The Nigeria Deposit Insurance Corporation (NDIC) has said that the 20 banks mentioned in reports making rounds are not among the financial institutions closed this year but rather, had been previously closed due to the revocation of their operating licenses
As individuals and organizations, even governments, involved with the insurance industry in Nigeria, these are the things that keep us connected every week. One thing though that no one dares to talk about is the other room of the
Nigeria has launched the Insurance Sector 10-Year Strategic Roadmap and Guidance Note for the Insurances of Government Assets and Liabilities. This was at the 2023 National Insurance Conference which held at the Ladi Kwali Hall, Abuja Continental Hotel which served as
Chairman of Heirs Holdings Group, Heirs Insurance Group & UBA Group Tony Elumelu has made a case for youth inclusion in insurance as Nigeria grapples with insurance apathy. He made this case while delivering the Key note address at the
As part of the National Insurance Commission’s drive to ensure optimal participation in the 2023 National Insurance Conference, the Commissioner for Insurance, Olorundare Sunday Thomas and a delegation from NAICOM, paid a courtesy visit on the Minister for Housing
By Ekerete Ola Gam-Ikon Of the Sixty-seven (67) licensed insurance companies operating in Nigeria, as recently confirmed by the National Insurance Commission (NAICOM), there are many that are wholly owned (100%) by Nigerians and have certain peculiarities that I
By Ekerete Ola Gam-Ikon How do I know? You may ask and I will draw your attention to the many aspects of our lives that have INSURANCE as “their surnames”. Very interesting! Car, home, phone, mobile, sports, entertainment, infrastructure, credit,
By Ekerete Ola Gam-Ikon It is with a very excited mind that I am engaging the second part of an “interesting write-up” as a number of feedbacks I received described the first part. If the character of the insurance industry
What do you record when you see and hear that our population is growing, and will put our country, Nigeria at the World’s No. 3 position by 2050?! If you’re not doing anything that the changes in our
In the BUSINESS of NUMBERS, what matters are the numbers! It is always about those available versus those that actually become subscribers and users. Basically, there are: Available number of people that can use the products and services across
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