Category : Search result: insurance revenue


Universal Insurance Gets BBB- Rating from Agusto & Co

Agusto & Co assigns a BBB- rating with a stable outlook to Universal Insurance Plc, citing strong 2024 results, robust solvency, and improved profitability. Discover the key figures behind the rating.

Air India Crash: Victim Families, Survivor Get Compensation

Following the 2025 Air India Boeing 787 crash, interim compensation has been paid to the lone survivor, victims' families, and ground survivors. Total liabilities reach hundreds of millions of dollars. Read the full report.

Taraba Flags Off Digital Health Referral System

Taraba State launches an E-Referral and Claims Management System under its health insurance scheme, aiming to provide seamless healthcare for over 112,000 enrollees and move towards universal coverage.

NDIC Details N2m Payout for Failed Mortgage Banks

The NDIC has initiated a payout of up to N2 million per depositor for customers of Aso Savings and Union Homes. Learn about the verification process and what happens to balances above the insured limit.

FAAC Revenue Falls by N428bn, N1.93trn Shared

FAAC reports a sharp N427.969bn drop in November revenue, sharing N1.93 trillion among FG, states, and LGs. Key taxes see substantial declines. Read the full breakdown.

NCoS, NHIA to Integrate Inmates into Health Insurance

Nigerian Correctional Service and NHIA collaborate to provide health insurance coverage for inmates, aiming to improve rehabilitation and reduce recidivism. Learn more about this landmark initiative.

N66.42tr Hits Federation Account in 3 Years

Nigeria's Federation Account gross inflows hit N66.42 trillion from 2023 to Oct 2025, driven by fiscal reforms. RMAFC Chairman cites economic progress despite citizens' concerns. Read full analysis.

SUNU Assurance Secures N9bn Capital Raise Approval

SUNU Assurance shareholders approve N9 billion capital raising to meet new NIIRA 2025 requirements. The move aims to strengthen the firm's financial capacity before the July 2026 deadline.

NDIC Reiterates N5m Deposit Insurance Cover

NDIC MD reassures depositors of N5m insurance cover, details collaboration with CBN for supervision, and warns against Ponzi schemes. Read key insights from Kano Trade Fair.

Executives: Data Discipline Unlocks Digital Revenue in Nigeria

At the Leadway Digital Growth Summit, industry leaders warned that Nigerian firms must adopt stricter data discipline and deeper collaboration to achieve measurable returns on digital marketing investments. Discover the key strategies.

Rivers LGA Unveils ARISE Plan for Development

Obio/Akpor LGA launches the OBALGA ARISE framework to enhance administration, infrastructure, and security. The plan aims to attract investment and transform the local economy. Read more.

NDIC Assures Deposit Safety, Warns Against Fraudsters

NDIC MD reassures Nigerians of deposit safety with up to ₦5m insurance. He warns against Ponzi schemes and details collaboration with CBN for banking stability. Visit their Trade Fair pavilion for more.

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