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Sunday, October 2, 2022

NBS Reports 17.28% Q2 Growth In The Insurance Sector

According to figures obtained from the National Bureau of Statics’ (NBS) GDP, the insurance sector grew by 17.28 per cent in the second quarter...

Contributory Pension Assets Peaks At N14.36tn

The Contributory Pension Scheme's assets increased from the N14.27 trillion reported in June 2022 to N14.36 trillion in July 2022. According to information gleaned from...

Liquidation: Standard Alliance Sues NAICOM To Court

The National Insurance Commission (NAICOM), which oversees the insurance sector, has been sued by Standard Alliance Insurance Plc in Lagos' Federal High Court over...

Insurance Industry’s Premium Increases By 10% To N560bn

In the 2021 financial year, the Nigerian insurance sector wrote business of N560 billion. At the 51st annual general meeting of the Nigerian Insurers...

Stanbic IBTC Pension Managers Deepens Access To Pension With New Branch

Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings recently opened a new branch as part of its commitment to increasing its customers’...

PenCom Addresses Poor Documentation Of Pension Details

According to data from the National Pension Commission(PenCom), companies paid out a total of N93.49 billion in pensions in 2021 but did not credit...

Old Mutual Unveils Web Platform For Insurance Brokers

One of the most important stakeholder groups in the onboarding of insurance consumers, Brokers, have their own unique web platform established by Old Mutual...

Guinea Insurance Records Gross Premium Growth By 24.8%

According to Guinea Insurance Plc, its written gross premium increased by 24.8% during the 2021 financial year. During the company's 64th annual general meeting in...

Leadway Supports Youths Businesses With Media Dash

Financial services company Leadway Holdings has stated that it will provide free brand advertising to youth-led businesses to help them grow after the epidemic. In...

Senate Criticises NSITF Over N17.2bn Transfer Without Documentation

The current and previous management of the Nigeria Social Insurance Trust Fund (NSITF) are under fire in the Senate for failing to provide the...

Pension Assets Surpass N14.27 Trillion

According to the National Pension Commission (PenCom), total pension assets in the country reached N14.27 trillion in the first half of this year, reflecting...

Africa’s Largest Asset Manager PIC Leads Pension Funds Investing In Continent’s Infrastructure Via AFC

In a significant milestone for African pension capital being deployed for domestic infrastructure and industrial development, the Public Investment Corporation (PIC), Africa's largest asset...

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