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Emerging Markets

Recapitalisation: NAICOM revokes Nigeria Reinsurance licence, freezes bank accounts

Nairametrics · 1h ago · 🇳🇬 Nigeria

Recapitalisation: NAICOM revokes Nigeria Reinsurance licence, freezes bank accounts

The National Insurance Commission (NAICOM) has revoked the operating licence of Nigeria Reinsurance Corporation over its failure to meet the statutory minimum capital requirement under the Nigerian Insurance Industry Reform Act (NIIRA) 2025. The post Recapitalisation: NAICOM revokes Nigeria Reinsurance licence, freezes bank accounts appeared first on Nairametrics .

Read the full story at Nairametrics →

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