April 15, 2020/FBNH FBN Holdings Plc, the holding company for First Bank of Nigeria and its former subsidiaries, has announced ongoing discussions to fully divest from its insurance arm, FBN Insurance Business Limited. In a regulatory filing at the Nigerian Stock Exchange (NSE), FBN Holdings stated that it has started […]
Insurance
Health Insurance: Sterling Bank Partners Over 1,000 Hospitals
April 8, 2020/Sterling Bank Plc Sterling Bank Plc, Nigeria’s leading commercial bank, has partnered with more than 1, 000 reputable healthcare centres and hospitals nationwide to launch a health insurance scheme. The scheme gives Nigerians access to qualitative and affordable healthcare services nationwide. Shina Atilola, Divisional Head, Retail and Consumer Banking, Sterling Bank, who […]
NAICOM Mulls Extension of Recapitalization Exercise
Culled—Proshare April 6, 2020 By CSL Research According to a publication by The Nation print media, there are indications that the National Insurance Commission (NAICOM) may extend the deadline for the recapitalisation of insurance and reinsurance companies for the second time. The publication cited that the Commission is concerned about […]
