Top Stories

More From Our Blogs

9.47m registered vehicles in Nigeria missing on insurance industry database

9.47m registered vehicles in Nigeria missing on insurance industry database

Of the 12 million registered vehicles in Nigeria, only 2.53 million are captured in the Nigerian Insurance Industry Database (NIID) as at Monday, 30 September 2019, according to the Nigerian Insurers Association (NIA). This means that a whopping 9.47 million are either without insurance cover or have fake insurance. The huge gap, said the NIA,…

SOURCES: https://businessday.ng/