Kindly leave a comment and share Chuks Udo Okonta Cornerstone Insurance Plc reported an insurance revenue of N25.9 billion in 2023, a growth of 26.5 per cent against N20.48 billion attained in 2022, its Chairman Segun Adebanji, has said. He disclosed this today at the company’s Annual General Meeting (AGM) […]
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NAICOM unveils new licensing portal for insurance agents
* Seeks resubmission of unregistered applications on new portal Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said a new licensing portal for registration and renewal of the licences of insurance Agents has been developed. NAICOM said the new Portal would ease, fast […]
Acting Director General of PenCom Omolola Oloworaran resumes duty
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has said its newly appointed Director-General Omolola Oloworaran, has assumed duties to serve in acting capacity pending her confirmation by the Senate, in line with the provisions of Section 26 (1) of the Pension Reform Act […]
Morocco, Portugal, Spain submit joint bid for 2030 FIFA World Cup
Kindly leave a comment and share Chuks Udo Okonta The joint bid of Morocco, Portugal and Spain to host the 2030 FIFA World Cup™ has reached a significant milestone, with the complete bid book being officially submitted to FIFA leadership at an event held in FIFA’s Paris offices. The official […]
Nigeria’s non-life insurance business market per capita rated at $0.63bn, life $0.43bn, South Africa’s $50bn
Kindly leave a comment and share Chuks Udo Okonta with agency report The Chairman of Nigerian Insurers Association (NIA) Kunle Ahmed, has said Nigeria’s current capital requirements were relatively competitive within Africa, but the market size in other countries far surpasses it. He disclosed this at the recently public hearing […]
Stanbic IBTC university scholarship programme empowers 200 future leaders
Kindly leave a comment and share Chuks Udo Okonta Stanbic IBTC, a member of Standard Bank Group, marked a significant milestone in its pledge to foster Nigeria’s academic talent through its annual University Scholarship Programme. In a vibrant hybrid award ceremony held on Friday, 26 July 2024, the organization celebrated […]
Italy’s National Promotional Institution Cassa Depositi e Prestiti, African Development Bank to invest €400m in Africa’s private sector growth
Kindly leave a comment and share Chuks Udo Okonta Investment to support projects in food security, SME development, and sustainable infrastructure growth in Africa, within the framework of the Mattei Plan; Newly established collaborative platform GRaF to mobilise up to €750 million. Italy’s National Promotional Institution Cassa Depositi e Prestiti […]
Pensioners Council: Secret wen dey help people with small money build house before retirement
Bill: Insurers oppose N25bn non-life capital, N15bn life, reinsurance N45bn
Kindly leave a comment and share Chuks Udo Okonta Insurance operators under their umbrella body – Nigerian Insurers Association (NIA) have opposed the minimum capital base of N25 billion for non-life insurance business; life business N15 billion and reinsurance N45 billion, proposed in the Reform Insurance Bill, Inspenonline can report. […]
AIICO maintains strong growth trajectory, bags N12bn profit
Kindly leave a comment and share Chuks Udo Okonta AIICO Insurance Plc, a leading insurer in Nigeria, has continued its strong growth trajectory as it declared a profit after tax of N12 billion for the financial year ended December 31, 2023, up from the N5.2 billion it posted during the […]