Kindly leave a comment and share Chuks Udo Okonta NNPC Limited said it has acknowledged recent reports in national newspapers regarding the company’s significant debt to petrol suppliers. This financial strain is noted has placed considerable pressure on the Company and poses a threat to the sustainability of fuel supply. […]
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Mutual Benefits Assurance empowers journalists
Kindly leave a comment and share Chuks Udo Okonta Mutual Benefits Assurance Plc has called for media support in ensuring policy changes, shaping public understanding of insurance and deepening insurance penetration in Nigeria. The Managing Director/Chief Executive Officer of Mutual Benefits Assurance Plc., Mr. Femi Asenuga, made the call in […]
Sovereign Trust Insurance pays N1.91bn claims half year 2024
Kindly leave a comment and share Chuks Udo Okonta Sovereign Trust Insurance Plc said it paid N1.91 billion claims to policyholders in half year 2024, a feat which showed its commitment to customer satisfaction evident by prompt claims resolution. The underwriting firm in its released claims payment report for the […]
NAICOM, NSITF to set up joint committee to drive collaboration
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) and Nigeria Social Insurance Trust Fund (NSITF) have agreed to set up a joint committee to drive collaboration, harness the contribution of insurance generally to national output and also boost growth potentials of the insurance sector […]
NAICOM pledges support to Nigerian Factoring Working Group
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has pledged full support to the development of Nigerian Factoring Working Group. The Commissioner for Insurance Olusegun Omosehin, said this when he hosted a delegation from the Nigerian Factoring Working Group in his office in Abuja […]
NAIC sympathizes with flood victims, assures prompt payment of claims
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Agricultural Insurance Corporation (NAIC) has sympathized with flood victims across the country, informing them that it shares their pains and agony and would stand with them at this trying period. In a statement issued from the office of the […]
NCRIB-LAC, ICAN educate brokers, Insurers on sustainability reporting
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers Lagos Area Committee (NCRIB-LAC) in partnership with Institute of Chartered Accountants of Nigeria (ICAN) have organised a workshop to educate insurance brokers and underwriters on sustainability reporting. The training tagged: ‘National Workshop on Sustainability […]
Insurance industry debunks claims of incapacity to underwrite aviation risks
Kindly leave a comment and share Chuks Udo Okonta Against the backdrop of pessimism that the Insurance Industry lacks capacity to underwrite evolving aviation risks, the industry operators have debunked the belief, noting that though the aviation industry is an evolving landscape with several advancements, the insurance industry was best […]
NCC sets September 14, 2024 as final deadline for NIN-SIM linkage compliance
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Communications Commission (NCC) is pleased to announce significant progress in the Federal Government’s 2020 policy to link all Subscriber Identification Modules (SIMs) to National Identity Numbers (NINs). To date, over 153 million SIMs have been successfully linked to a […]