Customs, agents disagree over National Single Window operations
By Godwin Oritse & Efe Onodjae There are indications of festering disagreements over the implementation of the National Single Window (NSW), a centralized digital portal launched by the Federal Government in March this year to address delays in import-export processing at the ports. It allows importers and exporters to submit trade documents once, replacing duplicate paperwork […]
Oceanic, Aero roll out online travel insurance
Oceanic Insurance Group has in con junction with Aero Airline introduced an online travel insurance scheme to address air travel challenges for its customers in Nigeria and Ghana.
NIA boss scores self high on industry targets
By Patience Saghana Chairman of the Nigerian Insurers Association, Mr Wole Oshin says the industry goals he set for himself on assumption of office is being achieved. He was reviewing his one year scorecard at the association’s annual general meeting in Lagos.
Hannover RE confirms 2009 targets
German reinsurer, Hannover Re, which is 50.1%-owned by Talanx, said Friday that it still expects €5 ($7) earnings per share this year, a 20% rise in gross premium income and an after-tax return on equity of at least 18%.
Government inclined to 15 insurers
Strong indications emerged that the federal government will further reduce the present number of insurance companies operating in the country from 49 to 15. The reduction in the number of insurers in the country, according to industry analysts would increase the capacity of the industry and also reduce the incidences of unethical business practice as a result of unhealthy competition among insurers.
Crusader Insurance wins Award
Crusader (Nigerian) Plc has won another Award adding to several awards already won this year by the company. This time it clinched Best Sector Leaders Award in the other Financial Institutions sector for 2008.
