By Akin Kuponiyi A Federal High Court in Lagos, Southwest Nigeria has adjourned till 27th of March, 2018 for hearing a N340 million suit filed against Cornerstone Insurance Company, and one of its subsidiary, Cornerstone Assurance by a Nigerian actor, Mr Ahmed Afolabi Roleola for alleged unauthorized use and exploitation […]
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NAICOM accuses insurers of giving over N650bn discounts
Leave a comment and share Chuks Udo Okonta The National Insurance commission (NAICOM) has said insurance companies carry risks that are over N1 trillion, retain N350 billion premium income and discount over N650 billion. The Deputy Commissioner, Technical, NAICOM, Thomas Sunday; who disclosed this at a forum in Lagos, noted […]
Ambode commends Lagos state workers
Ambode Leave a comment and share Chuks Udo Okonta Lagos State is experiencing exponential growth because of its team of workers, Governor, Akinwunmi Ambode, has said. Ambode who spoke on the topic, “Coaching for Higher Performance” during an ongoing 2-day training programme for the State Public Service said they have […]
NAICOM to owners of ailing firms, recapitalise or face ‘the needful’
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has written to owners of ailing insurance firms presently under its intervention to urgently recapitalise to prevent it from doing ‘the needful’. Deputy Commissioner, Technical, NAICOM, Thomas Sunday; who disclosed this at a forum in Lagos, said […]
Royal Exchange Group Managing Director wins award
From left: Group Managing Director, Royal Exchange Plc, Alhaji Auwalu Muktari receiving the award from the Publisher, Vanguard newspaper, Sam Amuka, at the event in Lagos. The Group Managing Director, Royal Exchange Plc, Alhaji Auwalu Muktari, has been awarded the Outstanding Chief Executive Officer of the Year (Insurance), by the […]
Photo: Executives of Budget Office paid a courtesy call to NAICOM
From left: Deputy Commissioner (Finance & Administration), National Insurance Commission, George Oneknena; a member of staff, Budget Office, Director-General, Budget Office, Ben Akabueze and Commissioner for Insurance, Mohammed Kari at the event today in Abuja.
Rage of senior citizens
Pensioners are unhappy with the Federal Government. They are not paid promptly by the National Pension Commission (PenCom); interest is not paid on accrued rights held at the Central Bank of Nigeria (CBN) since the commencement of the Contributory Pension Scheme (CPS); and calculation of pension entitlement is opaque, among […]
Soyinka urges young entrepreneurs to embrace insurance
Soyinka Leave a comment and share Chuks Udo Okonta The Managing Director/CEO of Sovereign Trust Insurance Plc, Olaotan Soyinka, has called on young and budding Entrepreneurs in the country to make insurance an integral part of their commercial enterprise. A statement by the Head, Corporate Communications & Brand Management Sovereign […]
Underwriter applies for national microinsurance licence
From left: Deputy Commissioner, Technical, National Insurance Commission, Thomas Sunday; President, Chartered Insurance Institute of Nigeria, Mrs Funmi Babington-Ashaye; Managing Director, Financial Institutions Training Centre, Dr. Lucy Newman and Managing Director, B. Adedipe & Associates, Dr. Biodun Adedipe at the event. Leave a comment and share Chuks Udo Okonta One […]
What insurance bussiness needs to thrive, excel in 2018 – Experts
From left: Deputy Commissioner, Technical, National Insurance Commission, Thomas Sunday; President, Chartered Insurance Institute of Nigeria, Mrs Funmi Babington-Ashaye; Managing Director, Financial Institutions Training Centre, Dr. Lucy Newman and Managing Director, B. Adedipe & Associates, Dr. Biodun Adedipe at the event. Leave a comment and share Chuks Udo Okonta To […]
