Keep off 3rd party insurance policies for vehicles, NCRIB warns VIOs
The leadership of the Nigerian Council of Registered Insurance Brokers (NCRIB) and Chief Executive Officer of CBO Insurance Brokers, Dr Bola Onigbogi, has called on Vehicle Inspection Officers (VIOs) across the states to stop issuing third party insurance policies for…
Is FG running out of economic recovery and growth ideas?
In view of recent outbursts of economic development pundits on the current state of the Nigerian economy, their aggregate argument seems to suggest that either the Federal Government’s Economic Recovery and Growth Plan (ERGP) is not yielding results or the…
Emerging amendments of the 2003 Insurance Act to force interest on delayed claims
If the ongoing amendments of the 2003 Insurance Act currently at the National Assembly scale through with new inputs, Insurance firms that delay in payment of genuine claims may have to pay such claims with additional interests. Currently, the draft…