Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) today, November 29, 2024, presented an operational licence to NPF Insurance Co. Ltd in a brief ceremony held in Abuja. NAICOM in a statement said this development enables NPF Insurance to commence general insurance operations in […]
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IGP kicks against Police exit from CPS, wants officers to retire with salary
Kindly leave a comment and share Chuks Udo Okonta The Inspector General of Police, Kayode Egbetokun, has kicked against the bill seeking to exempt the Nigeria Police from the Contributory Pension Scheme (CPS) saying that it will not favour the Police Force. Egbetokun who stated this while addressing some police […]
Stanbic IBTC Bank introduces Senior Citizens Account for Nigerians aged 50 above
Kindly leave a comment and share Chuks Udo Okonta Stanbic IBTC Bank, one of Nigeria’s leading banks, has recently launched Senior Citizens Account, an innovative solution exclusively designed for customers aged 50 years and older. This initiative is expected to serve over 15 million Nigerians estimated to be within this […]
NNPC Upstream charges stakeholders on corporate governance, transparency
Kindly leave a comment and share Chuks Udo Okonta The new Executive Vice President, Upstream, NNPC Limited Udobong Ntia, has called on upstream stakeholders in the nation’s oil and gas industry to strengthen corporate governance, transparency and efficiency in their operations. Ntia, spoke during an Upstream Governance, Risk and Compliance […]
Capital Express Life Assurance generates N7.892bn premium income in 2023
*Announces strategic developments and future initiatives Kindly leave a comment and share Chuks Udo Okonta Capital Express Life Assurance Limited, one of the foremost specialist life insurance companies in the country, has held its 23rd Annual General Meeting (AGM) where it stated that N7.892 billion was generated as premium income […]
Expert advances repositioning of insurance sector for sustainable development
Kindly leave a comment and share Insurance operators and stakeholders in Nigeria have been urged to reposition the sector as a key driver of sustainable economic growth in the country. The charge was made by the Managing Director/Chief Executive Officer, Stanbic IBTC Insurance Limited, Akinjide Orimolade, in his Keynote Address […]
Leadway Assurance offers festive season survival pills to SMEs
Kindly leave a comment and share Chuks Udo Okonta As momentum into the 2024 festive season continues, businesses, especially Small and Medium Enterprises (SMEs), face paradoxical realities of increased sales opportunities and consequent cocktails of business risks. Recognising that with consumer spending and holidaymaking increasing businesses for SMEs lurks the […]
Why you should avoid single-lane road to retirement
Kindly leave a comment and share Chuks Udo Okonta Travelling on a single-lane road to retirement may be very risky, hence should be avoided if you anticipate a comfortable life at old age. Just as single-lane road is accident-prone to travellers, retirees earning retirement benefits from a single source are […]
NAICOM, NDPC move to safeguard personal data of insurance policyholders
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) and Nigerian Data Protection Commission (NDPC) have taken a significant step in enhancing data protection within the insurance sector. NAICOM and NDPC today signed a Memorandum of Understanding (MoU) aimed at strengthening data protection in the […]