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The Nigerian Insurers Association (NIA) has commended the National Insurance Commission (NAICOM) for its recent extension of deadline for recapitalisation of insurance and reinsurance companies in the country, describing it as a step in the right direction.
The National Insurance Commission (NAICOM) has extended the recapitalisation deadline for Insurance and Reinsurance Companies earlier slated for June 30, 2020, to December 31, 2020.
The Senate on Wednesday approved the sun of N140,383,591,000 for the Nigerian Communications Commission (NCC) for the 2020 fiscal year.
The House of Representatives has resolved to investigate breaches, impunity and other infractions of some federal government institutions on insurance and actuarial matters.
The Senate on Wednesday at the plenary mandated its Committee on Local Content to investigate reasons for the dominance of foreign vessels above locally owned and registered vessels in the domestic carriage of petroleum products within coastal inland waterways of Nigeria.
Senate on Wednesday began the Confirmation process of Edward Lametek Adamu as the Chairman of the Asset Management Corporation of Nigeria, AMCON.
The House of Representatives Joint-Committee on Insurance & Actuarial Matters, Health Services and Health Institutions, has disclosed that despite a steady guzzle of billions of public funds in 15 years, the National Health Insurance Scheme (NHIS) has captured less than five per cent of Nigerians.
The National Insurance Commission (NAICOM) has approved the appointment of Haruna Mohammed and Uzoma Igbonwa as the nonexecutive directors for Standard Alliance Insurance Plc.
The Senate Committee on Banking, Insurance and other Financial Institutions has said that Assets Management Company of Nigeria which was set up by the government to buy back bad debts by banks has become a drain on the nation’s economy, adding something must be done to reverse the trend.
The Senate has expressed its displeasure over the poor regulation of insurance companies in the country, concerned about the low enlightenment of Nigerians on insurance policies.
The National Insurance Commission (NAICOM) has granted no objection to 44 insurance companies to proceed with their recapitalisation plan.
The total asset of 58 insurance companies as at 2018 stands at N1.3 trillion, Acting Commissioner, National Insurance Commission (NAICOM), Mr Olorundare Sunday Thomas has said.
Veteran Nollywood actress, producer and TV personality, Monalisa Chinda, has called for improved welfare and better working environment for Nigerian actors.
The bank said this in the 2018 Annual Report on the National Financial Inclusion Strategy Implementation posted on its website.
The Nigerian Investment Promotion Commission on Friday said it recorded a total investment commitment of $9.29bn in the third quarter of this year.
A 42-year old businessman, Joshua Alele Momodu has been ordered remanded at the Ikoyi Correctional Facility, Ikoyi, Lagos pending when he will be able to perfect the bail conditions granted him by an Igbosere Chief Magistrates’ Court for allegedly obtaining the sum of N42 million from the management of Adeeman Nigeria Limited under false preference.
A Dutse Grade 1 Area Court, Abuja on Friday sentenced a 20-year-old man, Aliyu Musa, to six months imprisonment for stealing yams valued at N100,000.
The major stakeholders of the All Progressives Congress (APC) in the 20 wards of Port Harcourt City council area (PHALGA) of Rivers State have accused Governor Nyesom Wike of desperately lobbying to join the APC, since the former Vice-President, Alhaji Atiku Abubakar is not allowing him (Wike) to take over the People’s Democratic Party (PDP).
Confederation Cup campaigners Enyimba have a good chance of pushing closer to the next round as the host Hassania Agadir of Morocco on Sunday.
Vice-President Yemi Osinbajo on Saturday asserted that the Finance Act 2020 would stimulate the Nigerian economy and put the country on the path of geometric economic growth.
Manchester United have joined three of their Premier League rivals in the race to sign AC Milan striker Krzysztof Piatek, it is reported.
The Nigerian Army has dismissed the report of killing and abduction of soldiers by Boko Haram terrorists along Gwoza-Bama road in Borno.
The General Overseer of Our Sanctuary Gospel Church, Nigeria, Bishop Udo Azogu, has advised former governor of Imo state, Hon. Emeka Ihedioha and his party, PDP to take the Supreme Court judgement in good faith.
Governor Ortom’s victory at Supreme Court, true reflection of Benue electorate’s decision – ex-minister
Former Minister of State, Education and Chairman Benue State Civil Service Commission, Professor Jerry Agada, has described Governor Samuel Ortom’s victory at the Supreme Court as a true reflection of Benue electorates’ decision at the last general elections.
Former Super Eagles winger Victor Moses has dismissed concerns over his fitness level ahead of his loan move to Inter Milan which should have been completed by now.