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The Growing Insurance Fraud In Nigerian

The Nigerian insurance sector is said to be faltering due to lack of attention and development of the sector. The sector is said to be contributing a meagre 0.4 percent to Gross Domestic Product (GDP) even though economists believe the GDP can make up...

Compensation: NAIC Pays N1.3bn To Farmers’

 Mr. Bashir Binji is the Acting Managing Director of Nigeria Agricultural Insurance Corporation (NAIC). In this interview with ourActing Editor, Ewache Ajefu, the insurance guru bares his mind on how Agric Insurance has become a safe haven for farmers and other agric investors, apart...

Investors Shun NAICOM’s N350m Micro Insurance Licence

The National Insurance Commission’s (NAICOM’s) plan to reach the grassroots through its microinsurance scheme seems to have hit the rock as investors within and outside the country do not show interest in purchasing the N350 million licence to register a microinsurance firm. Findings revealed that...