30 results
- 8 Mar 2016
FBN Insurance Deploys 3i Infotech’s End to End Premia™ Insurance Suite
3i Infotech, a global technology solutions and services enabler has announced the successful implementation of their marquee product Premia™ Insurance Suite at FBN Insurance. FBN Insurance…
- 2 Jun 2020
FBN Holdings Divests From FBN Insurance, Sells Shares to Sanlam Emerging Markets
The Boards of FBN Holdings Plc (“FBNH”) and Sanlam Emerging Markets (Proprietary) Limited (Sanlam) wish to announce that they have completed the sale of FBN Holdings Plc’s 65% shares in FBN Insurance…
- 25 Aug 2021
FBN Insurance Brokers Develops Digital Solutions for Nigeria’s Insurance Market
FBN Insurance Brokers Limited, a subsidiary of FBN Holdings Plc, said it has developed a digital roadmap that will provide digital solutions for the Nigerian insurance market. Part of the roadmap,…
- 23 Sept 2022
FBN Insurance Rebrands to Sanlam Life Insurance
Following the completion of all regulatory procedures, FBN insurance Limited has been officially renamed to Sanlam Life Insurance Limited. The deal was finalised after Sanlam acquisition of…
- 25 Aug 2021
FBN Insurance Brokers Develops Digital Solutions
FBN Insurance Brokers Limited, a subsidiary FBN Holdings Plc, has developed a digital roadmap that will provide digital solutions for the Nigerian insurance market. The company said part of the plan…
- 5 May 2014
Etisalat, FBN Insurance Launch Sure4Life
Etisalat, Nigeria most innovative telecoms company and FBN Insurance Limited, a member of FBN Holdings Plc have announced the launch of ‘Sure4Life”, an airtime-based insurance product designed…
- 12 Jul 2020
FBN Insurance Pays N4.4Bn In Claims In Q1 2020
FBN Insurance has displayed resilience in its business strategy despite the negative impact of the coronavirus pandemic on the Nigerian economy. The company recently paid the sum of N4.4 billion in…
- 16 Sept 2022
FBN Insurance Targets One Million Customer Base by 2023
In a bid to deepen insurance penetration in the country, FBNInsurance Limited said it plans to increase the number of policyholders to one million within the next one year. Managing Director of the…
- 3 Jul 2013
FBN Life Partners Airtel on Micro Insurance Scheme
First Bank of Nigeria Life Assurance in partnership with Airtel Nigeria, leading telecoms operator, has introduced a micro insurance scheme, Padi 4 Life, in a bid to make insurance services easy and…
- 28 Feb 2015
First Bank Supports Local Content in Petrolog on Marine Vessel
First Bank of Nigeria Limited has given a boost to the capability of one of its corporate customers, Petrolog, by funding the acquisition of a brand new ABS classed Dynamic Positioning (DP2) Dive…
- 24 May 2015
Signal Alliance, Microsoft Partner to Promote Cloud Adoption, IT Driven Insurance Solutions
Signal Alliance and Microsoft are collaborating with Insurance companies in Nigeria to promote cloud technology adoption and IT-driven insurance solutions for the robust development of the sector. In…
- 29 Dec 2014
Insurance Emerges Toast of Foreign Investors in 2014
More foreign investors are buying into the nation’s insurance sector, to bring their experience and expertise to drive insurance penetration in the country currently put at less than one per cent.…
- 17 Apr 2015
FirstBank Sustainability Centre Supports Women Entrepreneurs
FirstBank Sustainability Centre has reinforced its commitment to promoting empowerment, entrepreneurship and financial inclusion amongst women through its sponsorship of a workshop for Women owners…
- 17 Mar 2021
BizWatch Nigeria set to Host Insurance Webinar
BizWatch Nigeria, Nigeria's leading business platform is set to hold the first of its webinar series, themed "Building Financial Resilience with Insurance Solutions Amid COVID-19". With the COVID-19…
- 27 Apr 2016
FBN Holdings Sees No Need to Raise Equity after Loan Losses
FBN Holdings has no need to tap equity markets after an unexpected 119 billion naira ($600 million) loan loss provision last year, but will limit lending growth to boost capital, Urum Kalu Eke, its…
- 25 Jun 2024
NGX Fines 9 Firms N76.8m for Late Filing of Annual Reports
Nigerian Exchange Limited (NGX) has imposed a N76.8 million fine on nine quoted companies for failure to file their audited financial statements after the regulatory due date, according to…
- 13 Jan 2025
NGX weekly: Investors gain N1.137trn as Wema, FBN, Universal lead
Nigerian Exchange Ltd. (NGX) All-Share Index and Market Capitalisation appreciated by 1.80 per cent each, to close the week at 105,451.06 and N64.303 trillion respectively. Theses are against…
- 26 Jul 2013
Airtel, FirstBank Partner on FirstMonie Payment Solution
Airtel Nigeria, telecommunications service provider has gone into a partnership with First Bank Nigeria Plc to offer Firstmonie Talkmore; the all-new, revolutionary mobile payment solution, to the…
- 29 Dec 2024
NGX Fines 20 Firms N255.53m for Financial Statements Filing Default
NGX Regulation Limited, a subsidiary of the Nigerian Exchange Group (NGX Group) has fined N255.53 million on 20 listed companies for failing to file their financial statements after the regulatory…
- 19 May 2013
Fitch Assigns FBN Holdings Plc 'B' IDR
The London based rating agency, Fitch Ratings has assigned FBN Holdings Plc (FBNH) a Long-term Issuer Default Rating (IDR) of 'B' and Short-term IDR of 'B'. The Outlook on the Long-term IDR is…
- 7 Sept 2022
Agusto & Co. Affirms “A” Rating, Stable Outlook for FBNQuest
FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc, has once again received an “A” rating from Agusto & Co., which affirms the Merchant Bank’s…
- 27 Jan 2017
Oxford Business Group Inks MOU with NIPC
Nigerian Investment Promotion Commission (NIPC) has signed a Memorandum of Understanding (MOU) with OBG for the publishing firm’s forthcoming report on the country. Under the MOU, the Commission will…
- 19 Mar 2023
Nigerian Exchange Fines 16 Firms N779m for Market Offences
Nigerian Exchange Limited (NGX) has sanctioned 16 companies for various market infractions in three years. According to report in the Punch, , the NGX imposed the sum of N779.5m fine on LASACO…
- 19 Feb 2020
CBN Releases List of Authorised Banks in Nigeria
Central Bank of Nigeria (CBN) has released the list of deposit money banks and financial holding companies operating in Nigeria, meaning that anybody who transacts banking business outside the list…
- 27 Feb 2025
FIRSTHOLDCO: Reinforcing ESG, Sustainability Initiatives As It Rebrands
By A.Ezekiel In a world where approximately 20% of new businesses fail within the first two years, 45% within five years, 65% within ten years, and only 25% make it to 15 years or more (according to…
- 14 Feb 2016
GTR Conference Proffers Solution to W/Africa's Economic Growth
The Global Trade review’s West Africa Trade & Export Finance Conference 2016 held in Lagos recently had in attendance speakers discussing liquidity challenges, NNPC reforms and the Petroleum…
- 24 May 2015
CBN Grants Kakawa Discount House Merchant Banking licence
Central Bank of Nigeria (CBN) has approved a merchant banking licence for First Bank Nigeria Holdings Plc, through its subsidiary, the Kakawa Discount House Ltd. Mr. Bello Maccido, FBN Holdings group…
- 9 Aug 2016
NIPC Signs MOU with Oxford Business Group to Drive Capital Inflows
Nigeria Investment Promotion Commission (NIPC); a government agency mandated with attracting and facilitating foreign investment into Nigeria has signed a memorandum of understanding (MOU) with OBG…
- 6 Jan 2014
Ministers, Bank Chiefs Jostle for Sanusi’s Job @ CBN
Mr. Olusegun Aganga, minister of Industry, Trade and Investment and Dr. Yerima Ngama, minister of State for Finance have reportedly joined the high-wired corporate cum political chess game to succeed…
- 13 Aug 2016
Letshego MFB Unveils Brand, Key Target Sectors in Nigeria
In line with its mandate: to ensure simple, appropriate and affordable financial solutions across Africa, Letshego Holdings Limited, on Friday unveiled its rebranded business after acquiring 100%…