Crusader’s Oviosu floors IGI’s Olowude as NIA deputy chair Industrial and General Insurance’s Executive Vice Chairman, Mr Remi Olowude and Mr Olorunnimbe Oviosu, managing director of Crusader General Insurance slogged it out at the 39th Annual general meeting of the association in Lagos over manning the seat of the NIA Deputy Chairman just as Olowude’s second attempts was thwarted by number of votes.

CHAIRMAN, Board of Trustees, BoT of the Association of Local Governments of Nigeria, ALGON, Hon Umar Kashim Ibrahim has alleged that with the exit of the immediate Executive, the Association’s debt profile stands over N40 million, just as he accused them of expending about N400million being dues collected from members on the purchase of executive Sport Utility Vehicles, SUVs, for themselves

Foreign insurance companies are sneakingg into the country using Nigerian banks to sell their products in the country.
A South African based insurer, Sanlam Ltd recently teamed up with First Bank of Nigeria Plc to sell its insurance products in Nigeria.

The Nigerian Insurers Association (NIA) may be seeing better days with the level of co-operation of leaders at the helms of affairs at the association’s secretariat.

Almost 10 days after the impeachment of the Bayelsa Deputy Governor, Rt. Hon Peremobowei Ebebi, the state governor, Chief Timipre Sylva had been operating without a deputy.