NSITF PAYS INSURANCE BENEFITS

THE Nigerian Social Insurance Trust Fund ( NSITF), which is a body in existence since 1961 as national provident fund. And which became NSITF in 1993 with the mandate of protecting employees in the private sector in Nigeria and who are mostly in non pensionable employment. The federal government of Nigeria established the fund so…

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INSURERS PAY N11bn ENDSARS CLAIMS

Insurance Companies in Nigeria has paid no fewer than N11bn in claims by policyholders arising from the damages they suffered as a result of the ENDSARS protests that hit the country in 2020. This was revealed by the Chairman, Nigeria Insurers Association ( NIA),Mr. Ganiyu Musa, during  the Annual General Meeting of the Association in…

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