Nigeria Completes Insurance Recapitalisation as 43 Firms Meet New Capital Rules
Nigeria’s insurance sector has completed a long-anticipated recapitalisation exercise, with 43 insurance companies meeting the new minimum capital requirements set by the industry regulator, according to FSX Business. The recapitalisation was ordered by the National Insurance Commission (NAICOM), which directed all operating insurance firms in the country to shore up their capital bases. The exercise […]
Nigeria Completes Insurance Recapitalisation as 43 Firms Meet New Capital Rules Read More »