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MPR reduction will grow real sector — NSSA

MPR reduction will grow real sector — NSSA

The recent reduction in the Monetary Policy Rate and the liberisation of the foreign exchange market has been described as a good development as it would stimulate growth in the real sector of the economy.

Pension Act: Disability  part of group life insurance

Pension Act: Disability part of group life insurance

The mandatory group life insurance provided in the Pensions Act 2004 will now be expanded to cover disability during the life of the insured. This was part of the amendment being sought by operators into the existing law.

WAMZ: Nigeria yet to pay $59.9m membership dues

WAMZ: Nigeria yet to pay $59.9m membership dues

ACCRA-Nigeria is yet to pay $59.9million, as part of its “expected contribution” to the twin proposal to build West African Central Bank (WACB) and Stabilisation and Cooperation Fund (SCF), preparatory to achieving a Monetary Integration in the West African Monetary Zone in 2015.

Crystal Life, Intercontinental Wapic join campaign

Crystal Life, Intercontinental Wapic join campaign

The on-going mass awareness campaign in the Nigerian insurance industry has received yet another boost with the recent enlistment of Intercontinental Wapic Insurance and Crystal Life Insurance.