Exclusives

Insurers lose N58bn in 3rd party policy to quacks

by MODESTUS ANAESORONYE

July 21, 2014 | 12:55 am
  |     |     |   Start Conversation

The nation’s insurance industry may be losing an estimated N58 billion premium annually from the over N70 billion expected from compulsory motor third-party insurance, BusinessDay investigations have shown. The implication is that only N12 billion is collected as revenue from the few motorists who patronise genuine operators for the licence which is usually demanded by…

login to view this content or Register here

by MODESTUS ANAESORONYE

July 21, 2014 | 12:55 am
  |     |     |   Start Conversation

Big Read |  

Analysis

Eligible customers: Implementing the declaration

The Electric Power Sector Reform Act (EPSRA) of 2005 sets the Nigerian Electricity Supply Industry (NESI) on the journey towards...


MTN Banner ADS 2

BRIU

Diamond

Election Banner