Tuesday, March 31, 2026
26.9 C
Lagos

Court Restrains NAICOM over Guinea Insurance

A Federal High Court sitting in Abuja has restrained the National Insurance Commission (NAICOM) from restricting Guinea Insurance Plc from taking in new businesses pending the determination of the substantive suit (FHC/ABJ/CS/151/2019) filed against the insurance industry regulator by the company.

The court presided over by Hon. Justice I. E. Ekwo granted the Order of Mandatory Injunction against NAICOM last Friday when the matter came for hearing.

spot_img
spot_img
spot_img

Hot this week

Railway Infrastructure is One of the Solutions to Africa’s Trade Expansion

By Caroline Trefault Intermodal Africa Manager at MSC As Africa’s...

APC Chairman, Nentawe Yilwatda, Hails President Tinubu at 74

Professor Nentawe Yilwatda, National Chairman, All Progressives Congress (APC),...

NCC Directs Telecom Operators to Compensate Subscribers for Poor Network Service

The Nigerian Communications Commission (NCC) has directed Mobile Network...

BudgIT Demands Accountability over N129.5bn Disbursed on 2023 Census Without Result

Nigeria's last credible population census was conducted in 2006....

Topics

Bearish Sentiment Persist on Declines in Market Bellwethers… NSE ASI down 0.6%

The bearish sentiment persisted in the local bourse yesterday...

WIMBIZ Co-Founder Charges Olashore School Graduates on Excellence

The Co-Founder of Women in Business, Management, and Public...

NAICOM, NHIS Partner on Indemnity Insurance for Health Workers

R-L: Mr. O. S. Thomas, Commissioner for Insurance/CEO, National...

Rand Merchant Bank Nigeria Acts as Lead Issuing House on the N236bn PRESCO Rights Issue

Rand Merchant Bank Nigeria Limited is pleased to announce...

Nigerian Fertilizer Firms to Benefit from $2.2m Financing

    The Africa Fertilizer Financing Mechanism (AFFM) has kick-started a...

The Power of Faith to End Extreme Poverty by 2030

Over 30 leaders from major world religions and heads...

EFCC Invests in Digital Forensics to Tackle Emerging Crime Challenges

L-R: Dr. Abidemi Cornelius Adegboye, Department of Economics, University...

IATA, FIATA Unveil New Air Cargo Program

The International Air Transport Association (IATA) and the International...
spot_img

Related Articles

Popular Categories

spot_imgspot_img