ATM transactions rise 208% to N89trn
By Elizabeth Adegbesan The value of Automated Teller Machines (ATM) transactions grew sharply by 208.4 percent year-on-year (YoY) to N89.12 trillion in 2025 from N29.12 trillion in 2024. The Central Bank of Nigeria, CBN, disclosed this in its 2025 Annual Report noting that the increase in ATM transactions reflects user preferences, adoption of digital channels, […]
Moorgate MFB finances equipment acquisition for artisans
Moorgate Micro-Â Â finance Bank, in line with microfinance bank objective of alleviating poverty by providing loans to small and medium scale enterprises, has financed the purchase of N4m worth of diagnostic tools and injector machines for the National Automotive Technicians Association (NATA), which comprise mechanics, panel beaters, re-wirers and other artisans involved in auto repairs […]
Prestige Assurance income up by 33.47 %
In spite of the scourging heat of the global financial meltdown, Prestige Assurance Plc recorded 33.47 percent rise in its net premium income for the financial year ended December 2008.
Standard Insurance partners Willis Group
As part of its strategies to effectively work with the Federal Government to entrench the local content policy in the Oil & Gas sector, Standard Insurance Consultants is partnering with Willis Group, a global player in insurance business.
AIG reports 2Q Profit since 2007
American International Group Inc. reported its first quarterly profit since 2007 on Friday, as the government-controlled insurer saw the value of some of its soured assets recover.
Crusader General settles N196.2mclaims
CRUSADER General Insurance Limited paid claims totalling N196, 183,305 between January and June 2009, the company’s Managing Director, Mr. Nimbe Oviosu has said.
