NGO trains over 20,000 undergraduates on plastic pollution
By Peter Egwuatu U-Recycle Initiative Africa, a youth-led Non-Governmental Organisation, NGO, has trained over twenty thousand youths across four federal universities in Nigeria through the second edition of its flagship multi-year initiative for universities, called PlasticWize 2.0. The NGO is advancing environmental education, circular economy solutions, and climate action across Africa. Through PlasticWize 2.0, themed, “Redefining […]
NIA reiterates commitment to lawful engagement over financial infractions investigation
By Rosemary Iwunze The Nigerian Insurers Association (NIA), has said that it remains committed to lawful and constructive engagement with all arms of government, provided that such engagement respects the autonomy of statutory regulators and the boundaries established by the Constitution. The NIA made the assertion in response to a recent press statement issued by […]
Health insurance expanded to cover enrollees with HIV, TB – NHIA
By Rosemary Iwunze The National Health Insurance Authority, NHIA, says it has expanded the national health insurance scheme to cover some extreme health cases including people with HIV (PLHIV) and for TB patients, with pilots under way in four states. This was disclosed by Mrs. Aisha Abubakar Haruna, acting Director, Lagos regional office of the […]
Universal Insurance grows GWP to N15.3bn in 2024
By Rosemary Iwunze Universal Insurance Plc said it posted a Gross Written Premium, GWP, of N15.25 billion in the year ended December 31, 2024.The Managing Director/CEO of the Company, Dr. Jeff Duru, disclosed this in Lagos at a press briefing. Duru disclosed that as at the first quarter of 2025, the Company achieved a GWP […]
Hunger, poverty corruption and underdevelopment
By Dele Sobowale Talk of stating the obvious as profound wisdom, the National Security Adviser, NSA, Malam Nuhu Ribadu and the Chief of Defense Staff, CDS, General Christopher Musa, speaking at the 14th National Security Seminar, organised by the Alumni of National Defence College, Abuja, “said yesterday that hunger and poverty are catalysts fueling insecurity, violence and […]
Pencom laments low investment of pension funds
By Rosemary Iwunze The National Pension Commission, PenCom, has lamented that the pension funds are yet to fully optimise investment potentials, despite the favourable long-term demography of members. According to PenCom, the current economic landscape characterised by volatility, rising inflation and declining purchasing power of Retirement Savings Account (RSA) contributors, requires dynamic and resilient investment […]
Insurance sector grows total premium by 56% – NIA
By Rosemary Iwunze The Nigerian insurance industry grew gross written premium by 56 per cent in 2024 to N1.562 trillion from N1.003 trillion recorded in 2023. Chairman of Nigerian Insurers Association, NIA, Mr. Kunle Ahmed, disclosed this at the association’s annual general meeting yesterday in Lagos. According to Ahmed, the industry experienced notable developments, shaped […]
Heirs Energies, Renaissance Africa collaborate to drive Nigeria’s oil and gas devt
Heirs Energies Limited and Renaissance Africa Energy Company have expressed mutual commitment to strategic collaboration following a high-level courtesy visit by Osa Igiehon, CEO of Heirs Energies, to Renaissance’s leadership team, led by the Managing Director, Tony Attah.
Why borrowing $24.14bn is inevitable
By Dele Sobowale “Mice are mice; that is why mouse traps work.” President Bola Tinubu’s fresh request to the National Assembly to approve external loans totalling $24.14 billion is tiresome. Once again, it raises concerns that Nigeria is hurtling towards a fiscal precipice, with public debt increasing at an alarming rate even as government revenues show signs […]
Industry leaders extol late Prof. Jibril Aminu for promoting indigenous participation in oil and gas
Industry leaders extol late Prof. Jibril Aminu for promoting indigenous participation in oil and gas….
SanlamAllianz set to complete merger
By Rosemary Iwunze There are indications that two of the biggest names in global and African non-banking finance and insurance services, Sanlam and Allianz, are set for completion of the expected merger of their operations in Nigeria. The firms, which have already merged operations in 27 African countries, including Ghana and Rwanda, under the SanlamAllianz […]
