Professional Service
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560NAICOM Tightens Insurers’ Recapitalisation Oversight
The National Insurance Commission has heightened its oversight of the ongoing industry recapitalisation, as it prepares to commence formal verification of the...
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666
NAICOM, BPP Collaborate on Public Procurement Compliance
The National Insurance Commission has signed a Memorandum of Understanding with the Bureau of Public Procurement to strengthen the insurance industry, particularly...
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624
NAICOM, NCGC Seal Pact to Unlock Credit Access for MSMEs, Consumers
The National Insurance Commission (NAICOM) and the National Credit Guaranty Company (NCGC) have moved to deepen their partnership to ease financing barriers...
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612Personal Pension Savings Stagnant, Records 92.4% Unfunded Accounts
Despite efforts by the National Pension Commission (PenCom) to encourage personal pension savings, total of 191,240 Personal Pension Plan (PPP), about 92.4...
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782
NDIC Reaffirms Commitment to Prompt Payouts, Strengthens Claims Process
The Nigeria Deposit Insurance Corporation (NDIC) has reiterated its commitment to ensuring prompt access to depositors’ funds in the event of a...
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600
Recapitalisation: NAICOM Warns Insurers on Disclosure, Capital Shortfalls
The National Insurance Commission has flagged weak financial disclosures, solvency gaps and deficiencies in recapitalisation planning by some insurance companies, warning that...
