Tag: Insurance
-
HoS reveals those to benefit from life insurance approved by FEC
Mrs Didi Walson-Jack, Head of Service of the Federation, says the Federal Executive Council (FEC) has approved Group Life Assurance Scheme for government workers, paramilitary and uniformed personnel.
-
Insurers to cover all resolved claims – NAICOM
The National Insurance Commission (NAICOM) has stated that insurance companies are now required to cover the costs of every case it resolves.
-
Police prepare to enforce third-party insurance policy in Delta
The Police Command in Delta State has constituted a special team to enforce the Third-Party Vehicle Insurance policy in the state.
-
Stay away from trouble, protect your assets – By Francis Ewherido
The Nigerian Police Force has announced that from next Saturday, February 1, it will start the enforcement of the minimum Motor Insurance (Third Party) Act for vehicles nationwide.
-
Police fix date to begin enforcement of 3rd party insurance
The Inspector-General of Police (I-G), Kayode Egbetokun, says the Nigeria Police Force will begin enforcement of third-party insurance for vehicle owners in the country.
-
Senate passes 2024 Nigerian Insurance Industry Reform Bill
The Senate has passed the 2014 Nigerian Insurance Industry Reform Bill, following the adoption of the report by the Committee on Banking, Insurance, and other Financial Institutions.
-
Insurance sector key to $1trn economy – NAICOM boss
The Commissioner for Insurance, Mr Olusegun Omosehin, has emphasised the importance of a financially stable insurance sector to achieve Nigeria’s goal of a one-trillion dollar economy by 2030.
-
Edo poll: NPFL reschedules Insurance, Shooting Stars match
The Nigerian Football Premier League (NPFL) has rescheduled the Day 3 Match of the league between Bendel Insurance FC of Benin and Shooting Stars FC of Ibadan to Oct 2. The announcement is contained in a letter addressed to the chairmen
-
Why are insurance companies bigger than banks globally but smaller than banks in Nigeria: A Detailed Analysis
The financial landscape of any country is typically dominated by two powerful sectors: banking and insurance. Globally, insurance companies are often larger and more influential than banks, but this trend does not hold in Nigeria, where banks have a significantly stronger presence than insurance companies. This article aims to explore the reasons behind this divergence,…
-
NPFL: Insurance wallop Doma United 4-0 in Benin
Insurance of Benin on Sunday recorded their heaviest win of the season by thrashing visiting Doma United of Gombe 4-0. Enaruna Michael opened the scoring for the hosts after 28 minutes of play in the Match Day 26 of the Nigeria Premier Football League (NPFL) in Benin.