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Insurance sector recapitalisation nets N810bn, as NAICOM clears 7 more firms

The insurance sector recapitalisation exercise pushed by the National Insurance Commission (NAICOM) has created a capital base of about N810 billion, even as the regulator cleared the final seven insurance companies. The latest clearance takes the number of operators confirmed and verified to have met the new Minimum Capital Requirements (MCR) under the Nigerian Insurance […] The post Insurance…

We haven't written up this one. Ripples Nigeria has the full story — the link below goes straight to it.

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