Wednesday, 31st May 2023


25 Aug 2022
The need for insurance operators to make prompt payment of claims to retain public trust has been a major concern in some of the paper presentations of stakeholders at major industry events held between January and now.
22 Aug 2022
The National Pension Commission (PenCom) and Pension Fund Operators of Nigeria (PenOP) have revealed plans to achieve the government's target of enrolling 8,000,000 Nigerians in a micro pension scheme in the country.
16 Aug 2022
The National Insurance Commission (NAICOM) is seeking the support of the Federal Government to tackle the menace of fake insurance policies in Nigeria.
8 Aug 2022
Chief executive officers of insurance companies have expressed concern about the rising cost of operations, including the surging price of diesel, saying it negates operational efficiency.
7 Aug 2022
Underwriting firm, Coronation Insurance has reported a gross premium income of N8.6 billion in the financial year ended December 31, 2021 compared to the N12.3 billion the company declared in the same period of 2020.
2 Aug 2022
An InsurTech start-up that offers software solutions to insurance firms, in both Life, General and Health insurance, EVOLUTICS, has expressed readiness to address digital insurance
5 Jul 2022
Total Assets Under Management (AUM) of the mutual fund industry hit N1.52 trillion ($3.64billion) in the first five months of the year.
4 Jul 2022
African Insurance Organisation (AIO) has called on operators and stakeholders across African markets to tackle low penetration with aggressive marketing.
4 Jul 2022
Determined to drive the financial inclusion initiative of the Federal Government, the National Insurance Commission (NAICOM) has resolved to expand the Nigerian insurance market through a micro-insurance scheme by licensing new companies that would engage Nigerians at the grassroots across the country.
28 Jun 2022
Following an unprecedented rally that increased the equities market’s Year-To-Date (YTD) returns by 21 per cent, the Nigerian Pension Fund Administrators (PFA) has increased its investment
27 Jun 2022
Determined to deepen insurance acceptance, Noor Takaful Insurance Limited has distributed over N109 million as a surplus to its policyholders, who did not make claims on their insurance in the 2020 financial year.
23 Jun 2022
There is a need for operators to embark on prompt payment of claims to retain public trust and ensure the sector contributes optimally to economic growth.


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NATO's Secretary General Jens Stoltenberg on Tuesday condemned attacks against the alliance's forces in Kosovo, after 30 of its peacekeepers were injured in clashes with ethnic Serb protesters.
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Dr Marcel Mbamalu, Publisher Prime Business Africa LAGOS, Nigeria, 30 May 2023 -/African Media Agency(AMA)/- Foremost publisher and media ace, Dr Marcel Mbamalu, has been nominated to participate in the 2023 Jefferson Fellowships. Dr. Mbamalu is the publisher and editor-in-chief of Prime Business Africa, which also happens to be the only media outfit selected from Nigeria and the…
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ASTANA, Kazakhstan, 29 May 2023 -/African Media Agency(AMA)/- Bybit, the world’s third most visited crypto exchange, has received in-principle approval by Kazakhstan’s Astana Financial Services Authority (AFSA). This latest approval highlights Bybit’s continued commitment to expanding its presence in emerging and dynamic markets. The in-principle approval subjects Bybit to pre-conditions leading to permanent authorization upon Bybit’s completion…
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President Bola Tinubu has ordered the Department of State Services (DSS) to vacate the office of the Economic and Financial Crimes Commission (EFCC) in Ikoyi, Lagos, immediately. Tinubu on Tuesday evening said if there were issues between the “two important agencies of government”, they would be resolved amicably. The President said this, according to a…
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The Trade Union Congress of Nigeria (TUC) has urged President Bola Ahmed Tinubu to treat the issue of subsidy removal with caution. In his inaugural speech at the Eagle Square in Abuja on Monday, Tinubu declared that the era of subsidy payment on fuel has ended. He added that the 2023 Budget made no provision…