Author Archives: Supernews
NDIC begins payouts to depositors of 46 failed MFBs
NDIC MD The Nigeria Deposit Insurance Corporation has commenced the payment of insured deposits to customers of 46 failed microfinance banks whose operating licences were revoked by the Central Bank…
Nigeria eyes $50bn from 22 offshore oil, gas projects
Nigeria is positioning itself for a fresh wave of upstream investment, with 22 major offshore oil and gas projects expected to attract between $30 billion and $50 billion in investments…
Heirs General, Heirs Life Meet NAICOM’s Capital Requirement
BY NGOZI ONYEAKUSI Heirs Insurance Group, Nigeria's fastest-growing insurance group, has met the National Insurance Commission's (NAICOM) recapitalisation requirements, with both Heirs General Insurance and Heirs Life Assurance included on…
Industry Leaders Honour Late Rotimi Edu at Service of Songs, Night of Tributes
BY NGOZI ONYEAKUSI Mrs Olayemi Edu, wife of the late Oluwarotimi Edu flanked by family members at the service of songs The Nigerian insurance industry gathered in solemn reflection for…
AIICO Retains Composite Licence Without Capital Raise, Posts Solid Q2 Performance
BY NGOZI ONYEAKUSI . Olusegun Omosehin, Commission for Insurance/CEO of the National Insurance Commission (NAICOM) (right), presenting the new operational licence to Mr. Babatunde Fajemirokun, the MD/CEO of AIICO Insurance…
Lagos, First Bank, Zenith Bank Others Back QEDNG Creative Powerhouse Summit 2.0
BY NGOZI ONYEAKUSI The Lagos State Government, FirstBank and Zenith Bank are among the public and private sector institutions supporting the second edition of the QEDNG Creative Powerhouse Summit. Also supporting…
NIIRA 2025: Unitrust Insurance Meets Capital Requirement, Receives New Licence
BY NGOZI ONYEAKUSI MD/CEO Unitrust Insurance Unitrust Insurance Company Limited has announced hat it has successfully met the NIIRA 2025; recapitalization requirement, and had received her New license from the…
NAICOM Issues New Licence Certificate To Recapitalised Companies, Marking New Era For Insurance Industry
BY NGOZI ONYEAKUSI History was made Tuesday as the National Insurance Commission (NAICOM), at its headquarters in Abuja, presented new Licence Certificates to insurance companies that successfully met the Commission's…
CORA, NLNG Celebrate 11 Poets on 2026 Longlist
BY NGOZI ONYEAKUSI NLNG in partnership with The Committee for Relevant Art (CORA) hosted the first eleven poets longlisted for the 2026 edition of The Nigeria Prize for…
Consolidated Hallmark Reaffirms Financial Strength Following NAICOM Recapitalisation
BY NGOZI ONYEAKUSI * Mrs Mary Adeyanju, MD/CEO Consolidated Hallmark Insurance Limited Consolidated Hallmark Insurance Limited, a subsidiary of Consolidated Hallmark Holdings Plc has reaffirmed its position as one…
