Tag: NAICOM
NAICOM CEO Sunday Thomas loses wife
Commissioner for insurance/chief executive officer (CEO) of the National Insurance Commission (NAICOM) Sunday Thomas, has lost his wife Oyinade Thomas.
Mrs Thomas died on Friday...
Consumers reject NAICOM’S increase in third-party insurance fee
The Insurance Consumers Association of Nigeria (INSCAN) has called on the National Insurance Commission (NAICOM) to reverse its directive on the increase of third-Party...
NAICOM hikes third-party vehicle insurance price to N15,000
The National Insurance Commission (NAICOM) has raised third-party insurance cover for motorists from N5,000 to N15,000 yearly with effect from January 2023.
The approval is...
Court stops NAICOM from winding up Standard Alliance
A Federal High Court in Lagos has restrained the National Insurance Commission (NAICOM) from liquidating the Standard Alliance Insurance Plc pending hearing and determination...
Why NAICOM revoked licences of Niger Insurance, Standard Alliance
The National Insurance Commission (NAICOM) has cancelled the certificates of registration of Niger Insurance Plc and Standard Alliance Insurance Plc over their inability to...
NAICOM revokes Niger Insurance, Standard Alliance’s operational licences
The National Insurance Commission (NAICOM) has withdrawn the certificates of registration of Niger Insurance Plc and Standard Alliance Insurance Plc.
The regulator stated this in...
Adeosun brokers resolution to NAICOM/PENCOM dispute over annuity assets
The Minister of Finance, Mrs. Kemi Adeosun, has intervened and brokered a resolution to the dispute between the National Pension Commission (PenCom) and the...