Continental Re urges industry stakeholders to work together

CONTINENTAL Reinsurance has called on industry stakeholders to work together to increase insurance penetration on the continent of Africa. The Group Managing Director, Dr Femi Oyetunji, who said this during the 10-year anniversary celebration of the company’s presence in Kenya, noted that  the company’s  journey in Kenya has been inspired by various factors namely: a…

PoS transactions rise by 57% to N1.6tr in Q3’18

VALUE of Point of Sale (PoS) transactions grew by 57 percent  quarter-on-quarter, QoQ, to N1.6 trillion in the third quarter of 2018, Q3’18, from N1.02 trillion in Q2’18, while    Nigerians opened 4.4 million bank accounts during same period. The new bank accounts opened during the quarter comprise 3.4 million savings accounts and 800,000 current…