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NAICOM
African Alliance Secures Shareholders Nod to Raise N12bn, Eyes Return to Active Trading
BY NKECHI NAECHE-ESEZOBOR—The board of directors of African Alliance PLC on Wednesday got shareholders nod to raise N12 billion additional capital to shore...
Mutual Benefits Assurance Bags ‘A-’ Rating as Agusto & Co. Hails Improved Profitability
BY NKECHI NAECHE-ESEZOBOR—-Agusto & Co. has upgraded the long-term credit rating of Mutual Benefits Assurance Plc from ‘Bbb+’ to ‘A-’, with a stable...
Cornerstone Insurance Unveils “Cornerstone 3.0” Transformation Agenda at 2026 Brokers’ Business Lunch
Cornerstone Insurance PLC has unveiled key elements of its transformation agenda, “Cornerstone 3.0,” aimed at strengthening its operations, enhancing customer experience and positioning...
NAICOM to Release Funds in Escrow Account to Insurers by September 30
BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission, (NAICOM) on Friday said it will release deposited funds in Escrow with the Central Bank of Nigeria to ...
Post-Recapitalisation, Mutual Benefits Pledges Deeper Investment in Tech, Customer Experience
For more than 30 years, Mutual Benefits Assurance Plc has built its reputation on a simple promise: being there for Nigerians when protection...
NAICOM Denies Fraud Allegations Over ₦100bn Recapitalization, Says No Official Indicted or Detained
BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM) has denied allegations of fraud linked to the recently concluded ₦100 billion recapitalization exercise in the...
NAICOM Launches ISSP to Deepen Penetration, Boost Confidence
BY NKECHI NAECHE-ESEZOBOR—Nigerian Insurance industry regulator, the National Insurance Commission (NAICOM), on Thursday in Abuja launched the Insurance Sector Strengthening Programme (ISSP), a...
Sovereign Trust Insurance Receives NAICOM Recapitalisation Certificate
Sovereign Trust Insurance Plc alhas received its RecapitalisationCertificate from the National Insurance Commission (NAICOM), marking a significant milestone in the Company’s ongoing growth...
