Money

Sector sustains losing streak with N20b in mobile insurance
Business Money NAICOM NCC

Sector sustains losing streak with N20b in mobile insurance

NAICOM Building NAICOM,NCC rift affecting policy penetration There seems to be no end to the insurance sector’s losses, as an estimated N20 billion yearly expected premium from mobile insurance may have been taken over by network operators, which now sell insurance products and also receive claims through mobile phone across the country.This,The […]

FCMB takes 1,000 corps members to entrepreneurship forum
Business fcmb Money NYSC

FCMB takes 1,000 corps members to entrepreneurship forum

First City Monument Bank (FCMB) has taken almost 1,000 members of the National Youth Service Corps (NYSC) in Abuja, to a capacity building programme in demonstration of its commitment to the empowerment of youths, particularly, in entrepreneurship. The programme, tagged: “Youth Entrepreneurship and Empowerment Programme,” was scripted, in partnership with […]

Listing of N10.7b green bond may woo huge Diaspora funds
Ariyo Olushekun Business Capital Assets Limited Money Nigerian Stock Exchange

Listing of N10.7b green bond may woo huge Diaspora funds

Nigeria Stock Exchange, Lagos Beside the provision of liquidity, the capital operators have projected an attraction for the untapped Diaspora funds that seem to be left out in the nation’s developmental projects, through the listing of N10.69 billion Sovereign Green Bond on the Nigerian Stock Exchange (NSE). The development, according to the experts, […]

SCIB operations boost sector’s premium profile with N30 billion
Business Money SCIB Nigeria & Co Limited Shola Tinubu

SCIB operations boost sector’s premium profile with N30 billion

Shola Tinubu The financial report of SCIB Nigeria & Co Limited has contributed not less than N30 billion premium income through its business and premium generation to the insurance industry since its inception four decades ago. Though the company’s report was on the positive, it however shows the struggle that sector operators […]