Nigeria’s NAICOM Moves to Save Weak Insurance Firms from Collapse

 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

Nigeria Risks Losing N136b Gain of Transit Cargoes

Nigeria’s early gains which saw it reclaiming about N136 billion transit cargoes from neighbouring countries like Togo and Benin Republic may be eroded as the port of Cotonou has signed a management agreement with the Port of Antwerp to manage and modernize its port facilities. Stakeholders in the Nigeria’s maritime industry said the move could… Continue reading Nigeria Risks Losing N136b Gain of Transit Cargoes