From left: Asiwaju Dr Feyisayo Soyewo, MFR; the Oni of Ife, Oba Adeyeye Ogunwusi and his Olori, Wuraola at the celebration of African Kings at African Union Building in New York, recently.
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Royal Exchange confirms Auwalu Muktari as Group Managing Director
Muktari Leave a comment and share Chuks Udo Okonta The Board of Directors of Royal Exchange Plc, Nigeria’s leading Insurance and Asset Management Group has announced the appointment of Auwalu Muktari, as the substantive Group Managing Director, with effect from June 15, 2016. This indication was made known at the […]
Photos: Faces at the CIIN 2016 Ramadan Tafsir
Managing Director Staco Insurance Plc, Sakiru Oyefeso; Chief Imam, Oluyole Estate Extension Ibadan, M.A. Bada; Group Managing Director AIICO Insurance Plc, Edwin Igbiti and former Director-General CIIN, Kola Ahmed at the event. The Executive Secretary of the Nigerian Council of Registered Insurance Brokers (NCRIB), Fatai Adegbenro (left) and other participants […]
Islamic cleric urges Muslims to embrace insurance
From left: Director-General Chartered Insurance Institute of Nigeria, Richard Borokini; Managing Director Staco Insurance Plc, Sakiru Oyefeso; Chief Imam, Oluyole Estate Extension Ibadan, M.A. Bada; Group Managing Director AIICO Insurance Plc, Edwin Igbiti and former Director-General CIIN, Kola Ahmed at the event. Leave a comment and share Chuks Udo Okonta […]
PenCom accuses MDAs of subverting rules on Certificates of Compliance
DG PenCom, Mrs Chinelo Anohu-Amazu Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has accused Government’s Ministries, Departments and Agencies (MDAs) of acceptance spurious evidence of compliance from contractors and being reluctant in ensuring that companies bidding for works fulfilled their obligations relating to pensions […]
MTN Nigeria unveils automation service for insurers
MTN Nigeria has brought out Insurance Automation Service to enable insurance companies to eliminate the manual processes involved in capturing field data and get live visibility of field activities, spur faster decision-making and planning. MTN said that the new service will increase efficiency and cut costs by providing access to […]
One million fishermen to benefit from insurance policy
By Godwill Arthur-Mensah More than one million fishermen would benefit from the insurance policy instituted by the Government to safeguard the safety of their canoes, outboard motors, nets and other fishing inputs. Madam Sherry Ayittey, the Minister of Fisheries and Aquaculture Development, made this known at a meeting with some […]
Inadequate instruments leave N1.059trn pension fund untapped – PenCom
DG PenCom, Mrs Chinelo Anohu-Amazu Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) said out of N1.06 trillion available for infrastructure financing, only N1.36 billion has been taken as at 31 December 2015, leaving N1.059 trillion untapped. PenCom stated this in a presentation made at […]
PenCom Accuses FGPL of Fraudulent Activities
By Damilola Oyedele Abuja — Following a petition to the House of Representatives, by one Hon. George Ozodinobi who claims to be Chairman of the First Guarantee Pensions Limited (FGPL), Lagos, the National Pension Commission (PenCom) has accused the petitioner of engaging in fraudulent activities, which have led to civil […]
A.M. Best Upgrades Ratings of African Reinsurance Corporation
A.M. Best has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit rating to “a” from “a-” of African Reinsurance Corporation (Africa Re) (Nigeria). The outlook for each rating has been revised to stable from positive. The upgrade reflects Africa Re’s excellent risk-adjusted capitalisation, […]
