Author: Prince Cookey
Prince Cookey is an experienced publisher and CEO, and currently is editor of Business Journal. He has previously worked at The Examiner, The Post Express newspapers, Policy magazine and the Financial Standard newspaper.
Takaful insurance CEO says product is for every religious faith
One of the most misunderstood insurance products in Africa is Takaful. Indeed, many believe that Takaful is exclusively for Muslims, leading quite a n [...]
NAICOM seeks greater role for insurers in oil/gas business via local content policy
After many years of lamenting inability to underwrite big-ticket transactions in the lucrative oil and gas sector of the Nigerian economy, due to fina [...]
Nigerian insurers tap local languages to drive publicity of motor rates
The publicity sub-committee of the Insurers Committee in Nigeria will start a publicity campaign for the new premium rates for third-party motor insur [...]
Why insurance firms need branding strategy to scale market challenges
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Operators in the insurance sector in Africa are grappling with myriad market challenges ranging from low public awareness, re [...]
Pourquoi les compagnies d’assurance ont besoin d’une stratégie de marque pour relever les défis du marché
Les opérateurs du secteur de l'assurance en Afrique sont aux prises avec une myriade de défis du marché allant de la faible sensibilisation du public, [...]
Nigerian Insurance Bill hangs in balance as President leaves office May 29
As Nigerian President, Muhammadu Buhari, prepares to leave office on May 29, 2023 after eight years in office, operators in the insurance industry are [...]
The importance of financial inclusion and fintech driving insurance adoption
Regulators and operators seem to be realising the benefits of financial inclusion and financial technology (fintech) in driving insurance adoption and [...]
Nigerian and Moroccan insurers deepen partnership via technical agreement
In a move designed to upscale inter-African partnership in the insurance sector, the Nigerian Insurers Association (NIA) and the Moroccan Federation o [...]
Nigerian insurance market sees huge surge in premium income, but claims up too, says Naicom
The insurance market regulator in Nigeria, the National Insurance Commission (Naicom), has released new figures for the sector, revealing that the tot [...]
Nigerian shareholders frown at foreign acquisition of local insurers, frequent recapitalisation
The Independent Shareholders Association of Nigeria (ISAN) has described as pathetic the acquisition of local insurance firms by foreign conglomerates [...]