Business – Page 42 – Rise Africa

Coronation Launches Affordable Motor Insurance in Nigeria

10.04.2026

Coronation Insurance Plc has announced the launch of MotorMax, an innovative motor insurance policy designed to transform the Nigerian motor insurance landscape by moving motorists beyond basic third-party compliance to affordable, comprehensive vehicle protection. For decades, motor insurance adoption in Nigeria has largely been limited to mandatory third-party coverage. MotorMax addresses this gap by offering...

CSCS boosts capital market efficiency with new onboarding

10.04.2026

The Central Securities Clearing System Plc has announced significant enhancements to its investor onboarding processes, marking a strategic move to bolster efficiency and service delivery within the Nigerian capital market. The upgrades are specifically engineered to accelerate account creation, streamline data processing, and foster a more integrated ecosystem for all market participants. According to a...

Terra Cube Wins Brand of the Year at ADVAN Awards

10.04.2026

Terra Cube has emerged as the biggest winner at the 2026 Advertisers Association of Nigeria Marketing Excellence Awards, clinching the highly coveted Brand of the Year title, an honour widely regarded as the highest recognition of marketing excellence in Nigeria. The ADVAN Awards stand as the gold standard for marketing performance, celebrating brands that demonstrate...

SUNU Assurances finalises N9.34bn rights issue

10.04.2026

SUNU Assurances Nigeria Plc has successfully concluded the structuring phase of its N9.34bn capital raise, moving closer to a formal market launch that is expected to reshape its competitive standing in the Nigerian insurance industry. At a Completion Board Meeting held in Lagos, the insurer formally executed all transaction documents and verified its offer circular....

NAICOM Imposes 0.25% Protection Levy on 67 Insurers

10.04.2026

The National Insurance Commission has issued a stern directive to 67 insurance and reinsurance companies to begin mandatory contributions to the newly established Insurance Policyholders Protection Fund. The move is designed to create a financial safety net for Nigerians, ensuring that claims are settled even if an insurance firm becomes insolvent or has its operating...

Access Holdings ED Calls for ‘Less, But Better’ Tech Focus

10.04.2026

The Executive Director of IT and Digitalisation at Access Holdings Plc, Lanre Bamisebi, has issued a call to action for technology leaders to prioritise ‘less, but better’ in an era increasingly dominated by artificial intelligence. Speaking recently at the inaugural Guest Lecture Series organised by the Quest Merchant Bank Technology Academy, Bamisebi argued that the...

Elumelu advises 720 UBA graduate trainees on growth

10.04.2026

The Group Chairman of United Bank for Africa Plc, Tony Elumelu, has issued a mandate to the latest graduates of the bank’s Graduate Management Accelerated Programme, insisting that professional success is measured not by potential, but by “visible results”. Speaking at the combined graduation ceremony of Cohorts 19 and 20 held in Lagos on Thursday,...

Cocoa Slump Hits Nigerian Farmers; Govt Action Urged

10.04.2026

The Cocoa Roundtable Initiative has called on the Federal Government to urgently intervene in Nigeria’s cocoa sector, warning that declining global prices could deepen poverty among smallholder farmers and weaken product quality. The Director-General of CORI, Adeola Adegoke, said the current downturn in cocoa prices, driven by global supply-demand imbalance, now poses a serious threat...

Guinea Insurance Projects N1.85bn Profit for Q2 2026

10.04.2026

Guinea Insurance Plc has signalled a period of robust financial growth and strategic strengthening as it forecasts a profit after tax of N1.85bn for the second quarter ending 30 June 2026. In a comprehensive regulatory filing submitted to the Nigerian Exchange on Tuesday, the insurer detailed an ambitious financial roadmap characterised by aggressive revenue targets...

Jobberman Empowers 400 Katsina Women & PWDs

10.04.2026

Jobberman Nigeria, in partnership with the Mastercard Foundation, has empowered over 400 women and persons with disabilities in Katsina State through a capacity-building programme aimed at expanding access to economic opportunities. The initiative, themed ‘From Potential to Power: Advancing Women Into Opportunities’, brought together women from diverse backgrounds, including entrepreneurs, professionals, internally displaced persons, and...