The Economic and Financial Crimes Commission (EFCC) has widened its probe into the controversial insurance industry recapitalisation exercise, with invitation letters now being issued to other operators beyond the initial petitioners. A letter dated 3rd September 2026 and addressed to the Managing Director of Linkage Assurance Plc, Mr Daniel Braie, at the company’s Abuja office, 29 Aswan Street, Wuse Zone 3, confirms the expansion. Titled “Investigation activities letter of invitation – Re: capitalisation exercise in the insurance sector,” the correspondence from the EFCC’s Capital Market and Insurance Fraud Section requires Braie to report for an interview on Thursday, 24th September 2026. The development comes amid growing pressure on Olusegun Ayo Omosehin, Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission (NAICOM), to step aside. Industry stakeholders and civil society organisations have intensified calls for his immediate suspension or...
By Thomas Agagu In the life of any institution, recognition means little when it is detached from results. But when an honour follows measurable achievements, it becomes a useful reminder that hard work is being noticed and that a new direction is beginning to make an impact. This is the context in which Bashir Bayo Ojulari's emergence as the 2026 Leadership Newspapers CEO of the Year (Public Sector) should be viewed. The recognition comes at a particularly important moment for the Nigerian National Petroleum Company Limited, as the national oil company records stronger financial performance, attracts fresh investment, advances critical oil and gas projects and pursues reforms aimed at making the organisation more efficient, transparent and commercially competitive. The figures behind the recognition make the story even more compelling. In the first six months of 2026, NNPCL recorded N19.04 trillion in revenue and N2.28 trillion in profit after tax. Between January and ...