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Tag Archives: NAICOM

NAICOM Sacks African Alliance Insurance Board, Management

THE National  Insurance Commission (NAICOM) on Wednesday wielded the big stick, sacking the board and management of the ailing African Alliance Insurance Plc, one of Nigeria’s oldest life assurance companies. The regulator, having taken over the insolvent firm over  failure to meet obligations to annuitants and policyholders, has also appointed …

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