The Commissioner for Insurance, Mr. Fola Daniel, has said NAICOM will commence enforcement of the risk management framework for the industry in July. He said this during the awareness workshop on guidelines for risk management framework for chief executive officers of the insurance companies in Lagos. Daniel said, “Implementation of […]

The Chartered Institute of Stockbrokers has called on the Federal Government to consider the establishment of a stabilisation fund for the market. According to the institute this fund would go a long way to address the illiquidity challenge that was currently faced by brokers in the market. A statement from […]

Implementation of service charges of the cash-less policy on deposits and withdrawals above N500, 000 and N3m for individual accounts and corporate accounts respectively as planned by the Central Bank of Nigeria, begins on Monday (today) in Lagos State. The CBN had announced that effective from April 1, 2012, daily […]