Home Topics NAICOM
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) says 2020 is a year to turn around the fortunes of the insurance industry.
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.
Sovereign Trust Insurance Plc has listed additional 4.17 billion ordinary shares of 50 kobo each on the Nigerian Stock Exchange (NSE), the last step in its recent capital raising process.
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 College of Insurance and Financial Management (CIFM), Lagos-Ibadan Expressway held the Sod Turning Ceremony of its proposed N310 million auditorium to boost infrastructure development.
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.
Board members of some insurance firms have interfered in management functions and contributed to their problems, the Acting Commissioner, National Insurance Commission (NAICOM), Mr. Sunday Thomas, has said.
The Insurance sector life annuity fund portfolio stood at about N323 billion at the end of the second quarter of 2019.
The National Insurance Commission (NAICOM) has been advised not to totally dispose off insurance companies that fail to meet the new minimum capital requirement for underwriters but instead, convert them to micro-insurers.
The National Insurance Commission (NAICOM) has granted approval in principle (AiP) to Cornerstone Takaful Insurance Company Limited and Salam Takaful Insurance Company Limited as Composite Takaful operators to transact both family and general Takaful businesses in Nigeria.
The General Overseer of the Redeemed Christian Church of God, (RCCG), Pastor Enoch Adeboye, has made another donation of N20 million to Osun State government to support its effort to cushion the effect of coronavirus (COVID-19) on Osun residents.
Fear grips a family in Limawa area of Minna in Niger as they denied a family member access to the family compound over fear that he had contracted the Coronavirus Disease.
While there’s zero factual support for a conspiracy theory linking the COVID-19 virus to 5G cellular technology — and the scientific community has concluded that 5G is safe — the UK government was forced today to explicitly address the topic after arsonists burned down a cell tower over 5G, and used Facebook to encourage others to follow suit.
The United Nations Secretary-General Antonio Guterres has praised the Nigerian government for handling the Coronavirus pandemic well.
Skype is trying to make it as easy as possible to use its video calling software. The company announced today that users can now start a video meeting and invite people to it without using the app or even having an account; the process is done completely on the web.
Edo State index case of the Coronavirus, who happens to be the speaker of the State House of Assembly, Rt. Hon. Frank Okiye, will be discharged this week after he has tested negative in the latest test carried out on him.
Anambra State Government has announced the closure of all its entry and exit points with neighbouring states.
Malians headed to the polls on Sunday for a long-delayed parliamentary election just hours after the country recorded its first coronavirus death and with the leading opposition figure kidnapped and believed to be in the hands of jihadists.
The Ogun State Government has announced the closure of its borders with its neighbouring states and the Republic of Benin to stem further spread of the coronavirus pandemic.
The Ebonyi State Government has appealed to traders to desist from unnecessary hikes in prices of food and other essential goods in the State, taking undue advantage of the global pandemic to extort the people.