The Nigerian Insurers Association (NIA) has highlighted some of the rudiments of the Know Your Customers (KYC) requirements mandate handed insurance organisations by the regulatory body, National Insurance Commission (NAICOM). The umbrella body for insurance and reinsurance companies in the country said these measures in addition to protecting companies from […]

Strong indications  emerged last Monday that the House of   Representatives Ad hoc Committee probing the near collapse of Nigerian capital market would   look at the recommendations of a 15-man National Committee (NC) set up to review the market structure and processes in 2009 as a further guide in its national […]

The House of Representatives Ad Hoc Committee probing the near collapse of the Nigerian Capital Market Tuesday ordered the Central Bank of Nigeria (CBN) to furnish it, Wednesday, with the report of its forensic audit which it relied upon to sack the management teams of eight commercial banks in 2009. […]