How To Conquer Every Financial Bill This Year
Bills, Bills, Bills and more bills. Do you sometimes feel overwhelmed by the huge amount of bills you have to settle every year? Reality often dawns on us all at the beginning of a new year such as this one. We wish that things like house rent, school fees, wedding cost, vacation costs and […]
Sunny’s Story: Why You Should Not Procrastinate
Sunny is like most of us, he’s always on the move. He runs a laundry and cleaning service business and has one car for deliveries and another for his personal runs. He noticed the insurance covers on both cars were due for renewal in a week, but since there was no accident or theft, […]
Can Insurtech Solve Nigeria’s Low Insurance Coverage Problem?
Nigeria’s insurance industry has a lot of growth potential. Of its 200 million inhabitants, there are enough individuals to constitute one of the world’s largest markets for insurance products. However, the current reality doesn’t exactly match this perception. Read more about FinTech Consider this. According to a 2018 report from Statista, about 97% of Nigerians […]
Love Is An Action Word
“I am sorry, I cannot take this promotion. There is somewhere I need to be.” The character in the movie raced out of the office to his car and drove like his life depended on it to his daughter’s recital. He had always promised her so many things but always failed to come through […]
If You Own A Lot, You Need L-Happy
“Will it cover my wife’s car and my PlayStation? I am getting this because nothing must happen to my game set especially. And iyawo’s car too.” Donald laughed as he repeated it over the phone. He wanted to be sure that his PlayStation and his wife’s car are both protected. Adulthood gives us the […]
Did You Know? You Can Verify Your Vehicle Insurance Policy Online and via SMS
If you own a car or truck in Nigeria, the law demands that you have them insured. If you haven’t done this and you’re not sure how to go about it, you may ask someone at an insurance firm closest to you to explain the steps to you. But if you have obtained a vehicle […]
Did You Know? You Can Insure Your Farm Products With The Nigerian Agricultural Insurance Corporation
You can insure yourself against the loss of your house, cars, or health. But what about your farm, if you’re a farmer- can you insure that too? You can, thanks to the Nigerian Agricultural Insurance Corporation (NAIC), the government-backed institution which was set up for this purpose over three decades ago. The conditions which led […]
Brands We Love: Wapic Insurance
Nigeria’s insurance sector has grown by leaps and bounds in the last decade. This growth is being driven by members of the country’s expanding urban working class, who are becoming more aware of the need to hedge against financially demanding situations that may arise in their future lives. But it’s also been sparked by insurance […]
How To Start A Vehicle Rental Business In Nigeria
Vehicle rentals exist because there’s a real, constant and stable need for them. Businesses sometimes want a vehicle to convey guests; wedding attendees might prefer to travel in a van that’s headed straight for their specific destination, and sports teams would pick a bus that’ll go the distance and keep their team talks and banter […]
Brands We Love: Tranex Courier Services
Logistics companies are a vital part of the long-distance trading setup. Without them, much of the formal sector would have to improvise delivery systems or rely on other less than satisfactory means to send or receive cargo. They’d be struggling with greater transportation risks, bigger costs, and ultimately, much smaller markets and profit margins. Tranex […]
Federal Government Targets Insurance Policy Cover For Prison Inmates, NYSC, Retirees
The campaign by the Nigerian government to get more Nigerians to take up insurance policies has been intensified in recent times. Health insurance, in particular, has been advocated for. Although the message is beginning to sink in for people in the country’s professional class, a large section of Nigeria’s population remains not too bothered. Now, […]
Business Profile- My AutoGenius: Nigeria’s first Online Auto Insurance
Owners of vehicles can associate with the dread that comes over them when their vehicle papers are about to expire. The bureaucracy involved in renewing these papers is alarming and makes people start looking for ways to bypass the red tape. Well, that is well on its way to being a thing of the past, […]
Zimre Holdings Limited Seeks Opportunities in Nigeria
It has recently been announced that ZHL, which has operations in Zimbabwe, Zambia, South Africa, Botswana and Uganda will be looking for opportunities in Nigeria, who is reported to have a $1,5 billion insurance sector. Chief Executive Officer Albert Nduna, said the investment holding company will be looking for partners in entering the Nigerian insurance […]
Etisalat Partners With FBN Insurance Limited to Launch ‘’Sure4Life’’
Etisalat Nigeria has putatively partnered with FBN Insurance Limited to launch ‘Sure4Life”, an airtime-based insurance product designed to increase penetration and consumer access to affordable insurance products via the mobile telephone. Sure4Life is expected to make insurance products accessible to a robust portion of the uninsured Nigerian population and will provide Etisalat customers […]
Business Profile: PanAfrican Capital, Creating Wealth.
A common cause of business failure is lack of capital; but, the purpose of investment banks is to help private and public organizations raise this capital through issuing and selling securities. However, it takes professionalism, expertise and innovation for any investment bank to fully carry out its activities. PanAfrican Capital, an investment banking firm, has […]
Sovereign Trust Insurance Announces Technology Utility Upgrade
One of Nigeria’s leading Insurance companies, Sovereign Trust Insurance (STI) Plc, has announced upgrade to some of its technology utilities, as the organization wants responsibilities to be carried out expeditiously – going forward. STI’s Head of Information Technology and Strategy, Lekan Oguntunde, who made this known, pointed to a number of reasons and gave some […]