Insurance

NAICOM Names Interim Board for Goldlink Insurance

By InvestAdvocate Lagos (INVESTADVOCATE)-The National Insurance         Commission (NAICOM) has appointed an interim board for embattled insurer, Goldlink Insurance Plc effective February 25, 2016, the company said in an issuer’s announcement with the Nigerian Stock Exchange (NSE) on Monday. According to Goldlink, the appointments by NAICOM came on the heels […]

Motorists, firms to pay more for insurance

January 28, 2016/Punch Nike Popoola The cost of procuring insurance cover for vehicles and corporate businesses will soon be reviewed upward by the Federal Government and operators in the underwriting business to make up for inflation and the lingering economic challenges in the country, investigation has revealed. Some of the […]

50% of Insurance Firms on Sale Block

Over 50 per cent of licensed insurance firms in Nigeria are  believed to be on the sale block  currently as a result of lack of liquidity injection by their directors, THISDAY investigation has revealed. A reliable source hinted weekend that the affected companies are in some form of mergers and […]