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The Africa Insurance Organisation (AIO) has called on insurance stakeholders in the continent to unite and address the challenges bedevilling the insurance industry’s growth.
African governments have been tasked to introduce deliberate policy support tools to grow the insurance industry on the continent. The Commissioner for Insurance and CEO of the National Insurance Commission (NAICOM), Mr Sunday O. Thomas, who expressed this view, also called on African governments to collaborate and support insurance sector…
Nigerian insurers have stated their willingness to participate more actively in the African Continental Free Trade Agreement (AfCFTA). This is
Ebere Nwoji NEM Insurance Plc said it recorded a profit after tax of N5.08 billion in the year ended December 31, 2020. The company, said this represents 112 percent increase from N2.4 billion profit it made in the same period in 2019. This was announced to shareholders at the 51st Annual General Meeting of the company held in Lagos. NEM Insurance Chairman, Dr. Fidelis Ayebae, said earnings per share of the NEM Insurance group for the year under review was 0.96 kobo while that of the previous year was 45 kobo. He said given the positive result, the board recommended a dividend of 9 kobo per o...
Ebere Nwoji NEM Insurance Plc said it recorded a profit after tax of N5.08 billion in the year ended December 31, 2020. The company, said this represents 112 percent increase from N2.4 billion profit it made in the same period in 2019. This was announced to shareholders at the 51st Annual General Meeting of the company held in Lagos. NEM Insurance Chairman, Dr. Fidelis Ayebae, said earnings per share of the NEM Insurance group for the year under review was 0.96 kobo while that of the previous year was 45 kobo. He said given the positive result, the board recommended a dividend of 9 kobo per o...