Stakeholders in the maritime sector under the umbrella of the Sea Empowerment and Research Centre (SEREC) have revealed that Nigeria pays an annual sum of $500m for war risk insurance, amounting to $1 ...

Nigeria’s top listed insurance firms are in the middle of what could be described as their most profitable period in ...

Despite growing awareness around financial planning in Nigeria, insurance remains one of the most misunderstood ...

The Sea Empowerment and Research Centre has urged the Federal Government and the Nigerian Maritime Administration and Safety Agency to initiate diplomatic ...

BY LEKAN OLAYIWOLA Amid Nigeria’s recent GDP rebasing and marginal inflation gains, policymakers hoped to project stability ...

It however, noted, the claim that eliminating these premiums could save Nigeria over $400 billion annually seems to be an estimate of potential annual savings, rather than a direct calculation ...

As the digital economy expands globally, emerging markets in Africa, Asia, and Latin America are experiencing rapid growth in ...

The amount paid by top Nigerian banks to these two government institutions has increased by 34% within one year, and now ...

Benin: African Development Bank Approves Over $30 Million to Protect Farmers from Climate Shocks and Food Insecurity ...

Nigeria’s insurance sector recorded 24.9 per cent growth in total assets Year-on-Year, YoY, to N4.2 trillion in the first quarter of 2025, Q1’25, against N3.3 trillion recorded in the corresponding ...

Nigerian Maritime Administration and Safety Agency (NIMASA) is to intensify its aggressive campaign against the $500 million War Risk Insurance (WRI) imposed by foreign insurance firms. The Director ...