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Business
Coronation Insurance Reinforces Commitment to Customers with ₦8.3 Billion Claims Payment in H1 2026
Demonstrating its unwavering commitment to standing by customers when it matters most, Coronation Insurance Plc paid ₦8.3 billion in gross claims during the...
NIA Commends NAICOM on Recapitalization Exercise
The Nigerian Insurers Association (NIA) has commended the National Insurance Commission (NAICOM) for its fair, transparent and structured implementation of the minimum capital...
Seplat CEO Charges Independent Operators On Asset Integrity And Cost Optimization
Independent oil and gas producers in Nigeria must prioritize asset integrity, address operational obsolescence, and systematically extend facility life spans to maximize asset...
SEC Moves To Curb Unclaimed Funds, Strengthen Investor Protection
The Securities and Exchange Commission (SEC) has intensified efforts to reduce unclaimed funds and other dormant investment assets by launching a Probate/Unclaimed Monies...
CHI Life Reaffirms Long-Term Commitment to Policyholders Following Successful Recapitalisation
CHI Life Assurance Limited, a subsidiary of Consolidated Hallmark Holdings Plc, has reaffirmed its financial strength and long-term commitment to policyholders following its...
FIN Insurance Company Limited Surpasses New Minimum Capital Requirements, Secure New License
Left-Right: Executive Director, Technical Operations of FIN Insurance Company Limited, Kolawole Adekoya, Executive Director, Technical Operations and the Commissioner for Insurance (NAICOM), Segun...
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...
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...
