Insurance

NAICOM talks tough, liquidates two insurance firms

Insurance sector operators will face stricter supervision in 2020, the National Insurance Commission (NAICOM) has said, announcing its liquidation of…

NAICOM approves two new takaful insurance firms for take off

The National Insurance Commission (NAICOM) has granted approval in principle (AIP) to two new firms. A statement issued by Rasaaq…

Consolidated Hallmark Insurance hints N4bn capital raise to meet recapitalisation requirements

Eddie Efekoha, chief executive officer Consolidated Hallmark Insurance Plc., has disclosed that the company will visit the market towards raising…

AIICO announces Babatunde Fajemirokun as new MD/CEO

Babatunde Fajemirokun is the new managing director and chief executive officer of AIICO Insurance Plc. His appointment was announced by…

Investment firm, Eaton, increases stake in NEM Insurance, eyes board position

Eaton Acquisitions Limited, an investment company has increased its stake in NEM Insurance to 9 percent, days after it announced…

Staco Insurance appoints Jackson, Etti & Edu company secretary

Staco Insurance Plc. Tuesday announced the appointment of Messrs Jackson, Etti & Edu as the company's secretary following the resignation…