18
NovThe National Insurance Commission (NAICOM) has expressed worry over the disturbing issues of claims default to policyholders. The insurance regulator had in June this year canceled the licences of Niger Insurance Plc and Standard Alliance Insurance Plc over inability to carry out their primary responsibility of claims payment and other irregularities. Deputy Commissioner for Insurance, Alhaji Sabiu Abubakar recently […]
African Development Bank Group has approved an equity investment of $20m in Evolution Fund III, a pan-African clean and sustainable energy private equity fund that is mobilising about $400m into renewable energy and resource-efficiency assets across sub-Saharan Africa over a 10-year period. The Vice President, African Development Bank’s Power, Energy, Climate Change and Green Growth Complex, Kevin[…]
17
NovThe equity market on Thursday closed on a bearish note as the All Share Index declined by 0.08% to settle at 44,011.22 points from the previous close of 44,046.94 points. The Market Capitalisation declined by 0.08% to close at N23.972 trillion from the previous close of N23.991 trillion, thereby shedding N19 billion. An aggregate of 97.7 million[…]
