The FG has raised the premium rates for vehicle insurance. Eko Hot Blog reports that vehicle owners in Nigeria are set to pay higher premium rates for insurance after the Federal Government, through the National Insurance Commission (NAICOM), increased the rates. EDITOR’S PICKS CBN Taking Our Financial Freedom from Us with ‘Suffocating’ Monetary Policies Renewed … Read more
NAICOM Withdraws Operating Licences Of 2 Insurance Companies. The insurance regulator, on Tuesday, said it has cancelled the Certificates of Registration of Niger Insurance Plc and Standard Alliance Insurance Plc. EDITOR’S PICK BREAKING: Reps Set To Extend Service Year Of Legislative Staff JUST IN: Drama As PDP Gives Ex-President Obasanjo 48hrs To Clarify Atiku’s ‘Regret’ … Read more
IFC, a member of the World Bank Group, has signed an agreement with Africa Reinsurance Corporation(Africa Re) to help thousands of small holder Nigerian farmers to access insurance more easily to protect their crops and livelihoods. Under the agreement, Africa Re, a pan-African reinsurance company headquartered in Nigeria, and IFC’s Global Index Insurance Facility … Read more