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NIA: Increase in FDI, Economic Challenges Opportunities for Insurance Sector

According to This Day, The newly elected Chairman of the Nigerian Insurers Association (NIA), Kunle Ahmed, has said the increase in foreign Direct Investment (FDI) coming to insurance industry, especially in Q1 2024 and the various economic challenges plaguing Nigeria, have presented insurance industry with unique opportunities for growth and innovation. Ahmed stated this during...
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“Traditional Insurance distribution is roadblock to insurance penetration” – Enterprise Life MD

L-R: Idongesit Jackson, Team Lead, Wider Perspectives; Funmi Omo, Managing Director, Enterprise Life; Sunny Ayogu, Managing Director, Dykes Insurance Brokers; Awele Ayotuoma, Chairman, NCRIB South-South Area Committee; Datimi Ojokojo, Sire tor, Topflight Insurance Brokers and Ayomide Oloyede, Claims Manager, West Africa Container Terminal during the NCRIB-hosted Leadership Summit held in Port-Harcourt recently .  Funmi Omo, the Managing...
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N5m insurance coverage will enhance depositors’ safety nets — Senate

According to Daily Trust, The Chairman, of the Senate Committee on Banking, Insurance and other Financial Institution, Senator Mukhail Abiru (APC, Lagos East) at the weekend stated that the recent increase in deposit insurance coverage by the Nigeria Deposit Insurance Corporation (NDIC) will enhance safety nets for depositors. The NDIC had earlier in the year...
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Information Minister Urges Content Creators to Put Nigeria First, Moderate Negative Narratives

Chidimma Uchegbu – Abuja The Minister of Information and National Orientation, Mohammed Idris, has urged the new generation of content creators and social media influencers to tone down negative rhetoric’s about Nigeria and prioritize the nation‘s interests by upholding the highest ethical standards in the expression and delivery of their crafts. Idris made the remarks...
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DEFENCE MINISTER CHARGES NIGERIAN AIR FORCE TO DOMINATE AIRSPACE, ERADICATE INSECURITY

Chidimma Uchegbu – Abuja Honourable Minister of Defence, H.E. Mohammed Badaru Abubakar CON mni, has urged the Nigerian Air Force to intensify efforts to dominate the airspace and contribute to ending insecurity in Nigeria, particularly in the North-West region. During a visit to the Headquarters 213 Forward Operating Base in Katsina State, the Minister stated,...
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Biafra: Obasanjo’s hatred for Igbos, cause of secession – MASSOB

Phil Okose, Onitsha Movement for Actualization of Sovereign State of Biafra, MASSOB, otherwise called Biafra Independence Movement, BIM, reacted Friday to former President Olusegun Obasanjo’s comment on secession, saying Obasanjo’s hatred for the İgbos before, during and after the Biafran – Nigeria civil war, was real reason Igbos struggle for secession. In a swift reaction...
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Hardship: Sanwo-Olu urges Nigerians to unlearn, relearn and upskill to remain viable

IBRAHIM QUADRI As Nigerians face economic challenges, Lagos State Governor, Mr Babajide Sanwo-Olu on Tuesday urged citizens to, unlearn and upskill in vocational skills to remain viable for themselves and the country. Sanwo-Olu gave the charge at the 12th Graduation Ceremony for Up Skilled Tradesmen and Artisans, held in Agidingbi, Ikeja, Lagos. The event which had 1,...
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Baby, Female Passenger Die In Ikorodu Road Crash

The Lagos State Traffic Management Authority (LASTMA) says a fatal road traffic collision on Ikorodu Road has claimed the lives of an eight-month-old baby and a female passenger. The General Manager of LASTMA, Mr Olalekan Bakare-Oki, said this in a statement on Sunday in Lagos. Bakare-Oki noted that the collision occurred opposite Olabode House, between...

UBA Strengthens Leadership Team, Announces Major Executive Board Appointments And Retirements Effective January 1, 2026

United Bank for Africa Plc (UBA) has announced significant changes to its Executive Board, following the completion of tenure by four long-serving Executive Directors. The retirements, which take effect on January 1, 2026, include Deputy Managing Director Mr. Muyiwa Akinyemi, and Executive Directors Mrs. Abiola Bawuah, Mr. Alex Alozie, and Mrs. Sola Yomi-Ajayi. In line...

Yahaya, Alia, Ribadu, Others Harp On Unity As Hayab’s Daughter Weds In Kaduna

Prominent Nigerian leaders have harped on the need for national unity through peaceful cohesion as a panacea to sustainable growth and development in the country. The leaders, include the National Security Adviser (NSA) Malam Nuhu Ribadu, Director-General of the Department of State Services Mr Oluwatosin Ajayi, Benue Governor Rev. Fr. Hyacinth Alia, Gombe State Governor...

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