Nigeria’s Ibom Deepsea Port will accommodate up to 13 New Panamax Class container vessels and two very large feeder vessels upon completion and is estimated to grow from about 1.2 million (Ten Equivalent Units) TEUs in 2021 to about four million TEUs in 2040. This was contained in a statement issued by the promoters of… Continue reading Nigeria’s Ibom Deepsea Port to handle four million TEUs in 2040.
The Nigerian National Insurance Commission (NAICOM) recently took a decision that may serve as a final step to save identified weak firms in the system from total collapse. The commission, was said to have written administrative letters to insurance firms that are presently undergoing financial challenges as revealed by published financial reports, guiding them on… Continue reading Nigeria’s NAICOM Moves to Save Weak Insurance Firms from Collapse
Underwriters in the Nigerian insurance sector have shunned Takaful Insurance products due to a lack of confidence in the prospect for the business. Although the Nigerian National Insurance Commission, NAICOM, gave out the operational guidelines since 2013, insurers are still skeptical about venturing into it as there is a prevailing fear that most Takaful Insurance… Continue reading Nigerian Underwriters shun Takaful Insurance products.
Strong and positive moves towards enhanced integration by regional insurance players … Please Read & Enjoy!
The Nigerian Federal Government has inaugurated a road map to guide farmers in insuring their crops. According to the Minister of Agriculture and Rural Development, Chief Audu Ogbeh, the road map will help ensure food security across the country with farmers insuring their crops and obtaining financial support in the event of occurrence of any… Continue reading Nigeria’s Federal Government Inaugurates Insurance Roadmap for Farmers.
Financial rewards. To achieve small things, dream small; to achieve great things, dream big. Almost every great accomplishment—past or present—began as a dream.When you meet someone poor, you may ask them, “Why?” But, the better question to ask is: “What is your dream?” For, it is from them that we draw poverty or prosperity. Giving… Continue reading 7 Reasons Why You Should Not Give Up On Your Dreams.
The Nigerian Federal Government has said that it will ensure adequate insurance of its assets. Nigeria’s Minister of Finance, Kemi Adeosun, said this during the National Insurance Conference of the Insurance Industry Consultative Council with the theme: ‘Nigeria open for business’, in Abuja on Monday. Mrs Adeosun said, “Foreign investors have shown great interest… Continue reading Nigeria’s Federal Government moves to insure national assets.