Wednesday, 24th April 2024
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Insurance

16 hours ago
Ordinarily, the life we lead is often confounding, confusing, and challenging, thus necessitating our dependence on culture, religion, philosophy, and mystique.
9 Apr
The federal government has expressed its readiness to engage industry professionals for policies that would drive economic sustainable development.
11 Mar
Every year, since 1910, we have been celebrating the International Women’s Day and this year, the message is not different: Everybody should work to engender an environment where more women are given opportunity to be relevant and contribute towards socio-economic development in our communities.
20 Feb
The Nigerian Council of Registered Insurance Brokers (NCRIB) has called on the Ministry of Marine and Blue Economy to make clear to the government the roles of insurance in stimulating and sustaining the economic development of the country.
5 Feb
If the moves by insurance technology (Insurtech) companies are anything to go by, there are glimmers of hope for the insurance industry, which has suffered neglect over the years.
22 Jan
In consideration of the current economic situation in Nigeria, experts in the insurance industry have stressed the need for underwriting firms to examine risks, consolidate gains and invest in new technologies.
6 Jan
The Group Managing Director, Afrinvest West Africa, Ike Chioke, has reiterated the company's commitment to supporting the youth towards achieving their life goals. He spoke ahead of the Bendel Insurance Football Club of Benin match against Rangers International of Enugu. The Afrinvest West Africa chief promised a N2.5m prize to the winning team. The match…
28 Dec
As part of measures to boost insurance penetration in the country, FBN Insurance Brokers (FBNIB) has launched the First Cover, a digital brokering platform aimed at deepening insurance penetration in the country. Speaking at the end-of-year party and launch of First Cover, the Managing Director of FBN Insurance Brokers, Olumide Ibidapo noted that despite the…
27 Nov
The insurance index led the gainers’ chart at the end of last week's transactions on the equities sector of the Nigerian Exchange Limited (NGX) with 4.1 per cent, buoyed by buying interest in Sovereign Trust Insurance...
16 Oct 2023
The insurance industry has revealed plans to increase the adoption of the Nigerian Insurance Industry Portal (NIIP) to address the counterfeiting of third-party vehicle insurance. This was disclosed at the 2023 Chartered Insurance Institute of Nigeria – Offices Representatives Committee (CIIN-ORC) Workshop by the Director-General of the Nigerian Insurers Association (NIA), Yetunde Ilori. She said…
13 Oct 2023
Insurance experts have called on underwriting firms to take advantage of technological innovation to drive product penetration for increased contributions to the economy. The need for deeper technology adoption in product management was one of the issues raised by experts, who gathered at the second edition of ‘Insurance Meets Tech’ (IMT) with the theme: “Unlocking…
15 Aug 2023
The Nigeria Civil Aviation Authority (NCAA) has directed all allied aviation service providers to comply with the Nigerian Civil Aviation Regulations (Nig. CARs) 2022 on insurance cover. The directive is contained in a letter referenced by the NCAA/DG/AIR/11/16/369, dated 11th August, 2023 addressed to all airlines as well as allied aviation services providers. The letter…

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Hearing in two separate money laundering suits filed by the Economic and Financial Crimes Commission (EFCC) against British national, James Nolan, could not proceed on Wednesday at a Federal High Court, Abuja.
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Iranian goalkeeper Hossein Hosseini has been banned by the Iranian Football federation for Hugging a female fan after a football game. The goalkeeper was banned and fined of approximately #6.2Million for his actions which is against the country's policy as far as both genders are concerned. The incident unfolded when a female supporter's hijab slipped,…
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President Bola Tinubu has called on the nation’s Judiciary to embark on reforms that will ensure functional justice system and support economic growth.
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Dr. Umar Ganduje, the National Chairman of the All Progressives Congress (APC), has said that the party would provide solutions to the challenges bedevilling the country. Ganduje stated this during the APC grand finale campaign and the presentation of party flags to the 11 local council chairmanship candidates, on Wednesday in Gombe. The News Agency…
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Nigerian chess master and founder, ‘Chess in Slums Africa’, Tunde Onakoya has returned to Nigeria after he broke the Guinness World Record for the longest time playing chess without losing a game. Onakoya broke the record of Norwegian players, Hallvard Haug Flatebø and Sjur Ferkingstad, who played for 56-hour, 9-minute in 2018. He made his…
3 hours ago
The Rivers Commissioner for Finance, Mr. Isaac Kamalu, resigned his appointment on Wednesday. He is the second commissioner to resign from the cabinet on Wednesday after Gov. Siminialaye Fubara, announced a slight cabinet reshuffle on Tuesday. The first to resign was Prof. Zacchaeus Adangor, Attorney-General and Commissioner for Justice. In the cabinet reshuffle, the governor…
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In furtherance of efforts to sanitize the mining sector, the federal government has revoked 924 dormant licences spanning exploration, mining, small-scale mining, and quarrying Licenses, six months after revoking 1,663 licences. The revocation licences include 528 exploration licenses; 20 mining licences; 101 quarry licenses, and 273 Small Scale Mining Licenses (SSML). Minister of Solid Minerals…
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The Tertiary Education Trust Fund (TETFund) said over 2.5 million Nigerian students have so far enrolled on its Tertiary Education, Research, Applications and Services (TERAS) platform. Executive Secretary of the Fund, Arc. Sonny Echono stated this on Wednesday in Abuja at the Second Registrar's workshop and 75th business meeting of the Association of Registrars of…
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