Nigeria to save $400bn annually by abolishing war risk insurance – NIMASA

Punchng | 29-03-2025 05:12am |

The Nigerian Maritime Administration and Safety Agency says Nigeria paid over $1.5 billion in war risk insurance premiums to international insurers in the past three years. In a statement on Friday, NIMASA’s head of public relations, Osagie Edward, said the impact of WRI premiums on the economy is staggering. War risk insurance covers losses and Read More

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