The Director-General, Nigerian Insurers Association, Mr. Sunday Thomas, has said that the insurance industry is targeting a premium volume of N6tn by the year 2020. He said this at the Association of Registered Insurance Agents of Nigeria’s conference and national award ceremony in Lagos on Thursday. He said, “Insurance industry […]
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Operators to introduce terrorism insurance
Some insurance firms have expressed their intention to introduce policies to protect citizens against terrorism and political violence. A statement on Friday disclosed the firms’ resolve during a day seminar organised by FBN Insurance Brokers and Continental Reinsurance Plc with the collaboration of UIB Group The Acting Managing Director and […]
Banks set for cashless transactions
The 24 Deposit Money Banks in the country have expressed their readiness to commence the cashless transactions regime, called ‘operations cash-lite,’ following the full implementation of the Nigerian Uniform Bank Account Number Standard scheme. A statement made available to our correspondent on Friday said the new number regime had enabled […]

