July 2007
Connecting Nigerians Abroad and in the UK
Volume 4, Issue 2
 


News Brief

Nigerian Insurance Sector

In February this year the Insurance sector followed in the footsteps of the Banking industry reducing the number of insurance and reinsurance companies from 104 to 71. Despite the surprise dismissal of the former NAICOM CEO, the industry has increased its capital base to N200billion and in due course will be better placed to do business and attract further foreign investment.