Nigeria news today headlines : Thursday 10th March 2022
These are the Nigeria news today headlines updates from Nigerian newspaper .
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Insurance Penetration Dropping – Smart, AIO President Warns Insurers
The president of African Insurance Organisation (AIO), has decried the low rate of insurance penetration in the continent as he warned insurers of the great danger ahead if the situation is not urgently addressed. According to him, the penetration rate has been dropping from 2.78per cent in 2019 to 2per cent in 2020 noting that
Pension Industry Recapitalisation: PFAs Shrink To 19 Via M&A
Ahead of the April deadline stipulated by the National Pension Commission (PenCom) for the closure of recapitalization of pension fund administrators (PFAs), numbers of the pension operators have already shrunk to 19 from 22, according to Daily Independent findings. This is against the backdrop of initial merger and acquisitions recorded so far since the announcement
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