Category : Search result: deposit insurance


NDIC Details N2m Payout for Failed Mortgage Banks

The NDIC has initiated a payout of up to N2 million per depositor for customers of Aso Savings and Union Homes. Learn about the verification process and what happens to balances above the insured limit.

NCoS, NHIA to Integrate Inmates into Health Insurance

Nigerian Correctional Service and NHIA collaborate to provide health insurance coverage for inmates, aiming to improve rehabilitation and reduce recidivism. Learn more about this landmark initiative.

SUNU Assurance Secures N9bn Capital Raise Approval

SUNU Assurance shareholders approve N9 billion capital raising to meet new NIIRA 2025 requirements. The move aims to strengthen the firm's financial capacity before the July 2026 deadline.

NDIC Reiterates N5m Deposit Insurance Cover

NDIC MD reassures depositors of N5m insurance cover, details collaboration with CBN for supervision, and warns against Ponzi schemes. Read key insights from Kano Trade Fair.

NDIC Assures Deposit Safety, Warns Against Fraudsters

NDIC MD reassures Nigerians of deposit safety with up to ₦5m insurance. He warns against Ponzi schemes and details collaboration with CBN for banking stability. Visit their Trade Fair pavilion for more.

NHIA, HFN Set 2026 Target for Health Insurance Scale-Up

Nigeria's NHIA and private sector leaders target 2026 to enroll millions from the informal sector into health insurance. Success hinges on digital tools, enforcement, and rebuilding public trust. #HealthInsurance #UHC

Europe's Best Health Insurance Plans for Families

Protect your family's future with the right health insurance. Our guide covers key features, plan types, and how to choose comprehensive coverage to avoid financial strain from medical costs.

NADF Infuses Insurance into Agricultural Loans

NADF signs MoU with Leadway Assurance and Verdure Climate to provide insurance packages for agricultural loans, enhancing climate resilience for smallholder farmers across Nigeria.

NCS Imposes Strict Penalties for Age Cheating

National Council on Sports approves sweeping reforms including heavy fines, suspensions for age cheating, new National Intermediate Games, and compulsory insurance for athletes.

IEI Appoints Dr Joyce Odiachi as Acting MD

International Energy Insurance Plc announces a major leadership transition. Dr Joyce Odiachi steps in as Acting MD following Olasupo Sogelola's resignation. Discover the company's next growth phase.

Allianz Cuts 1,800 Jobs in AI Shift

German insurance giant Allianz signals major job cuts affecting call centers across Europe due to AI adoption. Up to 1,800 positions at risk as automation handles daily claims.

Tinubu hails former NNPC GMD Gaius-Obaseki at 80

President Tinubu celebrates Dr. Jackson Gaius-Obaseki's 80th birthday, praising his transformative impact on Nigeria's oil and gas sector. Read about his legacy and NNPC's new health scheme.

Coronation Insurance Launches N35m Customer Promo

Coronation Insurance launches Insure and Win 2.0, offering N35 million in prizes to customers who purchase insurance policies from November 2025 to April 2026. Secure your future today!

NEM Insurance Assets Reach N165.46bn in Q3 2025

NEM Insurance Plc strengthens market leadership with N165.46bn assets in Q3 2025. Insurance revenue surges 55% to N107.44bn. Discover how they achieved this remarkable growth.

Workers Reject FG's Health Insurance Salary Cuts

Federal workers protest unexplained NHIS deductions from October salaries. NLC condemns government's failure to notify and dialogue before implementing mandatory health insurance contributions.

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