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Monday, September 28, 2020

Prestige Assurance Target N6.8bn Rights Issue

Prestige Assurance is set to raise N6, 817,898,003 through the issuance of 13,635,796,006 shares at N.50 kobo per share. The firm disclosed...

Zenith General Insurance profit before tax rises by 16% to N3.67bn

Zenith General Insurance Limited has released its full-year financial statements for the year ended 31 December 2019. A review of...

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...

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NDIC Academy Recertified By CIBN As Training Provider For The Banking Industry

  The Nigeria Deposit Insurance Corporation (NDIC) Academy has been recertified and its accreditation renewed as a training service provider for various professionals in the...

How Low Patronage, Competitions Forces Julius Berger To Agro Processing Business

More facts emerged at the weekend over Julius Berger Nigeria Plc, board of directors’ decision to diversify into agro- processing business. Parts of the...

Fidelity Bank Restates Support For SMEs in Nigeria

Fidelity Bank, one of the top lenders in the country has pledged its continued support for the micro, small and medium enterprise (MSMEs) sector...