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The House of Representatives Joint-Committee on Insurance & Actuarial Matters, Health Services and Health Institutions, has disclosed that despite a steady guzzle of billions of public funds in 15 years, the National Health Insurance Scheme (NHIS) has captured less than five per cent of Nigerians.
The National Insurance Commission (NAICOM) has approved the appointment of Haruna Mohammed and Uzoma Igbonwa as the nonexecutive directors for Standard Alliance Insurance Plc.
The Senate Committee on Banking, Insurance and other Financial Institutions has said that Assets Management Company of Nigeria which was set up by the government to buy back bad debts by banks has become a drain on the nation’s economy, adding something must be done to reverse the trend.
The Senate has expressed its displeasure over the poor regulation of insurance companies in the country, concerned about the low enlightenment of Nigerians on insurance policies.
The National Insurance Commission (NAICOM) has granted no objection to 44 insurance companies to proceed with their recapitalisation plan.
The total asset of 58 insurance companies as at 2018 stands at N1.3 trillion, Acting Commissioner, National Insurance Commission (NAICOM), Mr Olorundare Sunday Thomas has said.
Veteran Nollywood actress, producer and TV personality, Monalisa Chinda, has called for improved welfare and better working environment for Nigerian actors.
The bank said this in the 2018 Annual Report on the National Financial Inclusion Strategy Implementation posted on its website.
The Nigerian Investment Promotion Commission on Friday said it recorded a total investment commitment of $9.29bn in the third quarter of this year.
The Insurance sector life annuity fund portfolio stood at about N323 billion at the end of the second quarter of 2019.
The execution of the Nigeria Liquefied Natural Gas (NLNG) Train 7 project will create over 40,000 direct and indirect jobs, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote, has said.
The Nigerian Liquified Natural Gas (NLNG) Train 7 Engineering, Procurement and Construction (EPC) Contract would create over 40,000 direct jobs and provide employment for over 100,000 workers, it was learnt on Thursday.
Gunmen have reportedly abducted two Catholic priests, Rev Fr Joseph Nweke and Rev Fr Felix Efobi from Awka Catholic Diocese.
Yobe State governor Mai Mala Buni has directed the suspension of the district Head of Fannami Ward, Lawan Mari from Bade Local Government for alleged sodomy with a six year-old-boy.
The Governor of Ekiti State, Dr Kayode Fayemi, has congratulated the newly elected chairmen and councillors of the 16 local government councils, following official announcement of Saturday’s council election results by the State Independent Electoral Commission.
A human rights lawyer, Femi Falana (SAN), said on Sunday that the leader of the Department of State Service (DSS) team that invaded the Federal High Court, Abuja, on Friday apologized to Justice Ijeoma Ojukwu over the incident
The police in Ogun State have arrested three suspects over the death of a 27-year-old man who was stabbed in the chest.
Former WBC heavyweight champion Samuel Peter halted in first-round by heavyweight prospect Arslanbek Makhmudov in their bouts on Saturday night at the Bell Centre in Montreal, Quebec, Canada.
Concerned mothers protesting half-clothed over the continued detention of convener of #RevolutionNow, Omoyele Sowore, at the federal high court in Abuja.
The Akwa Ibom State Police Command said it arrested three herdsmen for allegedly killing one Peter Edem Asuquo, farmer.
Nigeria legends Nwankwo Kanu, Yakubu Aiyegbeni, Sunday Oliseh, and Mutiu Adepoju have joined fans across the world to celebrate Anthony Joshua after he reclaimed the heavyweight titles in Saudi Arabia.
Juventus forward Cristiano Ronaldo won’t appear at the Ballon d’Or ceremony in Paris this evening as Lionel Messi is set to win his sixth gong.