National Insurance Commission

The total assets of Nigeria’s insurance industry rose to N2.7 trillion in the second quarter of 2023 (Q2, 2023). This was revealed in the latest bulletin of the insurance market performance released by the National Insurance Commission…

The National Insurance Commission (NAICOM) has raised Third-Party insurance coverage for motorists from N5,000 to N15,000 yearly with effective January 2023. The approval was contained in a circular: NAICOM/DPR/CIR/46/2022 addressed to…

The Senate has called on the Federal Government to fully implement the Executive Order on zero customs duty and zero Value Added Tax (VAT) on importation of commercial aircraft and aircraft spare parts, as well as implement the removal of…

Wapic Insurance Plc has sought the approval of the Nigerian Stock Exchange, NSE to list a Rights Issue of 15,613,194,623 ordinary shares of N0.50 each at N0.38 per share, on the basis of 7 new ordinary shares for every 6 ordinary shares…

By Babajide Okeowo   The Chairman, Mutual Benefits Assurance Plc. Dr. Akin Ogunbiyi has revealed that resolutions have been proposed to increase the company’s authorized share capital from N10 billion to N15 billion and also to authorize…