Saturday, March 7, 2026
26.3 C
Lagos

NAICOM, Governors’ Forum Partner on Insurance Penetration

L-R: Barineka Thompson, Director, Supervision; Mr. George Onekhena, Deputy Commissioner, Finance and Administration; Mr. Sunday Thomas, Deputy Commissioner, Technical; Mr. Oba Olufemi, Director, Finance & Accounts and Dr. Habila Amos, Director, Research, Statistics & Corporate Strategy, all of the National Insurance Commission (NAICOM) at a seminar organised by NAICOM for Insurance Journalists in Benin, Edo State, at the weekend.

The National Insurance Commission (NAICOM) says it will leverage on the Nigeria Governors’ Forum (NGF) to deepen penetration of insurance in Nigeria.

Mr. Sunday, Thomas, Deputy Commissioner  at NAICOM said at a NAICOM Seminar for Journalists in Benin-City, Edo State that the drive to engage the NGF is meant to take insurance awareness and penetration to every part of the country within the shortest possible time.

“This year, we are looking at penetration, which gives NAICOM an ample opportunity to deepen the market and sustain past achievements of the Commission in the industry. We are getting into the second phase of the Market Development and Restructuring Initiative (MDRI) to leverage on the achievements of the first phase. We are also leveraging on the Nigeria Governor’s Forum to reach every state of the Federation.”

He listed the objectives of the second phase of MDRI as collaboration with sister organizations, enhancing market distribution channels and financial inclusion.

spot_img
spot_img
spot_img

Hot this week

Tinubu: Oyedele In, Uzoka-Anite Out as Minister of State for Finance

President Bola Ahmed Tinubu has nominated Mr Taiwo Oyedele...

FG, ENI, NAEL Resolve OPL 245, Unlocks Major Deepwater Investment

Chief Executive Officer Eni, Claudio Descalzi and President Bola...

FG: Tax Reforms Will Improve Lives, Not Impoverish Nigerians

Vice President Kashim Shettima said on Wednesday in Abuja,...

Nigeria to Unveil National Single Window Platform March 27

Nigeria will launch the highly anticipated National Single Window...

Stanbic IBTC Regional Economic Outlook Series Positions Investors for Confident 2026 Decision Making

Stanbic IBTC has concluded its 2026 Regional Economic Outlook...

Topics

$7m Prize to Fund African Renewable Energy Projects

Access Power, a developer, owner and operator of power...

NNPC Launches Vision First Programme in Ilaje Community, Lagos

The NNPC Limited has flagged off the third edition...

AXA, Jumia Unveil Insurance Policy for Mobile Phones

The insurer, AXA Côte d’Ivoire and Jumia, the ecommerce...

P+ Hosts AMEC Measurement Month to Enlighten Communication Professionals in Nigeria

In collaboration with the International Association for the Measurement...

COP28: NNPC Seals LNG Deals for Domestic, International Markets

R-L: Executive Vice President, Gas, Power & New Energy,...

WHO: ‘Global Death Rate of Coronavirus is 3.4%’

The World Health Organisation (WHO) has put the global...

NSE Reports Trading Glitch, Extends Transaction Time

The Nigerian Stock Exchange (NSE) yesterday reported it experienced...

Tinubu Issues EO for Direct Remittance of Oil, Gas Revenue to Federation Account

President Bola Tinubu has issued an executive order to...
spot_img

Related Articles

Popular Categories

spot_imgspot_img