Stanbic IBTC Pensions Assets Rises To N3.5trn
The assets under management (AUM) of Stanbic IBTC Pension Managers Limited has risen above N3.5 trillion. The AUM measures the total market value of the investments handled by pension fund…
Continental Reinsurance Acquires Botswana Subsidiary
Continental Reinsurance Plc on Thursday announced a change in the ownership structure of Continental Reinsurance Ltd Botswana. After its recent acquisition of a minority 40% stake in the company, through…
African Alliance Insurance Appoints Adekola Acting MD/CEO
By Our Correspondent African Alliance Insurance Plc has announced the appointment of Mrs Olabisi Adekola as acting Managing Director/CEO of the company effective September 1, 2020 Her appointment followed the…
Lagos Rolls Out Health Insurance For Citizens
By Our Correspondent Lagos State has launched a health insurance scheme to make access to health care affordable for its more than 20 million residents. Under the scheme, residents will…
FBN Insurance Unveils Payment Channels For Safe, Convenient Transactions
FBN Insurance Limited has launched new digital platforms that enable its customers to pay their premiums timely with ease, thereby observing the social distancing measures aimed lowering the curve of…
Uzodimma Flags Off Imo State Health Insurance Scheme
By Our Correspondent Governor Hope Uzodimma of Imo State has flagged off the State’s Health Insurance Scheme. He did on Wednesday assisted by officials of the World Health Organization (WHO)…
CIBN Implores Banks To Embrace GIS Policy
By Oir Correspondent The Chartered Institute of Bankers of Nigeria on Tuesday called on the banks’ customers and stakeholders in the banking industry to embrace the Non-Performing Loans & The…
Prestige Assurance Seeks N6.82bn Through Rights Issue
Prestige Assurance Plc is shopping for N6.82 billion from existing shareholders through a rights issue. The move is part of efforts to meet the new minimum capital requirement stipulated by…
AXA Mansard Insurance Divests From Pension Subsidiary
AXA Mansard Insurance has announced the divestment from its subsidiary, AXA Mansard Pensions, after entering into a sale and purchase agreement with Eustacia Limited. This was disclosed in a notification…
SUNU Assurances Holds 33rd AGM By Proxy, Re-Elects Directors
By Our Correspondent SUNU Assurances Nigeria Plc, a foremost Pan-African Insurance company, held its 33rd Annual General Meeting on Thursday 6th August 2020 at the company’s headquarters in Victoria Island,…