The Commissioner for Insurance, Mr. Olorundare Sunday Thomas has frowned at the records and statistics of unpaid claims associated with some insurance companies. Speaking at the 2022 Edition of the Chartered Insurance Institute of Nigeria’s Professional Forum, held in Abeokuta, Ogun State, Mr Sunday said the Commission is doing all it could within the ambit of […]
The Federal Government of Nigeria has urged the Nigerian finance industry to take advantage of the opportunities in the African Continental Free Trade Area. The African free trade will create $3.4 trillion opportunity and deepen the financial technology space for the industry. According to Finance Minister, Zainab Ahmed, an expanding infrastructure and a growing financial technology were[…]
Report published by the National Bureau of Statistics has revealed that the headline inflation rate in August 2022 grew to 20.52% from 19.64% reported in July 2022. This was 3.52 percentage points higher compared to the rate recorded in August 2021, which was (17.01%). This shows that the headline inflation rate increased in the month of August[…]