NAICOM takes action to protect government assets from unlicensed brokers and agents

Cynthia Ezekwe In a bold move to facilitate ethical pratices in the insurance industry and to protect government assets and liabilities from being exposed to risk, the National Insurance Commission (NAICOM) has issued a stern warning to all Ministries, Departments, and Agencies (MDAs) to refrain from engaging the services of unlicensed brokers, agents, and insurance […]

Reps move to investigate N15trn pension fund assets

Business A.M The House of Representatives has resolved to initiate an inquiry into the state of pension funds, amounting to over N15.5 trillion and to recover the N10 trillion loaned to the federal government from the pension fund to avert a collapse of the pension scheme. The development is a result of an unanimous adoption […]