Linkage Assurance boosts “Motor Third party Insurance Policy” with extra...
Dr Pius Apere, MD/ CEO Linkage Assurance Plc The underwriting firm, Linkage Assurance Plc, has enhanced the consumer benefits in the existing compulsory“Motor Third Party Insurance Policy”...
View ArticleForeign Reinsurers Control 65% of Nigeria’s reinsurance business- Africa Re*...
Mr. Cornellie Karekezi, Africa Re GMD Africa’s top Reinsurer, Africa Re has revealed that 65 percent of Nigeria’s reinsurance business are taken abroad. The reinsurance giant in a statement...
View ArticleCBN boosts forex supply by $240m* Adjusts $10,000 BDC sale to Tuesdays only
*Directs banks to pay cash to desiring customers OTC The Central Bank of Nigeria (CBN) on Monday released the sum of $90 million to meet requests for invisibles such as BTA/PTA, medical and...
View ArticleUBA Ghana posts excellent financial result FY2016; grows profit by 134%
Mrs. Abiola Bawuah, MD/CEO of UBA Ghana United Bank for Africa (UBA) Ghana Limited announced its audited 2016 financial results, showing a remarkable 134% growth in profit before tax of Ghc 210bn. The...
View ArticleNigeria ranks 161 in Global 2017 Index of Economic Freedom: Trade and...
The Heritage Foundation The latest rankings of trade freedom around the world, developed by The Heritage Foundation in the forthcoming 2017 Index of Economic Freedom, once again demonstrate that...
View ArticleNUPENG Drivers Arm Suspends Industrial Action
The Petroleum Tanker Drivers arm of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has suspended its ongoing strike. The NUPENG President, Igwe Achese, made the announcement after an...
View ArticleBusinessToday Unveils Nominees For 2016 Awards
The management of BusinessToday online, a business online news channel, has unveiled the nominees for 2016 Nigerian insurance and pension awards. A statement by the Publisher/Editor-in-Chief, NKECHI...
View ArticleEfekoha Committed To Repositioning Insurance Industry
Poised to move the insurance indistry in Nigeria foward and place it where it ought to be in the finacial sector, the doyen of the Nigeria insurance industry and Chairman, Nigerian Insurers...
View ArticleFMDQ positions to support the housing sector through the debt capital market
*as Mixta Real Estate lists N30bn Bond on the OTC Exchange Following the approval granted the Lagos State Government by the Board Listings, Markets and Technology Committee of FMDQ OTC Securities...
View ArticlePhoto News: Faces at NIA CEO retreat
L-R: Immediate past President of Nigeria Insurers Association ( NIA), Gus Wiggle, MD/CEO AXA Mansard Mrs Yetunde Ilori, President of NIA and MD/CEO Consolidated Hallmark Insurance Plc, Eddie Efekoha,...
View ArticleNIPCO Investments Limited Completes N90bn Acquisition of ExxonMobil’s Stake...
Following the approval of the Securities and Exchange Commission (SEC) and The Nigerian Stock Exchange (NSE), NIPCO Investments Limited (NIPCO), a wholly owned subsidiary of NIPCO Plc, in a trade...
View ArticleForex: Dealers Subscribe Fully to CBN $150m Wholesale Offer
The authorised foreign exchange dealers have fully subscribed to the $150 million offered by the Central Bank of Nigeria (CBN) at the forex auction in the interbank wholesale window on Tuesday,...
View ArticleHouse of Reps Calls for Liquidation of Arik
The House of Representatives yesterday in Abuja expressed serious concern over the quality of loans that were acquired by Asset Management Corporation of Nigeria (AMCON) from Eligible Financial...
View ArticlePhoto News: AXA Mansard Closing Bell at the Exchange
L – R Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Tosin Runsewe, Chief Client Officer, AXA Mansard Plc; Wilm Langenbach, Chief Executive Officer AXA EMEALATAM;...
View ArticleLabour berates NHIS boss over alleged Interferance in union affairs
Orgnaised Labour under the umbrella of Association of Senior Civil Servants of Nigeria (ASCSN) has berated the Executive Secretary of the National Health Insurance Scheme (NHIS), Professor Usman Yusuf,...
View ArticleBasketball Players to receive insurance cover— NBBF
The Nigeria Basketball Federation (NBBF) on Tuesday said that players in the 2017 men’s basketball league would have insurance cover and would be indemnified by the competition’s new sponsors. The NBBF...
View ArticleWAPIC Insurance Unveils Five New Investment-linked Products
L- R: Rantimi Ogunleye, Managing Director/Chief Executive Officer, Wapic Life Assurance Ltd; Olufemi Obaleke, Executive Director, Wapic Insurance Plc; Yinka Adekoya, Managing Director/Chief Executive...
View ArticleInsuring agriculture in Ghana is very risky – Mabel Porbley
MD, NSIA Insurance The Managing Director of NSIA Insurance, Mabel Nana Nyarkoa Porbley, has revealed that the hazy nature of the agriculture sector has made it unattractive for insurance entities to...
View ArticleNIC workers want director fired for mismanagement
Lydia Bawa Employees of the National Insurance Commission (NIC), are demanding the immediate removal of their boss, Lydia Bawa. A three paged petition to the President signed by the employees, who...
View ArticleUBA Group promotes 3,000 staff
Group Chairman, Tony Elumelu United Bank for Africa (UBA) Plc, Africa’s Global Bank operating in 19 African countries including Ghana, has announced the promotion of 3,000 of its staff. This is to...
View Article