insurance and pension news
Wednesday, June 18, 2025
Kindly leave a comment and share Chuks Udo Okonta Life has being a bit choking for annuitants who bought Retirement Life Annuity (RLA) from African Alliance Insurance Plc, as they have not been paid pension benefits since May 2024, which is 4 months and still counting. According to one of […]
Kindly leave a comment and share Chuks Udo Okonta Lasaco Assurance Plc has held its completion board meeting at the Marriott Hotel in Ikeja, to finalise the capital raising of N11.1 billion through a private placement of 9.25 billion ordinary shares of 50k each at 1.20k per share. The official […]
Kindly leave a comment and share Chuks Udo Okonta The tough economic situation occasioned by the increase in price of fuel and other government policies is hitting hard on retail insurance business, Inspenonline can report. Investigations by Inspenonline revealed that most insurance companies are witnessing drop sales on retail products […]
Kindly leave a comment and share Chuks Udo Okonta Lloyd’s reinsurance business has grown strongly in recent years, with a five-year compound average growth rate of 9 per cent. According to AM Best report, in 2023, the market’s reinsurance premiums grew by 12.8 per cent, driven by material growth in […]
Kindly leave a comment and share Chuks Udo Okonta The President and Chairman of the Boards of Directors of the African Development Bank Group (www.AfDB.org), Dr. Akinwumi Adesina, has paid tribute to the preeminent role played by the institution’s staff in Africa’s development. He was speaking Monday, during the official […]
*As Morocco expresses interest Kindly leave a comment and share Chuks Udo Okonta South Africa may become the host of the next two editions of the All Africa Music Awards (AFRIMA) after receiving a letter of invitation from the African Union (AU) to take advantage of the hosting rights for […]
*As Partners Eye JV’s 165,000 bopd Oil Production Target by Dec 2024 In line with the Petroleum Industry Act (PIA) 2021 provisions of transiting assets from the Petroleum Profit Tax (PPT) into PIA terms, the NNPC Ltd and its Joint Venture (JV) partner, Chevron Nigeria Ltd (CNL), have concluded the […]
Kindly leave a comment and share Chuks Udo Okonta The pension fund assets got N2.51 trillion from workers contributions and return-on-investments from January to July 2024. According to data obtained from the National Pension Commission (PenCom) the pension fund assets stood at N18.36 trillion as at December 31, 2023 and […]
*Induces seven new members Kindly leave a comment and share Chuks Udo Okonta The Guild of Marine surveyors has invited all unregistered practitioners in the marine surveying businesses to associate with the body to enable them enjoy professional support and garner quality knowledge. The President, Guild of Marine Surveyors Wale […]
