Tag: Insurance
NAICOM gives insurers December 31 deadline to clear outstanding claims
The National Insurance Commission (NAICOM) has given insurance companies a December 31, 2024, deadline to clear all outstanding claims.
The Head of Communication and Stakeholders...
Mining tragedy: Alake condoles victims, vows to enforce miners insurance
Minister of Solid Minerals Development Dele Alake has reaffirmed the federal government's commitment to enforcing insurance policy for mine workers in Nigeria.
Representing President Bola...
Banks, insurance stocks boost equity market with N14bn
The equity market closed on a positive note on Friday, May 31, 2024, increasing the market capitalisation by 0.02 per cent due to investors’...
NDIC raises banks’ deposit insurance coverage to N5m
The Nigeria Deposit Insurance Corporation (NDIC) has increased the maximum deposit insurance coverage for depositors of all licenced deposit-taking financial institutions in event of...
Insurance firms pay N9bn #EndSARS claims, N11bn outstanding
Insurance companies will eventually pay about N20 billion in compensations to losses recorded at the October 2020 #EndSARS protests.
Speaking with the News Agency of...
Lagos targets 3m residents for health insurance
The Lagos State Health Management Agency (LASHMA) says it plans to enrol no fewer than three million residents into the state health insurance scheme...
