The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has queried the National Insurance Commission (NAICOM) over its imposition of a 1% Capital Injection Fee, alongside verification fees to be paid by insurance companies in the ongoing sector recapitalization exercise.

By Emma Ujah, Abuja Bureau Chief ABUJA — The Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, has queried the National Insurance Commission, NAICOM,…

FG Queries NAICOM, Demands Response on Alleged Demand of N500 Million Shareholders’ Funds from NICON Insurance, Nigeria Reinsurance