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Author: Mercy A

General

Urgent Need to Push Nigeria Up the Global Priority List

February 12, 2015 0 0 Like Like

Nigeria is awash with serious problems which are not likely to go away soon. Africa’s largest and most important country is going through an extraordinarily difficult and dangerous period that

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General

Nigeria’s Top 30 Corporate Deals Of 2014

February 12, 2015 0 0 Like Like

VENTURES AFRICA – In summary, Nigeria’s 2014 was marred by the drop in oil prices, the devaluation of the Naira and the problem of insecurity. But amidst these concerns, there

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General

Mansard Insurance Plc Acquires Majority Stake In Penman Pensions Limited

February 12, 2015 0 0 Like Like

Mansard Insurance Plc, a member of AXA Group, said it had completed its acquisition of a 60 per cent stake in Penman Pensions Limited. A statement by the firm on

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Law Union & Rock Insurance Plc Reviews Business Strategies

February 12, 2015 0 0 Like Like

Law Union & Rock Insurance Plc said it had reviewed its business strategies, systems and processes in order to meet its immediate and long-term goals. It said this in a

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General

NCRIB Stresses The Benifits Of Insurance Cover Against Fire Disasters

February 12, 2015 0 0 Like Like

The President, Nigerian Council of Registered Insurance Brokers, Mr. Ayodapo Shoderu, has stressed the benefits of having insurance cover against fire disasters. He said this while commiserating with victims of

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General

Continental Reinsurance Plc Predicts High Insurance Business

February 12, 2015 0 0 Like Like

The Executive Director, Continental Reinsurance Plc, Mr. Lawrence Nazare, has said there will be a high volume of business for local insurers this year. He said there were emerging risks

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Energy And Allied Risks Insurance Pool Will Grow Local Capacity- NAICOM

February 12, 2015 0 0 Like Like

Commissioner for Insurance, Fola Daniel, has affirmed that the  inauguration of the Technical Management Board of the Energy and Allied Risks Insurance Pool of Nigeria (EAIPN) will address challenges faced

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General

Old Mutual Pays $98m For Stake In African Insurer

February 12, 2015 0 0 Like Like

Kenya’s Centum Investment Company said it had agreed to sell its 13.75% stake in regional insurance firm UAP Holdings to Anglo-South African financial services company Old Mutual. The acquisition by

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General

Nigerian Entrepreneur Appointed To The East African Business Network Board

February 12, 2015 0 0 Like Like

Managing Director of Lagos-based, business management consultancy firm, Courteville Business Solutions, Bola Akindele, has been selected to join the board of directors of the East Africa Business Network (EABN). This comes

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General

FBN Insurance Finally Completes Acquisition Of Oasis

February 12, 2015 0 0 Like Like

FBN Insurance Limited, a subsidiary of FBN Holdings Plc, has completed the acquisition of Oasis Insurance Plc. While FBN Insurance had initially acquired 71.2 per cent equity interest in Oasis

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General

Reason Oasis Insurance Was Delisted

February 12, 2015 0 0 Like Like

FBN Insurance Limited, a subsidiary of FBN Holdings Plc, concluded the takeover of Oasis Insurance Plc having acquired 71.2 per cent equity interest through a block divestment in February 2014.

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General

Insurance Companies Now Pay Overriding Commission Into Brokers’ Personal Accounts

February 12, 2015 0 0 Like Like

The insurance companies now pay overriding commission and other illegal fees directly into the personal bank accounts of insurance brokers to prevent the National Insurance Commission (NAICOM) from knowing that

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General

Insurance Companies Now Pay Overriding Commission Into Brokers’ Personal Accounts

February 12, 2015 0 0 Like Like

The insurance companies now pay overriding commission and other illegal fees directly into the personal bank accounts of insurance brokers to prevent the National Insurance Commission (NAICOM) from knowing that

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General

Insurance Cover For Unity Schools’ Students Across The Country

February 12, 2015 0 0 Like Like

It is unfortunate that the Boko Haram insurgents have continued to mount a vicious campaign against Western education, students and colleges, with many schools completely burnt and pupils abducted or

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General, Latest Insurance News

AIICO Insurance Raises Capital Via $20million IFC Loan

February 12, 2015 0 0 Like Like

INTERNATIONAL Finance Corporation (IFC), a member of the World Bank Group has signed an agreement to provide a $20 million convertible loan to AIICO Insurance Plc to support its expansion

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