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SEC vs stockbrokers: Resolving grey areas of consolidation

By Udeme Ekwere Capital market activities improved significantly, last year, with the establishment of the Asset Management Corporation of Nigeria. However, the recent announcement by the Securities and Exchange Commission that it is working towards reducing the number of stockbrokers through consolidation has generated a controversy, which experts say may […]

‘Why NAICOM suspended IAA’s licence’

By Nike Popoola The National Insurance Commission, on Thursday, announced the suspension of the management of the Investment and Allied Assurance Plc, for the mismanagement of N26.6bn among other misconducts. In the course of an on-site inspection exercise, NAICOM said in a statement on Friday that it discovered a number […]

Making compulsory insurance work

By NIKE POPOOLA After introducing six major compulsory insurance policies in some states in Nigeria, the National Insurance Commission has moved to the enforcement stage. Experts highlight key points to consider at this stage. NIKE POPOOLA writes Last year, the National Insurance Commission introduced six compulsory insurance policies in five […]