Modestus Anaesoronye

1 week ago | businessday.ng | Modestus Anaesoronye

emPLE Life Assurance Limited has unveiled an endowment policy called BETA Life, designed to empower Nigerians to grow their wealth, secure their future, and protect what matters most. In a market where financial uncertainty and underinsurance remain widespread, BETA Life offers a refreshing alternative. The product offers a unique combination of protection and savings in one simple, flexible plan, helping Nigerians meet their financial goals while staying protected through life’s uncertainties.

1 week ago | businessday.ng | Modestus Anaesoronye

FSD Africa Investments (FSDAi), a UK-backed specialist development finance investor, is set to invest £10 million into ARM-Harith’s Climate and Transition Infrastructure Fund (ACT Fund), which is expected to unlock local institutional capital for climate infrastructure. ARM-Harith Infrastructure Investment Limited is a leading African private equity firm committed to catalysing economic growth through sustainable infrastructure.

1 week ago | businessday.ng | Modestus Anaesoronye

Nigeria’s Micro Pension Plan (MPP) expected to drive penetration of the country’s pension scheme is dragging due to economic hardship facing individual and businesses. While individuals and households are struggling to meet basic needs following high cost of living and rising inflation, small businesses that are supposed to key into the MPP are struggling to remain afloat as result of declining purchasing power of consumers.

1 week ago | businessday.ng | Modestus Anaesoronye

Alan Jervis, London based insurance expert will lead discussion on how Marine, Energy and Liability underwriting business could enhance Nigeria’s contribution to economic and social developments in Africa. He was elected as a fellow of the Chartered Insurance Institute in 1985 and has over 40 years insurance experience, having worked as an underwriter and claims adjuster in the London, Canadian, American and French insurance markets.

1 week ago | businessday.ng | Modestus Anaesoronye

Pension Fund Administrators (PFAs) are retreating from government securities and diversifying to other assets that promise them higher returns. In 2019, PFAs’ exposure to government securities stood at 71 percent, but this has reduced to 62 percent this year.