ASSBIFI seeks one year extension for insurance recapitalisation
The Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI), has asked the National Insurance Commission (NAICOM), for one year extension for implementation on the tier-based solvency capital for underwriters to ensure total compliance among companies.
Labour gives condition for ending strike
The warning strike declared by the organised labour was observed in part across the country yesterday. Labour is demanding N65,000 as a national minimum wage, up from the current N18,000.
Activists condemn banks’ unbridled ‘casualisation’
The reign of casualisation in the banking sector has been described as inimical to the operations of financial institutions.Reacting to the latest figures from the National Bureau of Statistics (NBS), which showed that more banks opted for increased contract staffing, as opposed to full employment,....
ASSBIFI decries deteriorating condition of workers
The Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) has drawn the attention of employers, government at various levels and other stakeholders to the deteriorating condition of workers in the country. Speaking when she led a sensitisation walk as part of the 40th anniversary celebration of ASSBIFI, National President of the union,…
ASSBIFI seeks extension of tier-based minimum capital for insurance firms
The Association of Senior Staff of Banks Insurance and Financial Institutions (ASSBIFI), has warned that the January 1st 2019, deadline for the implementation of recapitalisation of the 57 insurance firms in the country will lead to increment in joblessness and closure of more businesses in the country.
We will soon create a portal to stop fake insurance papers – ASSBIFI
Insurance practitioners on Friday said that they would soon partner the Federal Government to create a common portal to check issuance of fake insurance documents in Nigeria.