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Insurance Sector
Recapitalisation: Sunday Thomas Backs NAICOM Over Regulatory Guidelines
Former Commissioner for Insurance, Olorundare Sunday Thomas, has thrown his weight behind the National Insurance Commission (NAICOM), dismissing concerns over regulatory guidelines and...
NAICOM Recapitalisation: Mohamed Kari Urges Finance Minister to Resist Political Lobbying by Failing Insurers
BY NKECHI NAECHE-ESEZOBOR—Former Commissioner for Insurance and Chief Executive of the National Insurance Commission (NAICOM), Alh. Mohamed Kari, on Wednesday called on the...
Insurers Back NAICOM’s Recapitalisation Framework, Celebrate Milestone Success
BY NKECHI NAECHE-ESEZOBOR—The Nigerian Insurers Association (NIA) on Wednesday reaffirmed its strong support for the National Insurance Commission (NAICOM) following the successful completion...
NAICOM Confirms Veritas Kapital’s Full Compliance with NIIRA 2025 Capital Requirements
BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM), has confirmed Veritas Kapital Assurance Plc full compliance with the minimum capital thresholds mandated under the...
FULL LIST: NIIRA 2025: NAICOM Eyes Liquidation for Non-Compliant Operators
BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission,((NAICOM), on Monday said only eight insurance companies are yet to be verified by the commission. The commission...
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...
Linkage Assurance Plc raises N16.2 billion from Rights Issue
Linkage Assurance Plc (the Company) announces the successful completion of its N16.2 billion Rights Issue, which opened on March 11th, 2026, and closed...
LASACO Secures SEC Approval for Share Allotment Ahead of Recapitalisation
BY NKECHI NAECHE-ESEZOBOR—LASACO Assurance Plc has secured the approval of the Securities and Exchange Commission (SEC) for the allotment of 9,236,321,546 ordinary shares...
