First Bank named Nigeria’s strongest brand in 2026 by Brand Finance
First Bank, West Africa’s premier financial institution and financial inclusion service provider, has been recognised as the strongest brand in Nigeria in the “Nigeria 25 2026” ranking by Brand Finance, a leading independent brand valuation and strategy consultancy. The Bank achieved an AAA+ rating, the highest possible distinction, underscoring its unmatched brand strength and leadership […]
Lack of study materials hinders insurance development – NAICOM CEO
COMMISSIONER for Insurance and Chief Executive Officer of the National Insurance Commission, NAICOM, Alhaji Mohammed Kari, has blamed the lack of studying materials in the insurance industry as one of the challenges inhibiting the development of the country insurance sector.
Only 0.9% population holds insurance policy – Minister
INDICATIONS have emerged that less than 1.5 million Nigerians hold insurance policy, representing 0.9 percent of a population of over 170 million citizens.
BoE to focus more on protecting insurance policyholders
THE Bank of England will spell out more clearly what insurers should be doing to protect policyholders such as the elderly after a report called for clearer safeguards.
NAICOM, PenCom give life companies approval to choose PFCs
THE National Pension Commission (PenCom) and National Insurance Commission (NAICOM) have resolved the annuity impasse by agreeing to allow life insurance companies to open operational accounts with Pension Fund Custodians (PFCs) of their choice.
Despite recession companies’ revenue up 15.8% to N4.4 trn
Despite the unfavourable operating environ-ment and the economic headwinds experienced in 2016, the first batch of audited financial results of companies quoted on the Nigerian Stock Exchange, NSE, across the sub sectors recorded about N4.4 trillion revenue during the year, representing a significant increase of N571 billion or 15.8 per cent from N3.8 trillion in 2015.
