AROGUNDADE AGENCY — DAILY NEWS BULLETIN

🔴 NATIONAL SECURITY

25 schoolgirls abducted in Kebbi State after gunmen attacked a boarding school; one staff member killed.

ISWAP claims capture/execution of a Brigadier General in Borno, though the Nigerian Army denies the report.

Rising kidnappings across the North-West, with over 140 people missing in just a few days.

Nigeria condemns President Trump’s military threat, insisting there is no genocide and calling for diplomatic engagement.

Nigeria joins regional partners to intensify counter-terrorism operations in the Lake Chad Basin.

🟢 POLITICS & GOVERNANCE

Analysts urge state governments to take a stronger role in security, economic coordination, and community policing.

President Tinubu meets the Duke of Edinburgh, discussing education, job creation, youth skills, and national reforms.

💰 ECONOMY & MARKETS

Nigeria launches a $2.25bn Eurobond to support economic reforms and reduce fiscal pressure.

Government seeks approval for a $500m global Sukuk to expand Islamic financing options.

CBN cuts interest rate to 27%, the first rate cut in 5 years, aiming to stimulate growth.

Tinubu calls for efficient and trade-friendly African borders, highlighting customs modernization.

🏦 INSURANCE & TAKAFUL NEWS

NAICOM issues major recapitalization directive:

Life Insurers: ₦10bn

Non-Life: ₦15bn

Reinsurers: ₦35bn

Insurance Reform Act 2025 now in effect:

Mandatory policies upgraded

Penalties for delayed claims

Policyholders’ Guarantee Fund introduced

Boost for digital insurance channels

Insurance stocks surge over 200% on the NGX following reforms.

Industry posts ₦769.2bn gross premiums in Q1 — the highest ever for a first quarter.

NAICOM bans coinsurance with Takaful (effective Jan 2026) to strengthen Sharia-compliant underwriting.

🟦 INTERNATIONAL

Global financial markets monitor Nigeria’s return to international debt markets.

Regional partners support Nigeria’s push for peace and stability amid threats of foreign intervention.

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