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INSURANCE & PENSIONS

INSURANCE & PENSIONS

Prudential Zenith Life Insurance
INSURANCE & PENSIONS NEWSLETTER

Prudential Zenith Life Insurance has launched a payment service that allows mobile phone customers in Nigeria to buy protection policies wherever they are. Customers who dial *5966# on ...
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Aigboje Aig-Imoukhuede
COVER INSURANCE & PENSIONS NEWSLETTER

Aigboje Aig-Imoukhuede, the chairman of WAPIC Insurance Plc has acquired more shares in the insurance firm. This was disclosed by the company in a notification sent to the Nigerian Stock Exchange ...
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NHIS
COVER INSURANCE & PENSIONS NEWSLETTER

The management of the National Health Insurance Scheme (NHIS) has said that it is working to effect an amendment to the Act setting up the fund to transform ...
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AIICO Insurance
COVER INSURANCE & PENSIONS NEWSLETTER

The board of directors of AIICO Insurance Plc is set to meet on Thursday, February 20th, to review and approve the company’s audited financial statement for the full-year ...
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AIICO Insurance
COVER INSURANCE & PENSIONS

AIICO Insurance Plc has received an investment of ₦5.38 billion from Leap Frog and AIICO Bahamas. The amount was classified under deposit for shares in the company’s 2019 ...
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LASACO Assurance
COVER INSURANCE & PENSIONS NEWSLETTER

LASACO Assurance Plc has disclosed plans to beef up the capital base of the insurance firm to meet the National Insurance Commission’s (NAICOM) recapitalization directive. The Managing Director, LASACO ...
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FG Set to Borrow
COVER INSURANCE & PENSIONS NEWSLETTER POLITICS & GOVERNMENT

Says N1.7tn pumped into power sector without commensurate result The National Economic Council (NEC) Thursday in Abuja announced the resolve of the federal government to borrow N2 trillion ...
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PFAs Increase Investment in Infrastructure
BUSINESS & ECONOMY COVER INSURANCE & PENSIONS

Pension Fund Administrators (PFAs) have increased their investments in infrastructure from N37.5 billion in October 2019 to N40.52 billion by November 2019. This was disclosed in the National Pension ...
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PTAD
COVER INSURANCE & PENSIONS NEWSLETTER

No less than 11,331 pensioners have been paid N842.8 million by the Pension Transitional Arrangement Directorate (PTAD). The one-month pension arrears was reportedly paid to the pensioners of the defunct ...
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PenCom
COVER INSURANCE & PENSIONS NEWSLETTER

Nigeria’s pension asset grew by N228 billion in October 2019 to end the month with an asset value of N9.81 trillion, according to the latest data from the Pension ...
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Stanbic IBTC Pensions
INSURANCE & PENSIONS

In its bid to enhance seamless operations and improve customers’ experience, Stanbic IBTC Pensions Managers Limited has enjoined employers to ensure that their employees participate in the on-going ...
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INSURANCE & PENSIONS NEWSLETTER

The number of motorists with genuine motor insurance covers in Nigeria has reduced by 41.86%, from 4.3 million in February 2016 to 2.5 million by September 2019, Nigerian Insurers Association ...
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CBN
COVER INSURANCE & PENSIONS NEWSLETTER

The National Health Insurance Scheme (NHIS) has over N30 billion with the Central Bank of Nigeria (CBN), after 14 years of operations and only 5% coverage in the country. According ...
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Senate
COVER INSURANCE & PENSIONS

The Chairman of the Senate Committee on Establishment and Public Service, Ibrahim Shekarau, has claimed that the federal government currently owes retirees over N400 billion in accrued pension. ...
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PenCom
COVER INSURANCE & PENSIONS NEWSLETTER

The National Pension Commission (PenCom) Thursday put the total stock of pension assets as at September at N9.58 trillion, saying the amount was contributed by 8.85 million Nigerians ...
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Old Mutual
COVER INSURANCE & PENSIONS NEWSLETTER

The Nigerian subsidiary of a pan-African Insurance underwriter, Old Mutual Limited (OML) has announced the appointment of Mr. Olalekan Oyinlade, as the new Managing Director for its General ...
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EFCC
INSURANCE & PENSIONS LEGAL

The former chairman of the Pension Reform Task Team (PRTT), Abdulrasheed Maina is being arraigned today alongside his son by the Economic and Financial Crimes Commission (EFCC). Maina ...
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Ihedioha
COVER INSURANCE & PENSIONS

Plugs ₦500 million Monthly Leakage In the process of due process, accountability and diligence being applied in Imo State Government, especially in capturing of retirees in both the ...
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Pensions Alliance Limited
INSURANCE & PENSIONS

Leading Nigerian Pension Fund Administrator, Pensions Alliance Limited, has announced a change of guards in the highest level of its leadership. A press statement from the Company, dated ...
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EFCC
COVER INSURANCE & PENSIONS NEWSLETTER

The Economic and Financial Crimes Commission (EFCC) has assured the National Health Insurance Scheme (NHIS) that it will release the recovered funds of the scheme in its custody, ...
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