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Get to know Nigerian Actuarial Society

Inaugurated in 1984, The Nigerian Actuarial Society (NAS) serves as the umbrella organization for all actuaries and actuarial students in Nigeria. Its core mission is to promote the study, practice, and business of actuaries in the nation by setting and enforcing ethical and professional standards for its members. The society also plays a significant advisory role to government and corporate bodies on actuarial matters, contributing to policy-making and financial stability.

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Nigerian Actuarial Society

Nigeria

Founded in

1986 (40 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

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A Grade License

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B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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