1,620 Workers To Retire In Lagos

1,620 Workers To Retire In Lagos

The Lagos State Pension Commission (LASPEC) on Thursday said a total of 1, 620 staff of the Lagos State Public Service and Parastatals were expected to retire in the first half of 2020.Mrs Folashade Onanuga, Director-General, LASPEC, disclosed this at...
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Cornerstone Insurance: Only 2.5m of 12m Vehicles In Nigeria Have Genuine Insurance Cover

Cornerstone Insurance: Only 2.5m of 12m Vehicles In Nigeria Have Genuine Insurance Cover

Out of 12 million registered vehicles in Nigeria, only 2.5 million have genuine insurance cover, Ikeja branch manager of Cornerstone Insurance plc, Pelumi Akindumusire has said.In a chat with motoring journalists,  Akindumusire explained that most  m...
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Insurance Sector Life Annuity Fund Portfolio Hits N323b

Insurance Sector Life Annuity Fund Portfolio Hits N323b

The Insurance sector life annuity fund portfolio stood at about N323 billion at the end of the second quarter of 2019. The information was made available by Mr Rasaq Salami, Head, Commissioner for Insurance Directorate of the National Insurance Commission...
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Fajemirokun Resumes As AIICO Insurance New Managing Director

Fajemirokun Resumes As AIICO Insurance New Managing Director

AIICO Insurance Plc appointed Babatunde Fajemirokun as its new Managing Director. In a notice to the Nigeria Stock Exchange (NSE), the company explained that the appointment takes immediate effect.  In the notice signed by the company secretary, Donald Ka...
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NLNG, Rivers, Bonny Inaugurate Health Insurance Scheme

NLNG, Rivers, Bonny Inaugurate Health Insurance Scheme

Nigeria LNG Limited (NLNG), Rivers State Government and Grand Bonny Kingdom on Thursday  inaugurated the Governing Board of the Bonny Community Health Insurance Programme, kicking off a scheme to ease financingand access to quality health care in Bonny Ki...
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Firm unveils N14.5m Insurance cover for Journalists

Firm unveils N14.5m Insurance cover for Journalists

FBN Insurance Limited has provided a Group Family Shield cover valued at N14.5m for the members of the National Association of Insurance and Pension Correspondents (NAIPCO). Speaking during official presentation of the policy certificate to the leadership of N...
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Remove health insurance funds from TSA, Labour tells Buhari

Remove health insurance funds from TSA, Labour tells Buhari

Worried that billions of naira meant for the running of the National Health Insurance Scheme (NHIS) has been diverted to the Treasury Single Account (TSA), Organised Labour under the auspices of the Trade Union Congress of Nigeria (TUC) has urged...
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NAICOM delists 108 insurance brokers

The National Insurance Commission has removes 108 insurance brokers, out of the list of 421 licensed practitioners operating in the country, for failing to renew their licences. Sources from NAICOM told The Punch that the affected brokers had been operating...
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