Category : Search result: International Energy Insurance


Universal Insurance Plc Bets on Tech for 2026 Expansion

Universal Insurance Plc CEO Japhet Duru reveals a 2026 strategy focused on digital innovation to enhance customer experience and expand market share. Learn how technology is reshaping Nigeria's insurance sector.

18 Insurers Ready for NAICOM Capital Verification

Only 18 out of over 50 insurers are ready for NAICOM's capital verification ahead of the July 30 deadline. The exercise aims to strengthen the sector and boost claims payment. Read more.

Tinubu Hails Otedola, Elumelu for Landmark Energy Deals

Wale Tinubu commends Femi Otedola and Tony Elumelu for major transactions reshaping Nigeria's energy sector. Otedola's Geregu Power exit and Heirs Energies' Seplat stake acquisition signal strong investor confidence. Read more.

Energy Emerges as Decisive Factor in Global AI Race

The global AI race is pivoting from chips to energy. With data centres demanding massive power, reliable electricity is now the key advantage. See how the US, China, and Europe are positioned.

Lady Switches to Solar, No More Blackouts

Nsikak Effiong spent N800k on fuel before installing solar. She now enjoys 24/7 power, gave away her power bank, and says it's the best decision ever.

Airport Police Nab Suspect in N1bn Romance Fraud

A 20-year-old man was arrested at MMIA Lagos over a massive international romance and celebrity fraud scheme exceeding ₦1 billion. Read the full details of the police operation.

Insurer pays N35.3bn claims by Q3 2025

Mutual Benefits Assurance Plc paid N35.3 billion in claims by September 2025, a record high. The payout shows strong commitment to policyholders amid economic challenges. Read the full breakdown.

NIPCO to Boost Stake in Savannah Energy to 26.5%

Savannah Energy ends its share buyback, freeing £10m. NIPCO plans to increase its stake to 26.5% via secondary market deals. A new relationship agreement aims to protect minority shareholders. Read the full details.

AIICO Insurance Repositions Brand for Market Growth

AIICO Insurance Plc has launched a refreshed brand identity to drive innovation and expand its market reach in Nigeria. The move aims to rebuild public confidence and cater to a younger, tech-savvy customer base. Read more.

Universal Insurance Gets BBB- Rating from Agusto & Co

Agusto & Co assigns a BBB- rating with a stable outlook to Universal Insurance Plc, citing strong 2024 results, robust solvency, and improved profitability. Discover the key figures behind the rating.

NIPCO saves N44m yearly with solar at fuel stations

NIPCO Plc has cut energy costs by N44.4 million annually after switching three fuel stations to hybrid solar power. The move eliminates grid reliance and reduces carbon emissions. Discover how renewable energy is transforming Nigeria's retail fuel sector.

Osun Trains 1,000 in Waste-to-Energy Conversion

Osun State empowers 1,000 youths and women with practical skills to convert waste into clean energy and income. The initiative targets green entrepreneurship and a circular economy.

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