NIA Archives - National Wire

5.8m Nigerian Motorists Carry Fake Insurance—NIA

September 5, 2018 0

The Nigeria Insurers Association (NIA) has disclosed that 5.8 million out of the 11.7 million registered vehicles plying Nigerian roads have fake insurance. On the other hand, only 5.9 million Nigerian vehicles have genuine insurance certificates. These figures, captured by the Nigerian Insurance Industry Database (NIID) of the NIA, were made available to THISDAY on Tuesday. The NIA said 5.9 …

NAICOM redeploys 7 directors, 23 others

November 7, 2017 0

National Insurance Commission (NAICOM), has announced a major shakeup in its top management cadre as well as other senior positions. In the reorganization, seven full directors and 23 assistant directors were affected. This development according to Head of Corporate Communications, ‘Razaq ‘Salam was in furtherance of its efforts to reposition the Commission for better service delivery. “Some of those affected …

Only eight million Nigerian vehicles are insured – NIA

July 3, 2017 0

Only eight million vehicles out of the estimated 17 million on Nigerian roads have genuine insurance cover, according to the Nigerian Insurers Association. Figures obtained by our correspondent from the association indicated that the number of genuinely insured vehicles had risen from three million that was recorded in the Nigerian Insurance Industry Database in 2015. “The NIID system has captured …