Author: InvestAdvocate

Auto credit scheme: Banks impound defaulters’ vehicles

Monday, 18 Oct 2010       Scores of beneficiaries of auto credit scheme are losing their cars as banks repossess vehicles from loan defaulters, Punch’s RASHEED BISIRIYU reports   Many commercial banks have ordered the repossession of all new cars whose owners have failed to pay back loans taken […]

Insurers can earn N50bn from retail products – Anchor boss

By Nike Popoola Monday, 18 Oct 2010 The Managing Director, Anchor Insurance Company Limited, Mr. Ademayowa Adeduro, has said that the industry can earn N50bn from the retail market, if the market is well developed. He said this while speaking during a press conference on the company‘s upcoming brokers‘ event in […]

Ensuring compliance with insurance laws

By Nike Popoola Monday, 18 Oct 2010  To ensure the success of the compulsory insurance laws, all the sub-sectors that make up the insurance industry need to collectively strategise on their implementation. NIKE POPOOLA writes on the factors affecting the implementation of such statutory policies. For decades, the development of the […]