Nigeria Re, and NICON Insurance Limited have dragged the National Insurance Commission (NAICOM) to court over the industry recapitalisation...

NAICOM said the exercise forms part of the Tinubu administration's financial sector transformation agenda aimed at achieving a $1 trillion economy by 2030.

By Innocent Anaba The National Insurance Commission, NAICOM, has revoked the operating licence of Nigeria Reinsurance Corporation over its failure to meet the statutory Minimum…