By Agency reporter The National Insurance Commission’s Steering Committee made up of chief executive officers of insurance companies has identified the strengthening of the agency system as a means of deepening compulsory insurance in the country. The committee agreed on this after a meeting to strategise on best ways to […]

By Nike Popoola The gale of change sweeping across the financial services sector may soon consume Pension Fund Administrators that fail to shore up their capital base from N150m to N1bn. The National Pension Commission had given the PFAs till June 30, 2012 to meet the new minimum capital balance. […]

By Udeme Ekwere Trading activities on the Nigerian Stock Exchange improved on Thursday, as transactions closed positive to end a plethora of losses. Specifically, the market capitalisation of the listed equities rose by N17bn or 0.24 per cent from N7.145tn on Wednesday to N7.162tn. Similarly, the NSE’s All-Share Index increased […]