Kindly leave a comment and share Chuks Udo Okonta One thing common among rich people is the fear of falling into poverty. This is why most of them don’t joke with insurance, which serves as a means to prevent poverty. From interactions with some well to do individuals, I observed […]
Insurance
8,300 agents exit insurance agency network
Kindly leave a comment and share Chuks Udo Okonta There are fears over the future of Nigeria’s insurance agency network, as available data revealed that about 8,300 agents have left the industry in recent time. Data obtained from the website of Nigerian Insurers Association (NIA) showed that before now the […]
NCAA suspends XeJet operations over alleged fake insurance certificate
Kindly leave a comment and share The Nigeria Civil Aviation Authority (NCAA), on Wednesday, suspended the operations of XeJet over alleged fake insurance certificate. A letter referenced, NCAA/DGCAIGC/8/16/628, titled; Notice of Suspension of the Air Transport License (ATL) and Air Operators Certificate (AOC) EXJETJAOC/01-22/00, signed by the Director General, NCAA, […]
How self insurance harms you
Kindly leave a comment and share Chuks Udo Okonta Many people believe they can manage their risks, hence don’t consider insurance in their financial plan. This belief is known as self insurance. The concept of self insurance has led many people into poverty and even death as they were unable […]
NCRIB sets October 19, 2023 for investiture of incoming President Babatunde Oguntade
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) has set Thursday, October 19, 2023 for investiture of its incoming President Prince Babatunde Oguntade. The President of NCRIB, Rotimi Edu, said this yesterday at the August 2023 Edition of NCRIB Members’ Evening […]
PenCom hammer dangles on employers submitting incomplete remittance documentations to PFAs
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has given employers with incomplete remittance documentations till December 31, 2023 to provide their Pension Fund Administrators (PFAs) requisite information to facilitate the crediting of pension contributions into the employees RSAs or face regulatory actions. PenCom […]
How you can earn retirement benefits payments from both annuity and programmed withdrawal
Kindly leave a comment and share Chuks Udo Okonta Many workers at the point of retirement get trapped in dilemma of choosing either annuity or programmed withdrawal as best monthly benefits payments. But recent events in the country have shown that both have limitations. Owing to the emerging limitations occasioned […]
NIA DG charges guild members to esteem professionalism
The Director-General, Nigerian Insurers Association (NIA) Mrs. Yetunde Ilori, has charged Guild of Marine Surveyors members to live above board, esteemed professionalism and good competence while offering their services. She said this while speaking on the topic: ‘Championing Professionalism and Competence in Effective Service Delivery’ at the Second Monday Ogadina […]
Leadway Assurance provides vital expertise to farmers amidst anthrax outbreak concerns
Kindly leave a comment and share Chuks Udo Okonta Leadway Assurance, one of Nigeria’s foremost players in Nigeria’s insurance landscape, has taken assertive measures to offer critical risk mitigation guidance and support to Nigerian farmers in response to the escalating concerns surrounding the recent anthrax outbreak that has impacted livestock […]
AIICO partners ETAP to redefine car insurance for Nigerians
Kindly leave a comment and share Chuks Udo Okonta AIICO Insurance, Nigeria’s trusted insurance titan with six decades of excellence has partnered with ETAP, an insurance technology company that creates solutions and incentives to improve the automotive experience across Africa, to drive increased penetration of car insurance in Nigeria. AIICO […]