CBN Urges Financial Operators to Diversify Products


The Central Bank of Nigeria (CBN), has urged insurance operators in the country to ensure diverse insurance products to enable more citizens to key into insurance.

Mrs Temitope Akin-Fadeyi, the Head, Financial Inclusion Secretariat, CBN, gave the advice at the ongoing National Insurance Conference on Monday in Abuja.

According to her, the importance of insurance cannot be overemphasized as it can be used in all financial services.

However, Dr Ndubisi Chinedu, the Managing Partner at Prohouse and System Ltd. said it was important to develop products that would ensure this group of people has access to credit facilities.

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