Stanbic IBTC Insurance has met the minimum capital requirement set by NAICOM. This requirement is N10bn for insurers. Meeting this requirement has strengthened the financial capacity of Stanbic IBTC Insurance.
Further details about the development are available. The insurer's emergence as a stronger entity is a result of recapitalisation efforts.
More information can be found through the provided link, which offers additional insight into the situation.
Recent coverage curated from local and regional sources.
The African Democratic Congress, ADC, presidential candidate, Atiku Abubakar, on Sunday demanded a full account of the N11.2 trillion in the…
—Flags off Community Investment Fund to empower business women across Katsina —Inaugurates several road, public transportation projects, rec…
…Calls for INEC appointment reforms, independent candidacy The Nigerian Guild of Editors (NGE) has called for far-reaching constitutional an…
…Sowore seeks peace, progress as Nigeria marks 66th Independence By Olayinka Latona LAGOS — Lagos State Governor, Babajide Sanwo-Olu, and th…
The Osun State Government said it had taken steps to challenge both the bank accounts restriction and the underlying arbitration award. The …
By Luminous Jannamike ABUJA – The African Democratic Congress Presidential Campaign Council, ADC PCC, has accused the All Progressives Congr…
…Appeals to Tinubu, Yari to reconcile party leaders By Henry Umoru ABUJA — Ahead of the 2027 general elections, a chieftain of the All Progr…
The Kebbi State chapter of the Nigeria Union of Teachers has commended teachers for their resilience and commitment despite the country’s ec…
Vice President Kashim Shettima on Sunday flagged off the disbursement of the Community Investment Fund (CIF) under the Nigeria for Women Pro…
Ayuba’s endorsement adds to the growing support for Mr Tinubu among entertainers. The post 2027: Adewale Ayuba backs Tinubu’s re-election, g…
By Omeiza Ajayi ABUJA: Federal Capital Territory FCT minister, Nyesom Wike, has pressed a former Rivers State Governor, Rotimi Amaechi, to a…
The National Association of Nigerian Students has urged the Ogun State Government to convert the Gateway Industrial and Petro-Gas Institute …
Email updates from this publication. No spam. Easy unsubscribe.
By subscribing you agree to our privacy policy. We never sell your data.