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Business
SEC Moves To Curb Unclaimed Funds, Strengthen Investor Protection
The Securities and Exchange Commission (SEC) has intensified efforts to reduce unclaimed funds and other dormant investment assets by launching a Probate/Unclaimed Monies Awareness and Investor Clinic aimed at helping beneficiaries recover inherited investments and strengthening investor protection in Nigeria’s capital market. Speaking at the opening of the clinic in Abuja organised by the Commission […] The post SEC Moves To Curb Unclaimed Funds, Strengthen Investor Protection appeared first on Business Today NG.
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CHI Life Reaffirms Long-Term Commitment to Policyholders Following Successful Recapitalisation
CHI Life Assurance Limited, a subsidiary of Consolidated Hallmark Holdings Plc, has reaffirmed its financial strength and long-term commitment to policyholders following its successful compliance with the National Insurance Commission’s (NAICOM) recapitalisation requirements. The achievement positions the company among Nigeria’s financially strong and well-capitalised life insurance companies, demonstrating its readiness to deliver sustainable value, honour […] The post CHI Life Reaffirms Long-Term Commitment to Policyholders Following Successful Recapitalisation appeared first on Business Today NG.
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SEC intensifies efforts to curb unclaimed funds, strengthen investor protection
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Cornerstone Insurance, FIN Insurance meet NIIRA 2025 recapitalisation requirement
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Osun gov’ship: APC turns Adeleke’s dancing into campaign weapon
Monday Okpebholo, Edo State governor, has thrust Governor Ademola Adeleke’s trademark dancing back to the centre of political discourse in read more Osun gov’ship: APC turns Adeleke’s dancing into campaign weapon
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Atiku condemns Osun account freeze as threat to democratic process
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AIICO retains composite licence without capital injection, reports strong performance Q2
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Rex Insurance meets new minimum capital requirement set by NAICOM
Rex Insurance Limited has met the new Minimum Capital Requirement (MCR) prescribed by the National Insurance Commission (NAICOM) under the read more Rex Insurance meets new minimum capital requirement set by NAICOM
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President Tinubu approves two-week leave for VP Shettima ahead of polls
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FIN Insurance Company Limited Surpasses New Minimum Capital Requirements, Secure New License
Left-Right: Executive Director, Technical Operations of FIN Insurance Company Limited, Kolawole Adekoya, Executive Director, Technical Operations and the Commissioner for Insurance (NAICOM), Segun Ayo Omosehin, at the presentation.   FIN Insurance Company Limited has received a new operational licence from the National Insurance Commission (NAICOM), confirming its full compliance with the recapitalisation requirements introduced under […] The post FIN Insurance Company Limited Surpasses New Minimum Capital Requirements, Secure New License appeared first on Business Today NG.
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Nigeria leads Africa in responsible AI, but deployment gap remains
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UNIDO Selects IfeanHealth for Nigeria’s 3D-Printed Prosthetics Innovation Programme
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Osun government to EFCC: There’s no looting of N11bn in our state
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Iran threatens to hit Gulf states if US launches new strikes
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Expert warns Africa on maritime investment
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Yan Diomande sets to become Africa’s most expensive player
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After $8bn burned, Nigeria’s idle 50-year-old mill gets new gas deal
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Tinubu says reforms drive NGX firms’ earnings surge in H1
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Kogi NAWOJ raise alarm over water, sanitary crises, increasing influx of destitute people at night, calls for urgent action
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Anchor Insurance MD Unveils Post-Recapitalisation Growth Plan with Over ₦25.5 Billion Capital Base
Dr. Ebose Augustine Osegha, MD/CEO, Anchor Insurance Company Limited [L] heartily receiving the Certificate of licensing of the Company as a Non-Life Insurer from the Commissioner for Insurance/CEO, Mr. Olusegun Ayo Omosehin [M] and flanked by Mr. Ekerete Ola Gam-Ikom, Deputy Commissioner for Insurance [Finance and Administration, NAICOM] at the Commission’s Head Office, Wednesday. Anchor […] The post Anchor Insurance MD Unveils Post-Recapitalisation Growth Plan with Over ₦25.5 Billion Capital Base appeared first on Business Today NG.
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How Gabon overtook Senegal as investors’ favourite African debt bet
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National Assembly, NDPHC partner to revive Akwa Ibom abandoned power project
The National Assembly has pledged to work with the Niger Delta Power Holding Company to resolve funding constraints and lingering read more National Assembly, NDPHC partner to revive Akwa Ibom abandoned power project
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Dangote refinery IPO enters final stretch ahead of October offer
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Hypocrisy on state police despite the glaring escalation of insecurity
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Dun & Bradstreet upgrades vendor platform with AI, compliance tools
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Starting October, Nigeria’s certified cloud register will decide which providers can handle banks’ sensitive data
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Moove becomes Africa’s most valuable mobility unicorn at $2.1bn, overtaking Egypt’s MNT-Halan and Algeria’s Yassir
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Coronation Asset Management opens N20bn infrastructure fund series II offer
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NAICOM Revokes Nigeria Reinsurance Licence Over Minimum Capital Deficit
BY NKECHI NAECHE-ESEZOBOR—For not meeting  the statutory Minimum Capital Requirement as stipulated by the Nigerian Insurance Industry Reform Act 2025, the National Insurance Commission (NAICOM), has withdrawn the operating licence of Nigeria Reinsurance Corporation.   The commission has also appointed Dr Muiz Banire, SAN, as receiver and provisional liquidator which took  effect on 3 August […] The post NAICOM Revokes Nigeria Reinsurance Licence Over Minimum Capital Deficit appeared first on Business Today NG.
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Vitafoam Nigeria’s profit rises by 45% on strong cash flow
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FG must crush terrorists as attacks shift to security operatives, Plateau council boss warns
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Lagos moves to regulate danfo operators under bus transition programme
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Abia first lady stimulates local economy as 600 widows benefit from N50m
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Is Osun going to war? Is Peace Accord in coma? As Ghosty intrusion on INEC register rankles
Nigerians have been assured that everything needed to deliver credible, free and fair election in Osun State on August 15, read more Is Osun going to war? Is Peace Accord in coma? As Ghosty intrusion on INEC register rankles
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U.S. eyes fresh investments in Nigeria’s solid minerals sector
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Nigeria’s economic recovery faces fresh test as business costs surge
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