Thursday, March 12, 2026
33.5 C
Lagos

NAIC Paid N848m Claims to Farmers in 2020

Folashade Joseph

Managing Director/CEO

Nigerian Agricultural Insurance Corporation

The Nigerian Agricultural Insurance Corporation (NAIC) paid over N848 million as claims to its insured farmers in the 2020 business year.

Mrs. Folashade Joseph, Managing Director/CEO of NAIC, said the Corporation also paid N856 million in 2019 to its clients to cover losses incurred by them in the course of doing business.

Joseph enjoined agricultural investors and lending institutions to continue to partner NAIC to realize the food security agenda of President Muhammadu Buhari and the noble intentions of the Central Bank of Nigeria (CBN) under the leadership of Dr. Godwin Emefiele.

spot_img
spot_img
spot_img

Hot this week

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

Nigerian Exchange Group Plc (NGX Group), in collaboration with...

Union Bank of Nigeria Marks Int Women’s Month 2026 with Inclusion-First “Give to Gain” Campaign

L-R: Chief Talent Officer, Union Bank of Nigeria, Omayuli...

NAICOM: 20 Insurance Firms Seek Capital Verification Ahead July 31 Recapitalisation Deadline

The National Insurance Commission (NAICOM) says 20 operators in...

FG Inaugurates Committee on Grid Asset Management Company to Boost Power Sector

President Bola Tinubu has constituted an 11-member committee to...

Tinubu Approves Posting of 31 Career, 34 Non-Career Ambassadors

President Bola Ahmed Tinubu has approved the postings of...

Topics

3rd African Blogger Awards Explore Social Issues

The third annual African Blogger Awards competition that opened...

NSE Renews Onyema’s Contract for a 2nd Five-year Term

The Nigerian Stock Exchange has approved the renewal...

Governor Ododo Condoles Former Governor Idris over Son’s Demise

Late Muhammed Idris Kogi State Governor, Alhaji Ahmed Usman...

Comms Minister, Maida Advance Nigeria’s Vision on Digital Capacity in Partnership with Nokia

Recently, Dr. Bosun Tijanni, the Honourable Minister of Communications,...

NAICOM, SEC Initiates Partnership to Drive Insurance Sector Reforms

The Commissioner for Insurance, Mr. Olusegun Ayo Omosehin paid...

Market Statistics: Wednesday, 1st November 2017

Market Cap (N'bn)               12,766.6 Market...
spot_img

Related Articles

Popular Categories

spot_imgspot_img