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<a href="http://www.accessmylibrary.com/coms2/summary_0286-20488489_ITM" title="Facts and information about News round-up - Nigeria - NAICOM warns on recapitalisation.">News round-up - Nigeria - NAICOM warns on recapitalisation.</a>
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News round-up - Nigeria - NAICOM warns on recapitalisation.
(From Reinsurance)
Nigeria's National Insurance Commission (NAICOM) is urging (re)insurance companies in the country to make sure that they comply with new recapitalisation provisions.
Companies in Nigeria have to make sure that their capital bases are as close as possible to the required minimum of N 350m ($2.6m), as laid down in the Insurance Act 2003. The Act gave ...
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