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Insurance World

Anchor Insurance MD Unveils Post-Recapitalisation Growth Plan with Over ₦25.5 Billion Capital Base

Dr. Ebose Augustine Osegha, MD/CEO, Anchor Insurance Company Limited [L] heartily receiving the Certificate of licensing of the Company as a Non-Life Insurer...

Insurance World

NAICOM Revokes Nigeria Reinsurance Licence Over Minimum Capital Deficit

BY NKECHI NAECHE-ESEZOBOR—For not meeting  the statutory Minimum Capital Requirement as stipulated by the Nigerian Insurance Industry Reform Act 2025, the National Insurance...

Insurance World

Cornerstone Insurance, FIN Insurance NIIRA 2025 Recapitalisation Requirement

L-R: Managing Director/Chief Executive Officer of Cornerstone Insurance Plc, Mr. Stephen Alangbo; (3rd) Deputy Commissioner for Insurance Technical, National Insurance Commission (NAICOM), Dr....

Energy

Seplat Energy Records 498% Profit Surge to $164m, Declares 12 Cents Dividend for H1 2026

BY NKECHI NAECHE-ESEZOBOR—Seplat Energy Plc, a leading Nigerian independent energy producer listed on both the Nigerian Exchange and London Stock Exchange, has delivered...

Insurance World

AIICO Insurance Gains NAICOM Compliance Clearance, Hits ₦661bn Total Assets

AIICO Insurance Plc has received a new operational licence from the National Insurance Commission (NAICOM), confirming its full compliance with the recapitalisation requirements...

Insurance World

AIICO Insurance Emerges Sole West African Finalist at 6th OESAI Quiz Competition, Wins WAICA Praise

NBY NKECHI NAECHE-ESEZOBOR—AIICO Insurance Plc has emerged as the sole representative from the West African sub-region to reach the finals of the 6th...

Insurance World

Prudential Zenith Life, Standard Chartered Bank Launch Bancassurance Deal in Nigeria

From left: Head, Bancassurance & Client Proposition, Standard Chartered Bank Nigeria, Funmi Dosumu; Head, Wealth Solutions, Standard Chartered Bank Nigeria, Ernest Adejumo; Head,...

Capital

SEC Hosts Investor Clinic Tomorrow to Help Capital Market Investors Recover Unclaimed Monies

The Securities and Exchange Commission (SEC) will tomorrow hold an investor clinic to educate investors and beneficiaries on how to recover unclaimed monies...

Insurance World

Heirs General Insurance, Heirs Life Meet NAICOM Capital Requirements, Set Plans For Post Recapitalisation

BY NKECHI NAECHE-ESEZOBOR—Heirs General Insurance and Heirs Life Assurance have  met the National Insurance Commission’s (NAICOM) recapitalisation requirements. This development follows the conclusion...