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RACC applauds members roles in RBS implementation
*Unveils newsletter Chuks Udo Okonta The Risk, Audit and Compliance Committee (RACC) of Nigerian Insurers Association (NIA) has applauded the roles played by Compliance, Enterprise Risk Management (ERM) Audit executives in the implementation of Risk-Based Supervision (RBS) by insurance companies. The Chairman of RACC Yemi Mayadenu, said this at the […]
Pensioners Council: Retirement dey sweet wen you run your own business
Almond unveils Ebelechukwu Nwanchukwu, Austin Ebose, others as nominees for 2024 Insurance Industry Award
Kindly leave a comment and share Chuks Udo Okonta Almond Productions Limited, the organisers of 2024 Almond Insurance Industry Awards, has unveiled nominees for the Awards slated for Friday, November 1 2024 in Victoria Island, Lagos, where winners will be announced from 10 categories. For the Insurance CEO of The […]
Africa Finance Corporation diversifies shareholders with new equity from Democratic Republic of Congo’s
Kindly leave a comment and share Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, today announced that it has received a new equity investment from Rawbank, one of the Democratic Republic of Congo’s (DRC) leading banking and financial institutions. This equity injection is aligned with AFC’s strategy […]
African Development Bank approves $40m Trade Finance Transaction Guarantee Facility to Ethiopia’s Dashen Bank
Kindly leave a comment and share The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $40 million transaction guarantee facility to support Dashen Bank’s trade finance activities in Ethiopia. The Facility will provide support to Small and Medium Sized Enterprises (SMEs) and local corporates’ import […]
AM Best upgrades credit ratings of Lloyd’s
Kindly leave a comment and share Chuks Udo Okonta AM Best has upgraded the Financial Strength Rating (FSR) to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “aa-” (Superior) from “a+” (Excellent) of Lloyd’s (United Kingdom). The ratings reflect Lloyd’s balance sheet strength, which […]
Guild of Marine Surveyors holds 3rd Ogadina annual memorial lecture on August 29
Kindly leave a comment and share Chuks Udo Okonta The Guild of Marine Surveyors has said it would hold the 3rd Monday Ogadina annual memorial lecture on Thursday, August 29, 2024 in Lagos. According to President of the Guild Wale Adetoro, the event would hold at NERDC Conference Centre/Guest House, […]
Ekpo underscores benefits of gas development
*Hails NCDMB’s strides in local content development Kindly leave a comment and share Chuks Udo Okonta Amidst the clamour for good governance and reduction in the cost of living in the country, the Minister of State for Petroleum Resources (Gas), Hon Ekperikpe Ekpo has asserted the Federal Government’s firm determination […]
Expert promotes establishment of 5 new mega reinsurance companies in Nigeria
Kindly leave a comment and share Chuks Udo Okonta To prevent capital flight from the insurance industry, at least, five big reinsurance companies should be established in the next 10 years, the Lead Director, Transparent Protection Ltd/Gte (TPL), Dr. Sam Onyeka, has canvassed. He said this in a presentation at […]
