INSURANCE & PENSIONS

INSURANCE & PENSIONS

INSURANCE & PENSIONS NEWSLETTER

The National Pension Commission (PenCom) has restated that the micro pension scheme to cater for Nigerians in the informal sector will commence in the first quarter of 2019. ...
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Leadway
INSURANCE & PENSIONS

Leading insurance service provider, Leadway Assurance, last weekend, emerged the Insurance Company of the year 2018 at the Business Day Banking and Financial Institutions (BAFI) Awards. At the ...
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NAICOM
INSURANCE & PENSIONS

Shareholders on Monday commended the National Insurance Commission (NAICOM) over the cancellation of the Tier Based Solvency Capital recapitalisation. The shareholders under the aegis of the Independent Shareholders ...
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Pensioners
INSURANCE & PENSIONS

The Nigeria Union of Pensioners (NUP) has lamented the non-payment of gratuities to its members in the Northeastern states of Bauchi, Gombe, Taraba and Adamawa by the state ...
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INSURANCE & PENSIONS

The African Development Bank (AfDB), Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) , African Trade Insurance Agency (ATI) and GuarantCo, have entered into a ...
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NHIS
INSURANCE & PENSIONS POLITICS & GOVERNMENT

The House of Representatives Adhoc Committee investigating the crisis rocking the National Health Insurance Scheme has resolved to summon the Secretary to the Government of the Federation, Boss ...
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COVER INSURANCE & PENSIONS

Nigeria’s agriculture sector loses about N20 billion annually due to failure of insurance companies to create products to cover small farmers, stakeholders have revealed. They hinted the need ...
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INSURANCE & PENSIONS

Royal Exchange Plc has said it is now positioned to offer shareholders good investment return and increase market share of the industry through the adoption of technology in ...
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COVER INSURANCE & PENSIONS NEWSLETTER

The Pension Fund Administrators (PFAs) in the country have invested N1.49 trillion in Treasury Bills. The monthly report released by the National Pension Commission (PenCom) on Sunday in ...
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INSURANCE & PENSIONS

The Federal Inland Revenue Service (FIRS) has proposed to the National Assembly to amend Section 16 of the Companies Income Tax Act (CITA) to allow a level-playing field ...
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COVER INSURANCE & PENSIONS NEWSLETTER

Retirees across the country have confirmed that they are yet to receive complete payment of the 33.3 per cent pension arrears, meant for Federal Government pensioners under the ...
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AIICO Insurance
COVER INSURANCE & PENSIONS NEWSLETTER

AIICO Insurance Plc, in a notice to the Nigerian Stock Exchange (NSE), has announced it will be holding an Extra Ordinary General Meeting on Friday the 5th of ...
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AIICO Insurance
BANKING & FINANCE INSURANCE & PENSIONS NEWSLETTER

Poised to deepen insurance penetration and awareness, AIICO Insurance Plc., a leading insurance company in Nigeria on Thursday said it has concluded arrangements with Wema Bank to increase access ...
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INSURANCE & PENSIONS

The total pension assets under the Contributory Pension Scheme (CPS) have risen from N7.52 trillion as of December 2017, to N8.23 trillion in June 2018. The Acting Director ...
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Fintech
COVER INSURANCE & PENSIONS

Carrot Technologies Limited, a financial technology firm (FinTech) start-up has hinted that there are benefits in the Nigerian insurance market by leveraging technology. At a press briefing in ...
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COVER INSURANCE & PENSIONS NEWSLETTER

Following the recapitalisation timeline announced last week by the National Insurance Commission (NAICOM), fears of hostile takeover has gripped some owners of insurance companies due to their low share prices on ...
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PENCOM
COVER INSURANCE & PENSIONS NEWSLETTER

The National Pension Commission (PenCom) said that the total pension fund assets stood at N8.14 trillion as at May, 2018. PenCom in a statement signed by its spokesman, ...
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BANKING & FINANCE INSURANCE & PENSIONS MEDICAL & HEALTHCARE

The Executive Secretary of the National Health Insurance Scheme (NHIS), Professor Usman Yusuf has indicted banks, former Executive Secretaries of NHIS, select management staff and interest groups in ...
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AUTOMOBILE COVER INSURANCE & PENSIONS

The insurance industry has lost a whopping N240 billion premium income from the non-insurance of an estimated eight million tricycles and motorcycles which ply Nigerian roads between 2000 ...
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INSURANCE & PENSIONS

The Gross Written Premium (GPW) of insurance companies in Nigeria grew by N47.1 billion in 2017, according to the Nigeria Insurance Association (NIA). The GPW is the value of total business undertaken ...
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