Every Nigerian takes bribe – NBS Report

By Nicholas Ibekwe, Bassey Udo and Oladeinde Olawoyin   An overwhelming percentage of Nigerians will accept a bribe when offered or pay a bribe when demanded the Nigerian Corruption Survey 2017 published by the National Bureau for Statistics (NBS) has […]

Agric Insurance: Nigeria and Morocco sign agreement

Nigeria and Morocco have set up a steering committee to develop a sustainable crop insurance scheme for the country. The committee comprises representatives of the Nigerian Agricultural Insurance Corporation (NAIC), Bank of Agricultue (BOA), the Moroccan agricultural insurance company, MAMDA […]

Why Local insurers lose 90% of big risks to foreign firms?

• Operators link survival of sector to govt’s policy The nation’s insurance sector may be far from meeting the local content objectives of the Federal Government as it is currently losing about 90 per cent of the big risks in […]

FBN General gets new Executive Director

FBN General Insurance Limited has announced the appointment of Babatunde Mimiko as Executive Director.In a statement obtained from the company by The Guardian, Bode Opadokun, Managing Director/Chief Executive Officer, FBN General Insurance was quoted as saying; “Mimiko brings on board […]

Fire Insurance: Insurer pays N21 million claims to a furniture company

… As claims settlement hit N500m In a bid to gain back the confidence of general public in taking insurance covers across the country, Anchor Insurance Company Limited is determined for prompt settlement of genuine claims to policyholders in the […]

AXA Mansard resumes annuity business

A global leader in insurance and asset management, AXA Mansard Insurance Plc, has resumed the sale of annuities business nationwide in line with the joint guidelines released by the National Insurance Commission (NAICOM), and the National Pension Commission (PenCom).AXA Mansard’s […]