Workers withdrew N2.18bn pension savings in Q3 – PenCom
About 1,286 workers under the Contributory Pension Scheme withdrew N2.18bn from the voluntary contributions in their Retirement Savings Accounts with…
Nigeria: Ejindu Cometh!
By Okey Ikechukwu “A time comes in the life of a people when a conspiracy of circumstances heralds a new…
Nigeria’s Insurance assets hit N1.8tn
Nigeria’s insurance assets have crossed the N1 trillion mark. This is according to data released on Sunday by the Central…
NAICOM Reads Riot Act to Operators over Outstanding Claims
The National Insurance Commission (NAICOM) has said it will not endorse the recapitalisation plan of any firm that doesn’t clear…
Insurance to grow by 8%, says Agusto
Agusto & Co., a Pan-African credit rating agency, has predicted that the Nigerian insurance industry premium will grow by eight…
Royal Exchange records N897m loss
Royal Exchange Plc has released its full year (FY) 2015 financial results with a N897 million loss compared with a…
‘Insurance industry garnered N350bn premium in 2015’
The Nigerian insurance industry recorded an estimated volume of N350 billion premium in the 2015 financial period. The Chairman of…
Repositioning Nigeria’s insurance industry for growth
The Minister of Finance, Mrs Kemi Adeosun reiterates the interest of the Federal Government towards initiating reforms that would build…
NAICOM uncovers insurance scams
The National Insurance Commission (NAICOM) recently uncovered insurance scams perpetrated by some brokers and underwriters in conjunction with various state…
Nigeria’s insurance sector hits top 10 in Africa
Nigeria has emerged one of the top insurance markets in Africa, ranking third with overall premium income of N386 billion…