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Monday, January 18, 2021

Underwriters Gets NAICOM Permission To Operate Microinsurance Business

The National Insurance Commission (NAICOM) has granted conventional insurance companies permission to operate Microinsurance business from December 1, 2020. NAICOM in a circular dated...

Sunu Assurances Concludes Share Capital Reconstruction

Sunu Assurances Nigeria Plc has completed its massive share capital reconstruction, which reduced the company’s issued share capital from 14 billion ordinary shares of...

EndSARS Protest: Coronation Insurance Assures Clients of Quick Processing of Claims Payment

Coronation Insurance, formerly Wapic Insurance, has reassured victims of the #EndSARS protest, who bought insurance cover from the company, of speedy compensation through claims...

Why Sunu Assurances Wants To Reconstruct Shares

Sunu Assurances Nigeria Plc has submitted an application to the Nigerian Stock Exchange to carry out a share reconstruction exercise. The application followed the special...

NAICOM Opens Portal For Genuine Insurance Policies

The National Insurance Commission (NAICOM) has said it now has a real-time digital platform to drive the insurance regulations and eliminate fake insurance policies....

Why Some Senators Reject Aisha Umar Nomination As Pencom DG

  The hope of Aisha Umar, Acting Director General of National Pension Commission (PENCOM) of becoming the substantive director general has caused a division among...

President Buhari signs African Trade Insurance Agency Instrument

President Muhammadu Buhari has signed the instrument of accession of the agreement for the establishment of the African Trade Insurance Agency. The Agreement and the...

President Buhari Appoints Two Deputy Commissioners For NAICOM

President Muhammadu Buhari, has approved the appointment of Alhaji Sabiu Abubakar and Mr Oba Oluniyi as Deputy...

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...

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Prices Of Maize Set To Crash … As 300,000 MT Of Maize For...

About 300,000 metric tonnes of maize are soon to be released into the Nigerian market from strategic anchors under the Anchor Borrowers’ Programme (ABP)...

Ezinne Maria Ebi’s Burial Slated for January 29, 2021

The Matriarch of the Ebi family; Ezinne Maria Eriaba Ebi will on Friday January 29, 2021 be laid to rest at Urualla in Ideato...

Covid-19: First Bank Partners LSETF To Support SME’s In Lagos

First Bank Limited has partnered with the Lagos State Employment Trust Fund (LSETF). The scheme was launched by the Lagos State Governor, Mr. Babajide...