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businessday. ng > life > article > odua-investment-set-to-reposition-subsidiaries-to-globally-competitive-entities

Odua investment set to reposition subsidiaries to globally competitive entities

23+ hour, 48+ min ago  (487+ words) Unveils Glanvills" new corporate office Group Chairman of Odu"a Investment Company Limited, Bimbo Ashiru has reiterated the resolve of the board of the conglomerate to transform subsidiaries within the group into agile, financially strong, and globally competitive entities. Speaking…...

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Businessday NG
businessday. ng > insurance > article > nem-insurance-plc-grows-premium-income-to-n166-8bn-declares-n1-50-dividend

NEM Insurance Plc grows premium income to N166. 8bn, declares N1. 50 dividend

2+ week, 2+ day ago  (416+ words) NEM Insurance Plc delivered a strong top-line performance for the financial year ended December 31, 2025, driven by robust premium growth, higher insurance revenue, and an improved asset base despite the tough operating environment. Presenting the company's audited financial statements at its…...

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Businessday NG
businessday. ng > insurance > article > mutual-benefits-n5-5bn-claims-settlement-boosts-confidence-in-insurance

Mutual Benefits" N5. 5bn claims settlement boosts confidence in insurance

2+ week, 4+ day ago  (495+ words) Mutual Benefits Assurance Plc paid out N5. 5 billion in claims in April 2026, a move that is reinforcing confidence in Nigeria's insurance industry at a time policyholders are increasingly demanding evidence of prompt settlement and financial reliability from underwriters. The payout highlights…...

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Businessday NG
businessday. ng > insurance > article > consolidated-hallmark-insurance-pays-out-n5-3bn-on-claims

Consolidated Hallmark Insurance pays out N5. 3bn on claims

2+ week, 4+ day ago  (506+ words) Consolidated Hallmark Insurance Limited, one of Nigeria's leading general insurance business and special risk insurance underwriters, has paid over N5. 3 billion in gross claims so far in 2026, reaffirming its unwavering commitment to prompt claims settlement and exceptional customer service delivery. The…...

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Businessday NG
businessday. ng > insurance > article > sovereign-trust-insurance-set-for-n5bn-rights-issue

Sovereign Trust Insurance set for N5bn rights issue

3+ week, 6+ day ago  (247+ words) Sovereign Trust Insurance Plc has completed the structuring phase of its planned N5 billion Rights Issue, marking a key step in its capital-raising programme ahead of the recapitalisation deadline set under the Nigerian Insurance Industry Reform Act 2025 (NIIRA). The underwriting firm…...

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Businessday NG
businessday. ng > insurance > article > what-customer-testimonial-means-for-insurance-adoption-in-nigeria

What customer testimonial means for insurance adoption in Nigeria

1+ mon, 1+ week ago  (438+ words) Insurance penetration in Nigeria remains stubbornly below one percent despite rising awareness, underscoring a persistent trust gap that operators are increasingly working to close. What is beginning to shift that narrative, however, is the growing power of customer testimonials, real-life…...

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Businessday NG
businessday. ng > insurance > article > axa-mansard-strengthens-funding-support-for-women-led-businesses

AXA Mansard strengthens funding support for women-led businesses

1+ mon, 3+ week ago  (520+ words) AXA Mansard is stepping up efforts to close the financing gap faced by female entrepreneurs, rolling out targeted funding and support initiatives aimed at women-led businesses. The move underscores a broader push within Nigeria's financial services sector to unlock the…...

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Businessday NG
businessday. ng > business-economy > article > nigerias-tax-overhaul-tightens-profit-rules-for-insurers

Nigeria's tax overhaul tightens profit rules for insurers

1+ mon, 3+ week ago  (996+ words) Nigeria's new tax rules are changing how insurance companies calculate their profits, closing gaps that previously reduced tax payments and raising fresh concerns about pricing, competition, and growth in an industry worth over N1. 5 trillion in gross premiums. The changes, introduced…...

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Google News
businessday. ng > insurance > article > nigeria-sees-first-blockchain-enabled-mutual-insurance-model

Google News

1+ mon, 3+ week ago  (9+ words) Nigeria sees first blockchain-enabled mutual insurance model'Businessday NG...

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Businessday NG
businessday. ng > insurance > article > cornerstone-insurance-underscores-industry-wide-shift-toward-innovation-resilience

Cornerstone Insurance underscores industry wide shift toward innovation, resilience

2+ mon, 2+ day ago  (314+ words) L-R: Cordelia Ekeocha, head, Marketing and Corporate Communications Group; Abimbola Akinloye, head, General Business Underwriting; Akinjide Afolabi, regional Manager, Stephen Alangbo, GMD/CEO; Temitope Adobe, team lead, Victoria Island Branch; and Valerie Erewa, Warri Branch Manager at the award ceremony…...

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