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Business
SEC Freezes Assets of 9 Terrorism Financiers
BY NKECHI BAECHE-ESEZOBOR—The Securities and Exchange Commission (SEC) has directed capital market operators to freeze the funds, assets and other economic resources belonging...
NAICOM Recapitalisation: Universal Insurance Secures ₦7.13B Equity Deal with FPNG, Awaits NAICOM Approval
BY NKECHI NAECHE-ESEZOBOR—Universal Insurance Plc has entered into an investment agreement with FPNG Co-Nvest Limited (FPNG) for an equity capital injection of ₦7.128...
Guinea Insurance Positions for Next Growth Phase Following NAICOM Recapitalisation Approval
BY NKECHI NAECHE-ESEZOBOR—Emerging from National Insurance Commission, (NAICOM), sector-wide recapitalisation drive with a capital base exceeding ₦15 billion, Guinea Insurance Plc on Friday...
NAICOM Recapitalisation: Policarp Didam Commends NAICOM, Warns Ministry of Finance Against Interference
BY NKECHI NAECHE-ESEZOBOR—Policarp Didam, former Managing Director of Royal Exchange Prudential Life Plc, has applauded the leadership of the National Insurance Commission,(NAICOM), led...
Sovereign Trust Insurance Meets NAICOM’s New Recapitalisation Threshold, Reaffirms Market Confidence
BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc, has successfully met the new recapitalisation requirement for non-life insurance companies prescribed by the National Insurance Commission...
Sovereign Trust, Guinea Insurance, 5 Others Join Verified List in Final Recapitalization Clearance
BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc and Guinea Insurance Plc are among seven additional underwriting firms officially cleared and verified by the National...
Unitrust Insurance Celebrates 40 Years Of Trust, Reaffirms Commitment to Stakeholders
Unitrust Insurance Company Limited is celebrating its 40th Anniversary , marking four remarkable decades of delivering security, confidence and peace of mind to...
Celebrating Sunny Adeda: Alpha Choice Boss and Insurance Icon Hits 70th Milestone
The sounds of celebrations and thanksgiving will rent the air; anniversary chants will serenade the atmosphere in celebration of a great and charming...
