NEM Insurance wins financial services insurance award

NEM Insurance wins financial services insurance award

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,...
Nigeria moves to T+2 settlement cycle

Nigeria moves to T+2 settlement cycle

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...
NEM Insurance pays N30.54bn as claims in Q3

NEM Insurance pays N30.54bn as claims in Q3

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...
NGX: Ellah Lakes launches N235bn offer for subscription

NGX: Ellah Lakes launches N235bn offer for subscription

By Taiye Olayemi Ellah Lakes Plc, Nigeria’s pioneering integrated agro-industrial enterprise, on Monday launched a N235 billion offer for subscription on the floor of the Nigerian Exchange Ltd. (NGX). The event took place during a Facts Behind the Offer presentation...