Business

Insurance firms must adhere to prudential standards — NAICOM

Insurance firms must adhere to prudential standards — NAICOM

By Emma Ujah, Abuja Bureau Chief ABUJA — The Commissioner for Insurance, Mr Olusegun Omosehin, has warned insurance companies to strictly adhere to prudential standards and ethical conduct following the conclusion of the industry’s recapitalisation exercise. Omosehin gave the warning on Thursday at the launch of the Insurance Sector Strengthening Programme (ISSP) in Abuja. He […]
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Inflation rate slows, first time in 3 yrs, to 18.02% 

Inflation rate slows, first time in 3 yrs, to 18.02% 

•Inflation easing should be consolidated through decisive, well-targeted policy action —CPPE •At 18.02%, inflation rate is still far from the CBN long-run target of 9%—Prof. Uwaleke By Peter Egwuatu, Assistant Business Editor & Elizabeth Adegbesan   Nigeria’s inflation rate eased by 2.1 percentage point to 18.02 percent in September 2025 from 20.12 percent in August 2025. This is […]

‎Customers express satisfaction with NEM Insurance Services

‎Customers express satisfaction with NEM Insurance Services

By Rosemary Iwunze ‎‎‎NEM Insurance Plc, one of the top three insurance companies in Nigeria and currently number one non-life licenced insurance company by insurance revenue in the insurance industry received tremendous accolades from various customers in this year’s Customers Service week. ‎The Customer Service Week provided an avenue for companies to renew their relationships […]

Stock market records N20bn gain

Stock market records N20bn gain

The stock market reversed losses by 0.02 per cent on Wednesday, recording N20 billion gain for investors after a day negative run.