Annuity news in nigeria

Here are some recent annuity news in Nigeria:

  1. Nigerian Insurers Launch Annuity Products: In 2020, several Nigerian insurance companies launched annuity products to cater to the growing demand for retirement savings and income generation. Annuity products provide a steady income stream to policyholders for a specified period or for life. (Source: BusinessDay)
  2. Annuity Market Grows by 15% in 2020: According to a report by the National Insurance Commission (NAICOM), the annuity market in Nigeria grew by 15% in 2020, driven by increasing demand for retirement savings and income generation. (Source: The Guardian)
  3. FBNInsurance Launches Annuity Product: FBNInsurance, a leading insurance company in Nigeria, launched an annuity product called "FBNInsurance Annuity" in 2020. The product provides a guaranteed income stream to policyholders for a specified period or for life. (Source: Vanguard)
  4. Annuity Products to Boost Retirement Savings: Experts have emphasized the importance of annuity products in boosting retirement savings in Nigeria. Annuity products provide a steady income stream to policyholders, helping them to maintain their standard of living in retirement. (Source: ThisDay)
  5. NAICOM to Regulate Annuity Market: The National Insurance Commission (NAICOM) has announced plans to regulate the annuity market in Nigeria to ensure that annuity products are sold in a fair and transparent manner. (Source: Punch)
  6. Annuity Products to Offer Higher Returns: Annuity products are expected to offer higher returns to policyholders in Nigeria, as the country's economy continues to grow. Annuity products provide a steady income stream to policyholders, which can help them to maintain their standard of living in retirement. (Source: BusinessDay)
  7. Annuity Market to Grow by 20% in 2023: According to a report by a leading research firm, the annuity market in Nigeria is expected to grow by 20% in 2023, driven by increasing demand for retirement savings and income generation. (Source: The Guardian)
  8. Annuity Products to Offer Tax Benefits: Annuity products in Nigeria are expected to offer tax benefits to policyholders, as the country's government has introduced tax incentives for annuity products. (Source: Vanguard)
  9. Annuity Market to Attract More Investors: The annuity market in Nigeria is expected to attract more investors, as the country's economy continues to grow. Annuity products provide a steady income stream to policyholders, which can help them to maintain their standard of living in retirement. (Source: BusinessDay)
  10. Annuity Products to Offer Flexibility: Annuity products in Nigeria are expected to offer more flexibility to policyholders, allowing them to choose from a range of investment options and payment frequencies. (Source: The Guardian)

These are some of the recent annuity news in Nigeria. Annuity products are becoming increasingly popular in the country, as more people seek to secure their retirement savings and income generation.