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Youth Inclusion Drives Nigerias Insurance Sector Transformation Youth Inclusion Drives Nigeria’s Insurance Sector Transformation

Youth Inclusion Drives Nigeria’s Insurance Sector Transformation

Md Sakib Hossain | Sub-Editor | GLive24.comApril 4, 2026
The National Insurance Commission (NAICOM) has intensified its call for greater youth participation in Nigeria’s insurance and pension sectors, positioning young people as pivotal to the industries’ long-term sustainability and relevance. The appeal was delivered by the Commissioner for Insurance and Chief Executive Officer, Olusegun Omosehin, at the 10th Business Today Annual Conference in Lagos. […]
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America’s Fire Lab Transforms Housing Safety

America’s Fire Lab Transforms Housing Safety

Shourav Biswas | Sub-Editor | GLive24.comApril 4, 2026
A pioneering disaster simulation laboratory in the United States is reshaping how homes are designed, constructed, and insured, as climate-driven hazards exert unprecedented pressure on the housing sector—particularly in wildfire-prone regions such as California. At the forefront of this effort is the Insurance Institute for Business & Home Safety (IBHS), which operates a full-scale, state-of-the-art […]
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NRBC Bank Celebrates Fourteenth Year Anniversary

NRBC Bank Celebrates Fourteenth Year Anniversary

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comApril 4, 2026
NRBC Bank has proudly entered its 14th year of operations, surpassing thirteen years since its inception. To mark this milestone, the bank organised a formal ceremony emphasising its ongoing dedication to transparency, accountability, and strong governance. The event also highlighted NRBC Bank’s commitment to financial inclusion, aiming to bring banking services within reach of low-income […]
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Bengali QR Code Mandatory for All Transactions From July

Bengali QR Code Mandatory for All Transactions From July

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comApril 4, 2026
Starting July 2026, all digital transactions at merchant points across Bangladesh must exclusively use the Bengali QR code, according to a new directive from Bangladesh Bank. Transactions via any other QR code or digital payment system will no longer be permitted. The central bank has mandated that all banks, mobile financial service (MFS) operators, and […]
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Bangladesh Current Account Nearly Doubles FY25

Bangladesh Current Account Nearly Doubles FY25

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comApril 4, 2026
Bangladesh’s current account balance surged sharply in the 2024-25 fiscal year, reflecting strong remittance inflows and sustained export growth. Yet, a persistent trade deficit continued to weigh on the country’s external position. Official data from the Bangladesh Bank showed that the current account balance rose by nearly 98 per cent year-on-year, reaching Tk 15.1 billion. […]
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Insurance Exposure to Private Credit Insurance Exposure to Private Credit

Insurance Exposure to Private Credit

Shourav Biswas | Sub-Editor | GLive24.comApril 3, 2026
Concerns are mounting among investors and economists over the deepening entanglement between the life insurance sector and the private credit market, with warnings that risks embedded in complex debt instruments could ultimately be transmitted to ordinary policyholders. According to market analysts, life insurers are increasingly channeling funds from long-term savings products—particularly annuities designed to provide […]
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Meghna Bank Recruitment Drive Opens Meghna Bank Recruitment Drive Opens

Meghna Bank Recruitment Drive Opens

Shourav Biswas | Sub-Editor | GLive24.comApril 3, 2026
Meghna Bank PLC has initiated a nationwide recruitment exercise to strengthen its workforce across several key regions of Bangladesh. The private commercial bank is inviting applications for the position of Recovery Officer, targeting skilled and experienced professionals capable of supporting its loan recovery and risk management operations. According to the official recruitment notice, the application […]
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Banks Revise Hours Amid Energy Crisis Banks Revise Hours Amid Energy Crisis

Banks Revise Hours Amid Energy Crisis

Shourav Biswas | Sub-Editor | GLive24.comApril 3, 2026
In response to escalating geopolitical tensions in the Middle East and the resulting global energy crunch, the government has introduced revised working hours across public and private institutions, including the banking sector, as part of broader austerity measures aimed at reducing national energy consumption. The decision was finalised at a Cabinet meeting held on Thursday, […]
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Bangladesh Strengthens Bank Risk Supervision System Bangladesh Strengthens Bank Risk Supervision System

Bangladesh Strengthens Bank Risk Supervision System

Md Sakib Hossain | Sub-Editor | GLive24.comApril 2, 2026
Bangladesh Bank has further tightened its regulatory oversight of the country’s banking sector in a move aimed at identifying financial vulnerabilities—particularly non-performing loans (NPLs)—at an earlier stage and reinforcing overall financial stability. The central bank has instructed all scheduled commercial banks to submit interim audit reports within a fixed timeframe as part of its expanded […]
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Bangladesh Reserves Hit 34.43 Billion Amid Remittance Surge Bangladesh Reserves Hit $34.43 Billion Amid Remittance Surge

Bangladesh Reserves Hit $34.43 Billion Amid Remittance Surge

Md Sakib Hossain | Sub-Editor | GLive24.comApril 2, 2026
Bangladesh’s foreign exchange reserves have climbed to 34.43 billion US dollars, according to the latest figures released by Bangladesh Bank, reflecting a gradual strengthening of the country’s external sector position driven by record-breaking remittance inflows and a broadly stable macroeconomic environment. The data was confirmed on Thursday (2 April) by Arif Hossain Khan, Executive Director […]
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