of Understanding (MoU) aimed at strengthening regulatory oversight and improving…

  • NAICOM and NCAA sign MoU to strengthen aviation insurance oversight.
  • Collaboration focuses on evaluating insurance policies of aviation operators.
  • Agreement aligns with Nigeria Civil Aviation Regulations (Nig. CARs) 2023.

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