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Wednesday, July 15, 2020

NAICOM to issue new recapitalisation guidelines

The National Insurance Commission (NAICOM) says it will release a new recapitalisation guideline for insurance and reinsurance companies after the COVID-19 pandemic....

Wapic Insurance Plc offers health workers 15% premium rebates on new policy uptake.

Following it’s recent announcement giving premium refunds to customers with active motor vehicle policies during the lockdown period, Wapic Insurance, one of...

Wapic Insurance to refund motor vehicles Insurance premiums

Wapic Insurance Plc one of Nigeria’s leading underwriters has become the first Nigerian motor insurer to offer customers refunds...

FBN Holdings Holds Talks On Insurance Divestment

FBN Holdings Plc, the holding company for First Bank of Nigeria and its former subsidiaries, has announced ongoing discussions to fully divest...

Prudential Zenith Life protecting its customers during the Coronavirus pandemic

In the face of the coronavirus pandemic and the resulting lockdown, Prudential Zenith Life Insurance is rolling out a range of services...

Prudential Zenith Life Insurance Launches Mobile Payments For Protection With *5966# USSD Code

Prudential Zenith Life Insurance has launched a payment service which allows mobile phone customers in Nigeria to buy protection policies wherever they are.

NAICOM plans to retain 70% local content

Ahead of the December 31, 2020 deadline for insurance companies in the country to recapitalize their share capital, the National Insurance Commission says it...

PenCom to Enforce Group Life Insurance Law

The National Pension Commission (PenCom) has ordered all employers of labour covered by the Pension Reform Act 2014, to submit copies of the insurance...

PenCom orders PFAs to raise retirees’ pensions

The National Pension Commission has directed the Pension Fund Administrators to implement pension enhancement for retirees on programmed withdrawal under the Contributory Pension Scheme.

135 Firms Gets PenCom Clearance To Participate In FG Deals

The National Pension Commission (PenCom) has cleared 135 companies to bid and participate in federal government businesses. The firms have been issued with certificate...

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NSE Simplifies Investing in the Capital Market with Comic Book

The proliferation of dubious investment schemes that often result in loss of money by unsuspecting members of the public continues...

Asset Recovery: BUDGIT & CISLAC Call For Legislative Framework

BudgIT Foundation and The Civil Society Legislative Advocacy Centre (CISLAC), Transparency International in Nigeria; two leading non-governmental organizations in the advocacy...

CBN Bans Forex For Maize Importers

The Central Bank of Nigeria has directed foreign exchange dealers to stop processing ‘Forms M’ for the importation...