BusinessDay
Nigeria's leading finance and market intelligence news report.

9.47m registered vehicles in Nigeria missing on insurance industry database

…as NIA launches ‘Wetin U Carry’ campaign to tackle fakery

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,…



Join the BusinessDay Inner Circle to read exclusives and gain insights for N1000/month

Get real time updates directly on you device, subscribe now.

Comments are closed, but trackbacks and pingbacks are open.