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Middle-East Conflict: Nigerian insurers to face high reinsurance costs

By Rosemary Iwunze As the conflict involving United States, Israel and Iran escalates in the Middle-East, Nigeria insurance industry may face rising reinsurance costs. Commissioner for Insurance, Mr. Olusegun Omosehin, who disclosed this, noted that the crisis could trigger rising claims globally, leading to higher reinsurance pricing. The development, according to Omosehin, would inevitably affect Nigerian […]

The post Middle-East Conflict: Nigerian insurers to face high reinsurance costs appeared first on Vanguard News.

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UBA, NiDCOM deepen collaboration to unlock diaspora capital

United Bank for Africa (UBA) Plc, has reiterated its commitment towards building tangible economic bridges and strengthening diaspora-driven investment into Nigeria. UBA’s Group Managing Director/Chief Executive Officer, Oliver Alawuba, stated this while hosting representatives of the Nigerians in Diaspora Commission (NiDCOM) led by its Chairman/CEO, Hon. Abike Dabiri, at the bank’s UK office earlier in the […]

The post UBA, NiDCOM deepen collaboration to unlock diaspora capital appeared first on Vanguard News.

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Eid-el-Fitr: LASTMA assures smooth traffic, vows zero tolerance for violations

By Ntakobong Otongaran The Lagos State Traffic Management Authority (LASTMA) has assured residents of seamless vehicular movement across the state during the Eid el Fitr celebrations, reiterating its zero tolerance

The post Eid-el-Fitr: LASTMA assures smooth traffic, vows zero tolerance for violations appeared first on The Nation Newspaper.

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‘Swift NRC response averts disaster on Abuja Kaduna train route’

By Ntakobong Otangaran  The prompt intervention and operational professionalism of the Nigerian Railway Corporation (NRC) ensured that what could have escalated into a major rail disaster on the Abuja–Kaduna corridor

The post ‘Swift NRC response averts disaster on Abuja Kaduna train route’ appeared first on The Nation Newspaper.

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