22 results
- 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…
- 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,…
- 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…
- 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…
- 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…
- 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…
- 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…
- 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…
- 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…
- 21 Nov 2013
Terrorist Financing: Banks Meet over Plan for Nationwide Shutdown
National Union of Banks, Insurance and Financial Institutions Employees (NUBIFE) said it will meet today to discuss the planned shut down operations nation wide in protest over the continued…
- 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 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%…
- 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 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…
- 11 May 2022
FBNQuest Continues to Support the Growth of Technology Startups in Africa
FBNQuest, the investment banking and asset management subsidiary of FBN Holdings Plc continues to demonstrate its support to the growth of technology startups in Africa through its recent…
- 3 Sept 2014
Nigeria’s “Too Big to Fail” Banks Shop for N405Bn Lifeline
Banks in Nigeria particularly the big four banks considered "too big to fail" are all in the market shopping for some N405 billion from both local and foreign sources to shore up their cash reserves.…