Introduction In today’s globalized digital landscape, businesses and organizations are increasingly recognizing the importance of localized online presence. A key element in achieving this is the use of country-specific domain names for websites. Adopting a country-specific domain name offers a wide range of benefits, both for businesses targeting specific...
What is Reinsurance?
Reinsurance is a financial arrangement wherein an insurance company transfers a portion of its risk exposure to another insurance company or multiple insurers. It is a mechanism that allows insurance companies to manage their risk by spreading it across different entities. In simpler terms, reinsurance acts as insurance for...
What is ICT?
Information & Communication Technology (ICT) is a broad term that encompasses all technologies used for the management, transmission, storage and retrieval of information. It refers to the convergence of telecommunications and information technology, enabling organizations and individuals to access, process, transmit, and retrieve data and communicate effectively. ICT includes...
Motor Premium Rates
The following are new Motor Insurance Premium rates effective January 1, 2023: Private Motor Vehicle Insurance Private Vehicles now 15,000 (formerly N5,000) for a Third Party Property Damage (TPPD) limit of N1 million Commercial Motor Vehicle Insurance Own Goods now N20,000 for a Third Party Property Damage (TPPD) limit...
What is an Insurance Treaty?
An insurance treaty is a contractual agreement between an insurance company and another party, usually another insurer or a reinsurer. It outlines the terms and conditions under which the risk or liability of certain insurance policies is shared or transferred. The purpose of an insurance treaty is to provide...
The VTU Business
“VTU Business in Nigeria” refers to the Virtual Top Up business model in the Nigerian telecommunications industry. This business involves the sale of airtime and data bundles through electronic means, such as mobile apps, websites, or USSD codes. The VTU business has gained significant popularity in Nigeria due to...
What is a Blog?
Who is a Loss Adjuster?
A loss adjuster, also known as an insurance adjuster or claims adjuster, is a professional who works on behalf of insurance companies or independently to assess and investigate insurance claims. Their primary responsibility is to determine the extent of loss or damages covered by an insurance policy and help...
Islamic Finance Principles
Islamic finance is a rapidly growing sector in the global financial industry that is gaining recognition for its adherence to ethical and Islamic principles. Islamic finance operates based on a distinct set of principles derived from the Quran, the holy book of Islam, and the teachings of Prophet Muhammad....
Learning How to Troubleshoot WordPress
The Troubleshooting WordPress Websites course is designed to equip you with the necessary skills and knowledge to effectively identify and resolve common issues that may arise in a WordPress website. By the end of this course, you will feel confident in troubleshooting and resolving various WordPress-related problems, ensuring smooth...