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Payment of benefits: In Nigeria, GOXI Microinsurance pays 636 million naira

10/11/2025
Source : ORISHAS FINANCE
Categories: Sectors

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Goxi Microinsurance paid over 636 million naira compensation for victims of market fires, accidents and crises social services to vulnerable low-income households in Nigeria.

The company has also partnered with Microinsurance Network to organize the Microinsurance Conference to promote financial inclusion. As a result, small businesses and households Nigeria's vulnerable people should benefit from new ideas on how to expand access to microinsurance at the 3rd annual Goxi conference Microinsurance in Lagos.

This year's theme, “Reflections on microinsurance.” in Nigeria for inclusive growth”, will guide discussions on the How affordable insurance can protect families with low incomes income, traders and SMEs against unexpected financial shocks.

Industry observers note that many traders are still operating without protection, which makes them vulnerable in the event of a disaster. The conference will explore solutions digital, products adapted to the needs of women and partnerships communities that can fill this gap and support the economic growth.

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