Category : Search result: Nigerian insurance market


Trader Recounts Balogun Market Fire Start at 4 PM

A trader shares her eyewitness account of the Balogun Market fire, revealing it began with smoke around 4 PM. She criticizes the initial response and explains how her mother's warning saved her goods.

FMDQ Market Activity Slows, Turnover Drops 24%

Trading activity on the FMDQ Securities Exchange contracted sharply in November 2025. Total secondary market turnover fell by 24.22% month-on-month to N54.64 trillion. Read the full analysis.

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.

40 NGX Stocks Give Investors 100%+ Returns in 2025

A review of the Nigerian stock market in 2025 reveals 40 listed companies doubled investors' wealth, with 11 stocks soaring over 200%. Discover the top performers and the outlook for 2026.

NGX Adds N256bn in Festive Santa Claus Rally

The Nigerian stock market surged by N256 billion on Monday, with the All-Share Index rising to 152,459.07 points. Analysts see continued gains driven by strong fundamentals. Read the full market analysis.

Fire Destroys Sabuwar Lale Furniture Market in Kano

A devastating fire has razed the Sabuwar Lale furniture market in Kano, destroying dozens of shops and goods worth millions of naira. Traders are counting losses and pleading for government assistance. Read the full report.

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.

Nigerian Stock Market Gains N245 Billion

The Nigerian equities market sustained its bullish trend on Wednesday, December 17, with investor wealth increasing by N244.62 billion. Key stocks like FirstHoldCo and Mecure drove the rally. Read the full analysis.

Naira Rate Gap Widens as Dollar Demand Rises

The exchange rate gap between Nigeria's official and parallel markets widened to N25 as the naira depreciated. Discover the causes and CBN's response to the seasonal dollar demand surge.

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.

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.

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.

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