Tag: Insurance
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Bauchi workers lament absence of health insurance cover
Some workers in Bauchi have expressed concern over the delay in the implementation of the health insurance services under the Bauchi State Health Contributory Management Agency (BASHCMA).
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Truly, we are all prisoners – By Francis Ewherido
One of my earliest articles in this column was titled “prisons.” I cannot remember the details of what I wrote anymore, but I remember what inspired me to write it: We are all prisoners of our upbringing, environment, circumstances, thoughts, habits, etc., which all come together to form our character and define who we are.
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NPFL: Akwa United, insurance share spoils in Benin
Akwa United FC on Saturday played out a goalless draw at the Samuel Ogbemudia Stadium, Benin City to earn their first away point of the 2023/2024 NPFL season.
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Nigerian insurers association plans accident insurance cover for travellers
The Nigerian Insurers Association (NIA) has unveiled plans to partner with the Federal Government, for an accident insurance cover designed to protect Nigerians on transit. During the association’s 52nd Annual General Meeting held in Lagos state, the Director-General of NIA Yetunde Ilori, announced the collaboration, adding that the initiative aims to reduce untimely deaths and…
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TNG Deal Breakers: We could all be saving to save our economy –– the insurance way
Let’s say 10 million Nigerians, both from the formal and informal sectors, are incentivized to save N10,000 monthly; this would give the economy N100 billion each month and N1.2 trillion in a year. In five years which (in economic terms is a medium-term) this comes to N6trillion. Pretty simple, isn’t it?
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TNG Deal Breakers: Why the Nigerian system wants insurance to clean up the cybercrime mess
In the early 2000’s the National Insurance Commission had invited a cybercrime expert as a guest speaker during one in the series of its monthly interactions with CEOs and other executives of insurance companies.
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TNG Deal Breakers: This isn’t insurance!
Pensions, Social Security, Workmen’s Compensation, cargo insurance and bonds were once the exclusive turf of insurance underwriting. These are now history as the new normal is the insurance of things by subterfuge and undertaking. Underwriting no longer requires a certified professional but the deployment of artificial intelligence known for short as AI.
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Increase in Third Party Insurance premium – By Francis Ewherido
A circular dated December 22, 2022, from the National Insurance Commission (NAICOM) increased the premium and limit of liability of various classes of motor insurance. Private motor third property limit was increased from N1m to N3m; own goods limit was increased to N5m; staff bus was increased to N3m; trucks/general cartage; special types was increased…
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TNG Deal Breakers: In The Beginning
Whilst we were yet adults, we learnt of the cliché, “let my people go” which when translated infers the minimum position to scale through a requirement. In academics, it is called a pass. It means you may pass to the next level or class on your personal best and not on the competitive best. Pass…
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TNG Deal Breakers: When the world changed… were we alive?
Over the past two decades, there have been several attempts by governments in Nigeria to find alternatives to imported wheat flour used mainly in bread making. Cassava flour was forcefully promoted as a replacement or complete option in the quest for fair comparative advantage to boost local production as well as reduce dependence on imports…