Business

PenCom launches monitoring platform to enforce pension compliance

  • 15th June 2026

Dangote refinery cuts West Africa fuel imports

  • 15th June 2026

Brent drops below $84 as Hormuz reopening plan

  • 15th June 2026

IMF urges Nigeria to tax telecom services, extend

  • 14th June 2026

Contact Info

Some Populer Post

Nigeria’s domestic gas sales rise 30% on PIA reforms

Oil and Gas

Nigerians, others borrowed $3.18bn airtime credit in 2025 —

featured Finance

Food beverage firms cut jobs amid rising costs

featured Food

ATM, e-banking charges push banks’ earnings to N224.69bn

Banking

Tag: AIICO

featured Insurance

AIICO shareholders approve ₦4.4bn dividend, appoint new directors

Shareholders of AIICO Insurance Plc has given the company approval to pay dividend of 12 kobo per share, amounting to N4.4 billion. Vanguard reported that at the company’s annual general meeting in Lagos, the company also appointed three professionals to the Board as Non-Executive Directors: which are Tunde Mabawonku, as a Non-Executive Director, bringing over […]

Insurance industry grew by 16.99% in Q3 - NBS
featured Insurance

AIICO, AXA account for 61% of ₦288bn insurance claims in 2025

Top insurance companies listed on the Nigerian Exchange paid a combined N288.85 billion in claims in 2025, reflecting a significant 38.17 per cent year-on-year increase compared to the N209.05 billion recorded in 2024. AIICO Insurance and AXA Mansard together accounted for over 61 per cent of total claims paid. The data, compiled by the Nairametrics […]

News

Motor insurance vital safety net for road users – AIICO

AIICO Insurance has stated that third-party motor insurance is not just a legal requirement but also a vital protection for all road users. This comes as the police began nationwide enforcement of the policy on February 1, aiming to reduce the number of uninsured vehicles and ensure financial security in case of accidents. Third-party motor […]

News

AIICO Board approves audited financial statement for 2023

The Board of Directors of AIICO Insurance Plcs announced the approval of the Group’s Audited Financial Statement for the period ended December 31, 2023. This was disclosed in a notice filed by the Company Secretary, Donald KANU with the Nigerian Exchange Limited on Friday. This follows the recent announcement to the investing public and NGX […]

AIICO purchases 5% stake in InfraCredit
Business

AIICO purchases 5% stake in InfraCredit

AIICO Insurance Plc has been admitted as the second private domestic institutional investor in InfraCredit following Leadway Assurance Plc’s initial involvement. The Times revealed that AIICO’s investment equals 5% of the institution’s share capital, according to the press release announcing the move. This strategic move increased InfraCredit’s paid-in capital base to $175.14 million (N148.55 billion), […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in