Experts push renewables to tackle Nigeria’s power crisis
By Udeme Akpan Power sector experts have called for accelerated deployment of renewable energy and microgrids to address Nigeria’s persistent electricity supply challenges and reduce dependence on the national grid. Speaking in separate interviews with Vanguard at the recently concluded Nigeria Energy Summit in Lagos, they said decentralised power solutions would improve electricity access, particularly […]
It’s cheaper to have marine insurance than pay fine for default — Leadway Assurance
The Nigerian Insurers Association, NIA, is working hard to come up with the marine module of the Nigeria Insurance Industry Database, NIID, so that marine insurance certificates can be verified online to get rid of fake marine insurance certificates.
Guaranty Trust Bank: Investors’ apathy solidifies
EQUITY investors’ apathy towards Guaranty Trust Bank Plc, GTBank, persisted last week against the backdrop of the figures contained in the bank’s nine-month 2017 financial results.
Insurance industry needs laws for modern business practice — NAICOM
THE absence of a strong legislative framework in tune with modern business practice is one factor militating against aligning the nation’s insurance industry to global best practices.
Lagos Microfinance banks set to integrate with BVN by 2018
THE Lagos State Chapter of National Association of Microfinance Banks, NAMBLag, weekend, said that in line with its ongoing partnership with the Nigerian Inter-Bank Settlement System, NIBSS, full integration of member-banks with the Bank Verification Number, BVN, will commence January 2018.
Africa insurers must leverage on new technologies to remain relevant — Karekezi
MANAGING Director of Africa Reinsurance Corporation (Africa Re), Mr Corneille Karekezi has advised the continent’s insurance industry to leverage on the current technology revolution in order to remain relevant.
