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FBNInsurance Shows Commitment To CSR

BNInsurance and FBN General Insurance have said they are committed to corporate responsibility and sustainability initiatives. In a statement, the insurance firms said they recently donated various items to two care homes, the Heritage Homes and The Down Syndrome Foundation. The statement said, “The companies spent the Valentine’s Day with the children at the Heritage […]

NAICOM Confirms Ikuomola As Anchor’ Executive Director

he National Insurance Commission has approved the appointment of Mr Ikuomola Adeleke as the executive director, technical of Anchor Insurance Company Limited. In a statement, it said it had also ratified the appointments of Mr  Fasanmi Olajide and Ms Olubukola Koyenikan as the general manager, marketing and head, enterprise risk management respectively. The firm said […]

First Bank Rewards Customers For Using Payment Platform

irst Bank of Nigeria has said the bank’s ongoing Visa on mobile (QR) payment promo will reward customers with various discounts for using the QR payment on the FirstMobile App while carrying out transactions with select partner merchants. In a statement, the bank said the promo would end by the end of February. It stated, […]

Ecobank To Support Businesses With Omni Lite

he Managing Director, Ecobank Nigeria, Patrick Akinwuntan, has said the bank’s recently upgraded online banking platform for businesses called Omni Lite, is versatile, secured and user- friendly. In a statement, he urged business owners to take advantage of the services available on the platform which had been specifically optimised for them. He stated, those in […]

Leadway Explains Relevance Of Term Life Assurance

he Executive Director, Leadway Assurance Company Limited, Adetola Adegbayi, has urged Nigerians to subscribe to term life assurance product. In a statement, she said, people should form the habit of buying what they could not save, through term assurance policy. While speaking at a training conducted by the company for journalists in Lagos, she noted […]

Fidson Healthcare’s rights issue to open in March

ccording to a statement made available to the Nigerian Stock Exchange on Wednesday, the company is proposing a rights issue of 750 million ordinary shares of 50 kobo each at N4 per share on the basis of one new ordinary share for every two ordinary shares held. The statement read in part, “Further to our […]

Heritage Bank supports startups, offers $25,000 grants

eritage Bank Plc says it has adopted a focused approach that removes barriers and spurs the critical sector of the economy to grow with the introduction of its innovation accelerator programme tagged, ‘HB LAB’. In a statement, it said the maiden edition of HB LAB was a 12-week programme, expected to provide technology startups with […]

NAICOM approves first micro insurance company to run state business

AICOM approves first micro insurance company to run state business In a move to deepen insurance penetration and acceptance in the country, the National Insurance Commission, NAICOM, has approved GOXI Microinsurance Company Limited to operate as a State Composite Micro-insurer . It will be recalled that among the requirements of the micro-insurance guidelines released by […]

Sterling Bank’s N33bn bond listing to enhance trading in secondary market — Suleiman

terling Bank Plc has disclosed that the listing of its N32.9 billion bond in both FMDQ platform and Nigerian Stock Exchange, NSE will enhance trading in the secondary market. The bond which is unsecured with a tenor of seven years at a fixed rate of 16. 50 percent, is part of a N65 billion Debt […]

Stanbic IBTC reiterates commitment to youth entrepreneurship

tanbic IBTC has expressed its commitment to promote entrepreneurship in the country as it continues to empower the youth in nation building. The bank disclosed this at the 2019 Stanbic IBTC Youth Leadership Series (YLS) held in Lagos, stressing that the youth empowerment motivational series was conceived as a way to energize the entrepreneurial spirit […]

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