Chibisa House

19 Glyn Jones Road

PO Box 501

Blantyre, Malawi

+265-1-831 902

nico@nicomw.com

NICO Group promotes film industry

PHOTO 2021 09 09 18 47 40

NICO Group has announced the sponsorship of MK10,000,000.00 towards the premiere of the Highbrow movie premier set for September 2021.

NICO Group Head of Marketing and Customer Experience, Lorraine Phiri, said the group is thrilled to witness the local film industry blossoming. 

“This sponsorship is to support the entertainment industry and we believe that it is possible to create employment through creative jobs,” Phiri said. 

Continue Reading

NBS Bank half-year profit up 55% to K4.4bn

Kwanele Ngwenya Chief Executive Officer for NBS Bank plc 12

NBS Bank plc has weathered the Covid-19 storm by reporting a 55 percent increase in half-year profit to K4.4 billion from K2.8 billion during the same period last year.NBS Bank plc has weathered the Covid-19 storm by reporting a 55 percent increase in half-year profit to K4.4 billion from K2.8 billion during the same period last year.
In a joint statement accompanying a summary of unaudited consolidated results for the six months ending June 30 2021, the Malawi Stock Exchange-listed bank said it navigated challenges presented by Covid-19 to deliver a robust financial performance through continuous focus and implementation of its five-year strategy aimed at accelerating digital transformation, building a strong balance sheet and enhancing efficiencies.

Continue Reading

Appointment of CEO for NICO Capital

Ben 1

As part of the growth and diversification strategy, NICO Group has established a new company, NICO Capital Limited. NICO Capital is an investment and financial advisory company and has since been incorporated and licensed by the Reserve Bank of Malawi. The company, which becomes the group's ninth subsidiary, became operational on 1st July 2021 and is currently housed in NBS House along Victoria Avenue in Blantyre.

Continue Reading

NICO Pension, NICO Capital Incorporated Into Stand-Alone

Chairman

In its endeavor to continue providing relevant, affordable and innovative financial solutions to its customers, NICO Group has incorporated NICO Pension and NICO Capital into its stand-alone subsidiaries.

NICO Pension is to be delinked from NICO Life while NICO Capital has been hived off from Asset Managers to focus on capital raising initiatives for clients as well as for the Group.

This is for future growth going forward after 50 years of existence of providing general and life insurance, pension administration services, banking, asset and capital management and infrastructure development and property management services.

This was announced by NICO Group’s Board of Directors chairman, Gaffar Hassam during a virtual annual general meeting on Friday, which approved the Group’s 2020 financial report and dividend declaration for shareholders.

Continue Reading

NICO donates to KUHeS

NICO Pensions General Manager, Gerald Chima (far left) and Dr Arox Kamng'ona (Far right) with the three beneficiaries in the middleNICO Pensions General Manager, Gerald Chima (far left) and Dr Arox Kamng'ona (Far right) with the three beneficiaries in the middle

The NICO Group has donated laptops to female students at Kamuzu University of Health Sciences (KUHeS), formally known as College of Medicine, in a bid to assist the students with their online lessons.

This follows similar donations to Malawi University of Science and Technologies and Malawi University of Business and Applied Sciences, formally known as The Polytechnic, made earlier this year.

Continue Reading

Our Companies

NICO General
NICO Life
NICO Technologies
NICO Asset Managers
NICO Zambia
NBS Bank
NICO Pension
Eris
All Rights Reserved © 2021 NICO Holdings PLC.
Press enter to search
Press enter to search