Payment of claims: NAICOM restates commitment to sanitize industry
The Commissioner for Insurance, Mr. Olorundare Sunday Thomas has frowned at the records and statistics of unpaid claims associated with some insurance companies. Speaking at the 2022 Edition of the Chartered Insurance Institute of Nigeria’s Professional Forum, held in Abeokuta, Ogun State, Mr Sunday said the Commission is doing […]
How finance industry can take advantage of AfCTA- FG
The Federal Government of Nigeria has urged the Nigerian finance industry to take advantage of the opportunities in the African Continental Free Trade Area. The African free trade will create $3.4 trillion opportunity and deepen the financial technology space for the industry. According to Finance Minister, Zainab Ahmed, an expanding[…]
Nigeria’s inflation rate hits 20.52% in August 2022- NBS
Report published by the National Bureau of Statistics has revealed that the headline inflation rate in August 2022 grew to 20.52% from 19.64% reported in July 2022. This was 3.52 percentage points higher compared to the rate recorded in August 2021, which was (17.01%). This shows that the headline inflation[…]
MTN Nigeria to raise N100bn via bond issuance
MTN Nigeria Communications Plc has notified the investing public that it has completed registration with the Securities and Exchange Commission of its new N200 billion bond issuance programmed it announced in July 2022. Consequently, MTN Nigeria has received SEC’s approval to launch the Series I (Tranche A) 4-Yaer Fixed Rate[…]










