Author Archives: Supernews - Page 418
Insurers face challenge of defining their own view on nat cat risks: Aon’s Shedden
By Akankshita Mukhopadhya-- Aon Reinsurance Solutions’ Global Head of Analytics, Paul Shedden, stated that insurers are faced with the primary challenge of defining their own view on natural catastrophe risks…
Capital Market Well Positioned to Aid Realization of Budget 2023
SEC logo The Securities and Exchange Commission has expressed the firm belief that the Nigerian Capital Market, being an organized and specialized financial market that drives capital mobilization through domestic…
NDIC COMMENCES VERIFICATION OF INSURED DEPOSITORS OF DEFUNCT PEAK MERCHANT BANK
NDIC MD In line with its mandate of deposit guaranty and reimbursement of depositors in the event of bank failure, the Nigeria Deposit Insurance corporation (NDIC) has commenced verification of…
FirstBank In The Business Of Impacting SMEs
Adesola Adeduntan - First Bank CEO Over the years, Small and Medium Enterprises (SMEs) have been recognised as the bedrock of every nation’s economy. In this regard, First Bank Nigeria…
Wema Bank Reports ₦131.1 bn Gross Earnings, declares 30kobo dividend
Wema Bank logo By Ngozi Onyeakusi---Wema Bank Plc, Nigeria's most innovative bank, has delivered a stellar fourth quarter 2022 performance and continues its evolution into an unrivalled market leader and…
Inflation: PenCom Assures further diversification of investments in pension fund assets
DG PenCom By Ngozi Onyeakusi--- In a bid to ensure that average annual pension fund returns for Retirement Savings Account (RSA) and legacy funds exceed headline inflation, the National Pension…
ISB Provides More Investment Opportunities – SEC
SEC logo By Ngozi Onyeakusi---The Securities and Exchange Commission has said that the Investments and Securities Bill 2023, recently passed by the National Assembly is geared to improve the capital…
FRSC SETS OBJECTIVES FOR 2023 EID-EL FITRI: MOBILISES PERSONNEL, OPERATIONAL EQUIPMENTS TO CURB CRASHES
FRSC logo In it's quest to curb road crashes, and unnecessary traffic gridlocks on the highways, the Federal Road Safety Corps has mobilized adequate logistics and personnel for the 2023…
ETFs: Popoola Hints on Four Potential Listings, Investors Tackle Market Challenges
NGX logo The Chief Executive Officer, Nigerian Exchange Limited (NGX), Mr Temi Popoola has said that the market would see a renewal in Exchange Traded Fund listings as four…
Union Bank Posts Strong revenue growth in 2022
By Ngozi Onyeakusi--- Union Bank has announced the release of its audited financial statements for the year ended 31st December 2022, which reflects strong financial performance despite macroeconomic headwinds.…
