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Recapitalisation: Companies with outstanding claims will not be relicensed — NAICOM

By Rosemary Iwunze As the insurance recapitalisation deadline of July 31st 2026 draws near, the National Insurance Commission, NAICOM, has stated that it will not re-license any company with outstanding claims.  In a letter to all Managing Director/CEOs of insurance companies, issued yesterday, titled: “Regulatory Directive – Settlement of Discharged Claims as A Precondition for Re-Licensing […]

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Beta Glass injects N1tr into economy in 10yrs, unveils new board

By Jimoh Babatunde Beta Glass Plc says it has contributed over N1 trillion to Nigeria’s economy in the last 10 years, reaffirming its commitment to expanding investments, sustainable manufacturing and shareholder value. At its 52nd Annual General Meeting in Lagos, shareholders approved key resolutions, including the reconstitution of the Board of Directors. According to an independent […]

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