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News

ATIDI, Kenya partner to advance renewable energy projects

Kindly leave a comment and share Chuks Udo Okonta The Government of Kenya and ATIDI, the African Trade Insurance Agency, have signed the Regional Liquidity Support Facility Memorandum of Understanding to collaborate in identifying, developing, and implementing renewable energy projects across Kenya. RLSF, a joint initiative of ATIDI, the KfW […]

News

ATIDI provides counter guarantee to InfraCredit for bond, debt finance in Nigeria

*ATIDI announces its support to InfraCredit through the issuance of a portfolio counter guarantee cover valued at NGN37 billion (USD 41million) *The partnership between ATIDI and InfraCredit underscores their shared dedication to advancing Nigeria’s infrastructure agenda and addressing financing challenges for sustainable growth and prosperity *Nigeria joined ATIDI in 2019. […]

Insurance

NAICOM, insurers chart way forward for IFRS 17 implementation

Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) in collaboration with the Nigerian Insurers Association (NIA) Accounting Technical Committee (ATC) are charting ways on how to ensure IFRS 17 is implemented effectively. At a one-day interactive session with key stakeholders on IFRS 17 implementation […]

Pension

Pension lump sum is not 25% of RSA balance

Kindly leave a comment and share Chuks Udo Okonta The public belief that Contributory Pension Scheme (CPS) lump sum paid to retirees is 25 per cent of their Retirement Savings Account (RSA) balance is not true. CPS lump sum is not determined by percentage, but achieved through a unique device […]

Pension

Premium Pension launches PRIMA to boost clients’ engagements

Kindly leave a comment and share Chuks Udo Okonta Premium Pension Limited, one of the Nigeria’s leading Pension Fund Administrators, has announced the deployment of the Premium Interactive Member Assistant (PRIMA) on WhatsApp, Telegram and various social media platforms to enhance interactions with customers. A statement by the firm’s Head, […]

Insurance

Insurers lose billion of naira to poor KYC on motor business

Kindly leave a comment and share Chuks Udo Okonta Insurance operators’ inability to effectively know their motor insurance customers is costing them huge premium loss, Inspenonline can report. According to experts, having complete data of motor insurance policyholders would enable insurers communicate directly and also sell other policies to them, […]