Search Engine Optimization (SEO) refers to the techniques and strategies used to improve a website’s visibility and search engine rankings. It aims to increase organic (non-paid) traffic to a website by optimizing various aspects that search engines consider when ranking web pages. SEO involves a wide range of practices,...
Insurance in Nigeria
The history of insurance in Nigeria dates back to the colonial era when European companies introduced the concept of insurance to the region. The first insurance company, Royal Exchange Assurance, was established in Lagos in 1921. However, the industry did not gain much traction until the 1950s when the...
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The Insurance Broker in Nigeria
Insurance brokers play important roles in the Nigerian insurance industry. They are professionals who act as intermediaries between insurance companies and their clients, providing advice, guidance, and services to help them obtain the best insurance coverage for their needs. Some of the roles of insurance brokers in the Nigerian...
Benefits of PWD under the CPS
When comparing Programmed Withdrawal (PWD) and annuity in Nigeria, there are several benefits of programmed withdrawal that you should consider: 1. Flexibility: Programmed withdrawal offers greater flexibility compared to annuity. With programmed withdrawal, you have control over how much and when you withdraw funds from your retirement savings. This...
Early Business Education
Introduction Education is the foundation of a prosperous society. It equips individuals with the knowledge and skills necessary to succeed in life. While traditional subjects like mathematics, science, and languages are essential, there is a growing need to introduce business education at an early age. This article proposes the...
The Insurance Agent in Nigeria
An insurance agent is a person who sells insurance products and services to clients on behalf of an insurance company or an insurance broker. An insurance agent in Nigeria has to comply with the following requirements: – The agent must be registered and licensed by the National Insurance Commission...
Low Insurance Penetration in Africa
Introduction: Insurance penetration refers to the level of insurance coverage within a population, and it is an essential indicator of a country’s financial resilience and social security. Unfortunately, Africa faces a significant challenge of low insurance penetration, where a substantial percentage of its population remains uninsured or underinsured. This...