By Taiye Olayemi GCR Ratings has upgraded NEM Insurance Plc’s national scale financial strength rating to AA+ (NG), citing “sustained competitive strength” in the non-life market. The agency, in a statement on Monday, said the move reflected NEM’s solid financial profile, supported by “robust risk-adjusted capitalisation, adequate liquidity and goodContinue Reading
By Taiye Olayemi NEM Insurance Plc has emerged winner of the Sectoral Leadership Award – Financial Services Insurance category, at the 2025 Pearl Awards. The insurance firm clinched the award ahead of two other nominees. In a statement on Friday, Mr Andrew Ikekhua, Managing Director of NEM Insurance, expressed appreciationContinue Reading
News Desk The National Agency for the Great Green Wall (NAGGW) has sought the support of the Secretary to Government of the Federation (SGF), Senator George Akume, in combating desertification, restoring degraded land and actualise its 50 million date palm project in 11 frontline states of northern Nigeria. Director General/CEOContinue Reading
By Taiye Olayemi Nigeria has formally shifted from a T+3 to a T+2 settlement cycle, marking a significant advance in the ongoing modernisation of its capital market. The News Agency of Nigeria reports that T+2 settlement means securities and funds from trades will now be settled two business days afterContinue Reading
By Grace Alegba The MATAN Food Bank Professionals Association of Nigeria says its new Automated MATAN Food Security initiative (AMFSI) will cater for over 40 million Nigerians with direct food access. Speaking in Lagos at the close of the group’s three-day national programme on Friday, Mr Olakunle Johnson, the GroupContinue Reading
By Mercy Omoike Lagos, Nov. 26, 2025 (NAN) The MATAN Food Bank Professionals Association of Nigeria (MATAN) has unveiled the Automated MATAN Food Security Initiative to tackle hunger and improve food security nationwide. The national flag-off ceremony brought together agricultural and community stakeholders to unveil the initiative’s framework aimed atContinue Reading
News Desk Winning Clause Nig. Ltd., the developer of Plot 67, Cadastral Zone C05, Kafe District, has insisted that the recently cleared Kuchibedna community was compensated on three separate occasions but repeatedly refused to vacate the land despite four court rulings ordering them to do so. Counsel to the company,Continue Reading
By Taiye Olayemi NEM Insurance says it has paid claims totalling N30.54 billion as of third quarter of 2025, representing a 105 per cent increase over the N14.94 billion paid in the corresponding period of 2024. The company in a statement on Tuesday, said this underscored its commitment to promptContinue Reading
By Taiye Olayemi The Theatre Arts and Motion Picture Practitioners Association of Nigeria (TAMPAN) says it will honour the Minister of Interior, Olubunmi Tunji-Ojo, with the ‘Man of the Year’ award at its forthcoming summit in Lagos. Bolaji Amusan, President of the association, disclosed this in a statement on SaturdayContinue Reading
