Kindly leave a comment and share Chuks Udo Okonta The insurance industry had between year 2020 to 2022 loss N165.83 billion on motor insurance business, Inspenonline can report. The Director-General Nigerian Insurers Association (NIA) Mrs. Yetunde Ilori, disclosed this recently at an event in Lagos, adding that the industry loss […]
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Director General of GIABA to deliver Realnews 11th Anniversary Lecture
• Lecturer: Edwin W. Harris Jr., Director-General, GIABA • Topic: “Threats of Illicit Funds Flow to the African Economy” • Date: Tuesday, November 7, 2023 The Management of Realnews Magazine and Publications Limited, publishers of Realnews Magazine Online, has announced that Edwin W. Harris Jr, Director General of the ECOWAS […]
Nigeria’s insurance industry practitioners at a glance
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Insurance Industry consists of many arms which also parade many practitioners. The overview of the insurance industry * 56 Insurance Companies * 3 Reinsurance Companies * 460 Insurance Broking Companies * 51 Loss Adjusting Companies * 15,000 Insurance Agents […]
Soaring Dollar rattles insurers on ECOWAS Brown Card claims
Kindly leave a comment and share Chuks Udo Okonta The continued downward sliding of the Naira over the Dollar which has soared above N1000, is ripping off through huge claims, the gains made by insurance companies in the ECOWAS Brown Card business. Available data from the Nigerian Insurers Association (NIA) […]
Insurers eye N149.30bn premium from motor insurance in 2023
Kindly leave a comment and share Chuks Udo Okonta The insurance industry is expecting a gross premium of N148.30 billion from motor insurance this year, as against N56.76 billion recorded in 2022, Inspenonline can report. The Director-General Nigerian Insurers Association (NIA) Mrs. Yetunde Ilori, disclosed this in a paper entitled: […]
NCC, NAICOM, PenCom, SEC, NEM, Dangote, Stanbic IBTC, STI for Business Journal 15th Anniversary Lecture
The Business Journal 15th Anniversary Lecture/Awards scheduled for Friday, October 27, 2023 at Radisson Hotel, GRA, Ikeja, Lagos under the theme: ‘Nigeria: The Economic Outlook Today & Tomorrow.’ has continued to attract immense corporate support from key federal government agencies and operators in the Organised Private Sector (OPS). At the […]
Afreximbank, Morocco sign MoU for $1bn trade, investment programme
Kindly leave a comment and share Chuks Udo Okonta African Export-Import Bank (Afreximbank) has entered into a memorandum of understanding (MoU) with the Government of Morocco, represented by the Ministry of Economy and Finance, to develop a US$1billion Morocco-Africa Trade and Investment Promotion programme. According to the terms of the […]
Abbey Mortgage Bank positions for more success, retains BBB- rating
Kindly leave a comment and share Chuks Udo Okonta Nigeria’s leading Mortgage Institution Abbey Mortgage Bank has retained its BBB- rating, positioning itself for more business opportunities and profitability. According to Augusto & Co., a renowned credit rating agency, “the rating reflects Abbey Mortgage Bank’s good capitalization, satisfactory liquidity profile, […]
Transforming Shelter Afrique into Shelter Afrique Development Bank
*A Landmark Achievement in African Housing and Urban Development Kindly leave a comment and In a historic move that promises to reshape the landscape of African housing and urban development, Shelter Afrique Shareholders have approved revised Statutes to elevate the pan-African housing and urban development financier into a dynamic Development […]
Stanbic IBTC’s Blue Blossom sponsors 2023 Evercare’s Breast Cancer Awareness Walk
Kindly leave a comment and share As part of its commitment to promoting health and well-being within its community, Stanbic IBTC, a leading financial institution in Nigeria and a member of Standard Bank Group, through its Blue Blossom community has joined forces with Evercare, a prominent healthcare provider to support […]
