cbn

The Commissioner For Insurance, Mr Fola Daniel has revealed that the National Commission may be self-financing as from the next fiscal year.This was contained in the  May/June edition of the NAICOM Bulletin This implies that the Commission would no longer depend on government funding for any of its projects or programmes. Also, the Commission generated a [...]

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Following the repeal of the Universal banking Guidelines by the Central Bank of Nigeria (CBN) and the directives to all deposit taking banks in Nigeria to divest from all non-banking businesses or set up a holding company structure by end of April, 2012. Insuranceadvicenigeria.com gives you a detailed update of the CBN directives as it [...]

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Following the recent divestment by Skye Bank Plc of its 51% shareholdings and the subsequent takeover of the controlling shares by a new Core Investors comprising Alternative Capital Partners and Swede Control Intertek, Law Union & Rock Insurance Plc now has a new Acting Managing Director. At a Town Hall meeting held on Thursday 19th April, [...]

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