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#Financial Services
H1 2026: Mutual Benefits Assurance Records 15.5% Asset Expansion to ₦204bn
BY NKECHI NAECHE-ESEZOBOR—Nigeria’s retail insurance giant, Mutual Benefits Assurance Plc has reported 2.57 percent growth in Insurance Revenue to ₦42.25 billion up from...
Regency Alliance Advances Recapitalisation with 7.37 Billion Share Private Placement
Regency Alliance Insurance Plc has signed a Private Placement Agreement as part of its recapitalisation programme aimed at strengthening its capital base and...
Three Decades of Trust: Mutual Benefits Assurance Pays Over ₦3.9 Billion in Claims
BY NKECHI NAECHE-ESEZOBOR—Anchored by more than 30 years of industry leadership, Mutual Benefits Assurance Plc has once again proven why it remains a...
UBA Announces Tony Elumelu’s Retirement, Appoints Emmanuel Nnorom as Group Chairman
United Bank for Africa Plc has announced that Mr. Tony Elumelu, Group Chairman of UBA, will retire from the Board of Directors of...
Nigerian Insurance Industry Hits ₦2.3 Trillion Premium Milestone in 2025 – NIA
BY NKECHI NAECHE-ESEZOBOR—The Chairman of the Nigerian Insurers Association (NIA), Mr. Kunle Ahmed, has disclosed that Nigeria’s insurance industry recorded a historic Gross...
Incoming CIIN President Akinjide Orimolade Unveils Digital Transformation Agenda to Strengthen Insurance Industry
BY NKECHI NAECHE-ESEZOBOR—The incoming 53rd President and Chairman of Council of the Chartered Insurance Institute of Nigeria (CIIN), Mr. Akinjide Orimolade, has unveiled...
PenCom Takes Pension Services Closer to Contributors with Customer Clinic
BY NKECHI NAECHE-ESEZOBOR—For many pension contributors seeking answers to delayed requests, account enquiries or benefit-related concerns, the two-day Customer Clinic organised by the...
Enterprise Life Exceeds Recapitalisation Requirement, Rules Out Merger Plans
Enterprise Life Assurance (Nigeria) Limited has announced that it has fully met the recapitalisation requirements set by regulators and will not pursue any...
