The Federal Government is now willing to enforce policy that will lead to fully insure its assets as presented by the National Insurance Commission (NAICOM). Following persuasive tendencies of the Commission, the Federal Government is likely to issue a circular ordering all Ministries, Departments and Agencies (MDAs) to insure their assets. Secretary to […]

Our attention has been drawn to an online report on the purported sale of Polaris Bank Limited. This publication is speculative, deliberately intended to create panic and should be disregarded by the banking public. Stakeholders may recall the regulatory intervention in the erstwhile Skye Bank by the CBN and the subsequent injection of capital via […]

Coronation Insurance has announced a gross premium income of N8.6 billion in the financial year ended December 31, 2021 compared to the N12.3 billion the company raked in the same period of 2020. The underwriter witnessed the hike in prices of things generally and economic condition of the country which dwindled businesses even insurance was […]

The Securities and Exchange Commission has again warned investors on the activities of unregistered investments crowdfunding platforms. Crowdfunding is the process of raising funds to finance a project or business from the public through an online platform. Crowdfunding portal is a website, portal, intermediary portal, application, or other similar module that facilitates interaction between fundraisers […]