Kindly leave a comment and share Chuks Udo Okonta The Honourable Minister of Budget and Economic Planning, Sen. Abubakar Bagudu has assured the Nigerian Council of Registered Insurance Brokers (NCRIB) of Federal government’s continuous collaboration to strengthen the insurance sector. Bagudu gave this assurance when members of the Council of […]
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N19.21tn of pension fund assets invested by PFOs – PenCom
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has said N19.21 trillion out of the N19.53 trillion as January 31, 2024 has been invested by Pension Fund Operators (PFOs). PenCom in its Unaudited Report on Pension Funds Industry Portfolio for the Period Ended January […]
Stanbic IBTC Transforms education landscape with adoption of four schools
Kindly leave a comment and share Chuks Udo Okonta Stanbic IBTC, a leading financial service provider in Nigeria and a member of the Standard Bank Group, took a step towards enhancing education and fostering sustainable development in communities across Nigeria. The Group announced that it adopted four schools under its […]
Undersea Cable cuts disrupt data, voice services along African West Coast
Kindly leave a comment and share Chuks Udo Okonta A combination of cable cuts, resulting in equipment faults on the major undersea cables along the West African Coast, have negatively impacted data and fixed telecom services in several countries of West Africa, including Nigeria, Ghana, Senegal, Cote de Ivoire, among […]
Cornerstone Insurance woos brokers with N18bn profit
Kindly leave a comment and share Chuks Udo Okonta With N18 billion profit attained in year 2023 by its group, Cornerstone Insurance Plc has assured insurance brokers of a robust business partnership, The firm gave the assurance when its leadership led by the Group Managing Director/CEO, Stephen Alangbo, paid a […]
Insurers settle $5.1m fire claim
Kindly leave a comment and share Chuks Udo Okonta A group of insurance companies recently settled a fire claim amounting to $5.1 million. Inspenonline gathered that the claimant is company located in Ibadan, Oyo state, which raw materials warehouse was gutted by fire last year. An insurer which participated in […]
How to enhance resilience of marine, aviation insurance in Nigeria – Igbiti
Kindly leave a comment and share Chuks Udo Okonta To enhance the resilience of marine and aviation insurance in Nigeria, practitioners must delve into the intricacies of risk assessment, embrace innovative technological solutions, engage in robust dialogue with regulatory bodies and strengthen their commitments to training and development within their […]
WAICA welcomes Universal Insurance, Heirs General, others as members
Kindly leave a comment and share Chuks Udo Okonta Efforts at repositioning the West African Insurance Companies Association (WAICA) for better value addition recently received a major boost as Noor Takaful, Universal Insurance, Heirs General Insurance and Jomola Insurance Brokers have formally joined the subregional body and declared support for […]
ARIAN raises alarm over impersonation of executives
Kindly leave a comment and share Chuks Udo Okonta The Association of Registered Insurance Agents of Nigeria (ARIAN), has called on insurance practitioners and the general public to be wary of unscrupulous activities of persons impersonating its National President and members of the National Executive Committee of the association. ARIAN […]
Stanbic IBTC Pension Managers renovates Yaba Psychiatric Hospital Ward with over N100m
Kindly leave a comment and share Chuks Udo Okonta Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings and a leading pension fund administrator in Nigeria, in a significant display of corporate social responsibility (CSR) has renovated the Yaba Psychiatric Hospital Ward MS/F3 in Lagos, with over N100 million. […]