Nigeria’s National Insurance Commission (NAICOM) has revealed plans to work on statutory deposits of insurance firms to settle unpaid claims, while chief executives of companies whose deposits are applied to such would be discharged from official duty. Nigeria’s Commissioner for Insurance, Mohammed Kari, disclosed this at the ongoing Chartered Insurance Institute of Nigeria (CIIN) 2017… Continue reading Nigeria’s National Insurance Commission to sack chief executives over unpaid claims
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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.