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National Insurance Commission: Federal Ministry of Finance, Nigeria

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Tel: +2349 234 6291-5
Fax: +2349 234 0512
Address:
National Insurance Commission
Federal Ministry of Finance
Plots 745 & 746 Ahmadu Bello Way
Central Area, P.M.B 14 Garki
Abuja
Nigeria

The National Insurance Commission in Nigeria resides within the Federal Ministry of Finance which is responsible for the management and control of all finances of the Nigerian Federal Government, as prescribed by the constitution of the country.

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From The Glossary »

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Compound Interest:

Compound interest is the accumulation of interest monthly, quarterly or annually including ‘interest on interest’. Interest is sometimes payable in respect of insurance and reinsurance contracts.
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