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Sovereign Trust Insurance Posts N5.3bn GPW … As PAT Soars By 43%
Soyika, MD, STI By Ngozi Onyeakusi--- Sovereign Trust Insurance Plc has posted a Gross premium written billion in the first quater of 2021 from billion recorded in the first quarter…
Demand for life reinsurance consistent despite pandemic: RGA COO Néemeh
Author: Luke Gallin ---- Despite the unprecedented impacts of the COVID-19 pandemic and elevated mortality in many parts of the world, demand for life reinsurance “continues pretty much as it has,”…
Insurers need to start using newer technologies: insurtech report
Author: Katie Baker --- According to a new insurtech report from Capgemini and Efma, policyholders have become more cautious when taking out insurance, resulting in the need for insurers to empower…
AIICO Emerges First Nigerian Insurer Accredited for Quality Assurance by UK Actuaries Body
Babatunde Fajemirokun, MD/CEO AIICO Insurance By Ngozi Onyeakusi--- AIICO Insurance Plc., a leading insurer, has emerged as the first in Nigeria to be awarded a Quality Assurance Scheme accreditation by…
Inflation reduces by 0.05% in April — NBS
The National Bureau of Statistics (NBS), says the inflation rate reduced by per cent in April compared to what obtained in March.’ It said while the inflation rate stood at…
FMDQ Exchange Admits Mixta Real Estate PLC’s ₦0.96bn Series 35 Commercial Paper
FMDQ Securities Exchange Limited (“FMDQ Securities Exchange” or “the Exchange”) continues to fulfill its mandate to further deepen and effectively position the Nigerian Debt Capital Market (DCM) for growth, in…
NAICOM Inaugurates Working Groups For IFRS 17
Commissioner for Insurance, Mr Sunday Thomas By Ngozi Onyeakusi--- The National Insurance Commission (NAICOM) today assured that inauguration of the Sub Working Groups (SWGs) of the Insurance Industry Financial Reporting…
Nigeria rolls out regulations for digital investment advisors
Amid upsurge in financial technologies (fintechs) start-ups and patronage of digital assets and digital investment platforms, Nigeria is concluding arrangements to roll out its first regulatory framework for digital investment…
N120b petrol subsidy to double as CBN adjusts exchange rate
As the Central Bank of Nigeria (CBN) signals a subtle harmonisation of exchange rates with the removal of N379/$1 official rate from its website, all is set for labour unions…
Unremitted N2tn: NNPC, NPA, others to face Senate panel this week –
The Senate Committee on Finance has sent out invitations to heads of 60 government-owned firms to start appearing before it from this week. They are to explain their failure to…