Tag Archives: Insurance

Owning a home with no property insurance can be likened a bit to driving a car without a seat belt in place. An accident could happen anytime. For most Nigerians, acquiring (or building home) is probably the biggest investment they will ever make. Becoming a landlord is the ultimate Nigerian dream. Everyone wants a piece of property to rightfully call ...

The Federal Fire Service  has indicated that it would begin inspection of public buildings for compliance with its compulsory with its policy on public building insurance.- Vanguard The Controller-General of the Service, Mr Joseph Anebi, at a meeting with the National Insurance Commission and the Nigerian Insurers Association (NIA) in Abuja, last week, said the agency is making effort to ...

Land is and has been an important commodity in every nation, Landholders ability to manage and protect their use and enjoyment of land contributes in no small measure to land development and Nation buildings. Several risks are associated with landholding in Nigeria, but the menace and fury of fire seem greater and must be given proper attention through the employment ...

The Nigerian Mortgage Refinancing Company and the Nigerian Insurers Association are jointly working to integrate title insurance as a mandatory condition to get mortgage loans. Sunday Thomas, the Director-General of NIA, disclosed this to a punchng correspondent in an exclusive interview, saying that the NMRC was working with the indigenous underwriters to introduce insurance as a condition for getting mortgage ...

The Lagos  State Government has insured the Lekki-Ikoyi Link Bridge, roads and other important state-owned infrastructures for N133 billion against terrorists attack and natural disasters. This was disclosed by the Commissioner for Finance, Mr. Ayo Gbeleyi while speaking on the financial activities of the state government in the last one year. According to him, “Strategic assets such as bridges, drainage ...

A building belonging to Mansard Insurance Plc was on Tuesday gutted by fire in Lagos. The building, which is located on Aboyede Cole on the Victoria Island, was said to have been gutted by fire around 11am after a petrol tanker exploded near the building. It was gathered that the explosion led to the inferno. The tanker was said to ...

The Nigerian Society of Engineers, Lagos State has said that until all levels of government in the country evolve more punitive measures and stricter punishment on all those found culpable in any case of collapse building, the ugly trend would continue to defile solution. These concerns were expressed last weekend at the annual lecture of the Nigerian Society of Engineers ...