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Interviews

Recapitalisation: Insurers embrace consolidation

Thomas The Commissioner for Insurance, National Insurance Commission (NAICOM), Sunday Thomas, bares all in this interview with OMOBOLA TOLU-KUSIMO. He spoke on why the insurance industry must attain minimum of N1 trillion premium income mark in the next two years, the ongoing recapitalisation as well as plans by the commission […]

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When claims settlement becomes the judge

Sunday Thomas I believe that the recapitalisation will be the leveler because we are going to factor in all those outstanding claims before we adjudge any company as having met requirement. There is what we call age analysis and this ensures that if you have claims that have been more […]

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Touching lives when it matters

Babatunde Fajemirokun This endeavour is reflective of our corporate culture of touching lives and impacting communities. These are challenging times and we are mindful of the impact. We have a long-term plan in place to ensure the sustainability of these efforts. Managing Director AIICO Insurance Plc, Babatunde Fajemirokun

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Afreximbank disburses $200m to Zenith Bank

The African Export-Import Bank (Afreximbank) has disbursed $200 million to Zenith Bank Plc Nigeria under its Pandemic Trade Impact Mitigation Facility (PATIMFA). According to a statement by Afreximbank on Friday, the funds will assist Zenith Bank in its maintenance of foreign currency trade flows impacted by the COVID-19 pandemic. Also, […]

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Top Ten Largest Banks in the African Continent

By Richie Santosdiaz Home to over 1.3 billion people, the African continent is home to almost 17% of the world’s total population. According to the United Nations, Africa is home to 54 countries. Each of them is unique and diverse, presenting their own cultural and economic differences. In terms of […]

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Promoting insurers, media practitioners relationship

Ebose Augustine The Insurance Journalists must know the challenges the insurance practitioners are facing and therefore, learn to be on the part of ensuring growth for them rather than embark on any destructive journalism. Afterall, what will the Insurance Journalists gain if an insurance organisation sinks as a result of […]

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Ecobank Group wins African Banker magazine Award

The leading pan-African banking group, Ecobank, is delighted to announce that it has won the Award for Innovation in Financial Services at the 2020 edition of the prestigious African Banker magazine Awards. The Awards, which reward banking excellence in Africa, were announced at a virtual ceremony held on 26th August. […]