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CHI CEO Honored for Driving Insurance Awareness in Nigeria

12.01.2026
The Managing Director and Chief Executive Officer of Consolidated Hallmark Insurance Limited, Mrs Mary Adeyanju, has been recognised for her role in deepening insurance awareness through social media. Adeyanju was honoured as the ‘Insurwatch Social Media Engagement Captain’ for her consistent and impactful use of digital media to deepen insurance penetration and foster closer ties...
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Fitch Projects Stable Investment Mix for Life Insurers

12.01.2026
Fitch Ratings has projected that life insurers’ investment portfolio mix will remain broadly stable in 2026, with solid credit quality and core fixed-income assets continuing to dominate. This was indicated in the latest commentary on the insurance sector, which pointed out that insurers may increase exposure to private credit and alternative investments in the coming...
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NDIC Recovers N24.3bn for Heritage Bank Depositors

12.01.2026
The Nigeria Deposit Insurance Corporation has recovered an additional N24.3bn from the assets of the defunct Heritage Bank Limited to repay customers of the bank with balances above N5m as of the time of its licence revocation. This was disclosed in a statement signed by the Head of the Communication & Public Affairs Department, NDIC,...
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Safer Cities & Stronger Financial Security

12.01.2026
Coronation Insurance Plc has outlined the far-reaching benefits of the Nigerian Insurance Industry Reform Act 2025, describing the new law as a major step toward strengthening consumer protection, improving safety standards, and deepening insurance penetration across the country. This was disclosed in its latest thought leadership piece on NIIRA, which was signed into law in...
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JamaJama empowers children and artisans in Nigeria

12.01.2026
The organisers of JamaJama Empowerment Day have provided children and artisans with various empowerment opportunities, with the aim of restoring hope to many families across the country. According to a statement signed by the spokesperson for the organisers, Abiola Sadik, the initiative was designed to combine fun with empowerment, particularly for young people with emerging...
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MA’AM Energy’s $750m Geregu Takeover Excites Investors

12.01.2026
The minority investor community and operators in the capital market have expressed optimism about the acquisition of majority shareholding in Geregu Power Plc by MA’AM Energy Limited, saying it was a major boost for the power sector. The stakeholders in separate chats indicated that the MA’AM Energy Limited takeover of Geregu Power, one of two...
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Heritage Bank liquidation: NDIC recovers additional N24.3bn

12.01.2026
The Nigeria Deposit Insurance Corporation has recovered an additional N24.3bn from the assets of the defunct Heritage Bank Limited to facilitate the repayment of depositors with balances exceeding N5m at the time the bank’s licence was revoked. This was disclosed in a statement signed by the Head, Communication and Public Affairs Department of the NDIC,...
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Wema Bank Introduces Voice Banking on ALAT App

12.01.2026
Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has launched the upgraded version of its flagship digital banking platform, ALAT by Wema. Designed as the next phase in digital banking, the upgraded version of ALAT delivers a smarter, faster, and more intuitive experience, reinforcing Wema Bank’s leadership in...
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PenCom empowers PFAs to appoint external auditors & actuarie

12.01.2026
The National Pension Commission has empowered Pension Fund Administrators to appoint external auditors and actuaries for Approved Existing Schemes and Additional Benefits Schemes. This was indicated in the latest circular from the pension industry regulator directed at all licensed PFAs, signed by the Director of the Surveillance Department, A. M. Saleem. PenCom revealed that the...
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Minister Seeks Nationwide Ban on Wooden Boats For Safety

12.01.2026
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has urged state governments across the federation to invest in safer, modern fibre and aluminium boats to reduce waterway accidents. This is even as Oyetola renewed his call for an urgent ban on the use of wooden boats for commercial water transportation. This was contained in...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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