Finance Ministry orders review of NAICOM’s N680 million recapitalisation fees on two insurers
The Federal Ministry of Finance has directed the National Insurance Commission (NAICOM) to provide a legal justification for imposing a combined N680 million in recapitalisation-related charges on NICON Insurance Limited and Nigeria Reinsurance Corporation, while ordering the suspension of enforcement of the disputed fees pending the resolution of a petition filed by the two firms. […] The post…
We haven't written up this one. Nairametrics has the full story — the link below goes straight to it.
