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NAICOM Announces Successful Completion of Insurance Sector Recapitalization Exercise
The National Insurance Commission,(NAICOM), today announced the successful completion of the twelve-month insurance sector recapitalization exercise. In pursuant to Section 15 and other...
ICPC Charges Officials of the Borno State Universal Basic Education Board to Embrace Culture of Transparency and Professional Rectitude
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has charged officials of the Borno State Universal Basic Education Board (BOSUBEB) to...
FULL LIST: 43 Insurance Firms Meet NAICOM Recapitalization Deadlines, As Exercise Concludes
The National Insurance Commission, (NAICOM), on Monday announced that 43 insurance and reinsurance companies successfully met the prescribed Minimum Capital Requirements. The commission...
BREAKING: 43 Insurance Firms Meet NAICOM Recapitalization Deadlines, As Exercise Concludes
BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission, (NAICOM), on Monday announced that 43 insurance and reinsurance companies successfully met the prescribed Minimum Capital Requirements....
Guinea Insurance Surpasses Minimum Capital Requirement with Successful Capital Raise
BY NKECHI NAECHE-ESEZOBOR—Guinea Insurance Plc has taken a major step toward solidifying its market position after successfully executing a ₦12.6 billion capital raise,...
H1 2026: Mutual Benefits Assurance Records 15.5% Asset Expansion to ₦204bn
BY NKECHI NAECHE-ESEZOBOR—Nigeria’s retail insurance giant, Mutual Benefits Assurance Plc has reported 2.57 percent growth in Insurance Revenue to ₦42.25 billion up from...
Veritas Kapital Assurance Forecasts ₦1.45bn PAT for Q3, Eyes ₦7.29bn Insurance Revenue
BY NKECHI NAECHE-ESEZOBOR—Veritas Kapital Assurance PLC has released its projection for third quarter ending September 30, 2026. According to its latest earnings forecast...
H1 2026: Veritas Kapital Slashes Reinsurance Costs to ₦5.72bn, Posts ₦11.77bn Revenue
BY NKECHI NAECHE-ESEZOBOR—Ahead of recapitalization deadline, Veritas Kapital Assurance PLC has released its unaudited financial statements for the half-year ended June 30, 2026,...
