Sovereign Trust Insurance Celebrates Customer Service Week 2024

Severe inflationary pressures caused an intensification of the downturn...

In an attempt to deploy excess capital, some major European insurers have developed overseas operations over the past several years but are now taking a more cautious approach, as not all overseas strategies have proven successful, according to a new report published by A.M. Best. Well-capitalised insurers looked to overseas investments in order to improve margins during a time when traditional domestic markets remain mature and saturated, while low interest rates are hitting investment returns, said the report, titled “European Insurers Continue Overseas Expansion Drive but More Focused in Approach.”

  Although the global reinsurance industry has been able to...

Fitch Ratings has affirmed telecom infrastructure group, Helios Towers Nigeria Limited's (HTN) Long term Issuer Default Rating (IDR) at 'B' with a Stable Outlook. HTN's rating reflects the political and macro-economic uncertainty of the Nigerian market (Nigeria, rated 'BB-'/Negative) as well as the company's revenue visibility and strong growth prospects.

 As Nigerian businesses deal with rising supply chain risks,...

Minister of Information and Culture, Alhaji Lai Mohammed (Middle);...

In line with its commitment to improve the capacity...

BudgIT tasks President Buhari to carry out the disposal...