Nigeria's Biggest Insurance Firm, NICON Loses License, Taken over by Receiver Manager

Nigeria's biggest insurance firm, NICON loses license, taken over by receiver manager

Nigeria’s biggest insurance company, National Insurance Corporation of Nigeria, NICON, has finally lost its operational licence and taken over by a Receiver Manager. The operational licence of NICON – owned by the Federal Government and established in 1969 by Decree 2 – has been revoked by the National Insurance Commission, NAICOM, Nigeria’s insurance regulatory body. […] Nigeria’s biggest insurance firm, NICON loses license, taken over by recei…

Nigeria’s Biggest Insurance Firm, NICON, Loses Operating Licence As NAICOM Appoints Receiver

The National Insurance Commission (NAICOM), Nigeria’s insurance industry regulator, cancelled NICON’s licence. The company, which is owned by the Federal

FG-Owned NICON Loses Licence Over Capital Requirements

Nigeria’s Biggest Insurance Firm, NICON Loses Licence, Taken Over by Receiver Manager Nigeria’s biggest insurance company, National Insurance Corporation of Nigeria, NICON, has finally lost its operational licence and has been taken over by a Receiver Manager. The operational licence of NICON – owned by the Federal Government and established in 1969 by Decree 2 […]

NICON Licence Revoked by NAICOM, Receiver Manager Appointed

The National Insurance Commission has revoked the operational licence of the National Insurance Corporation of Nigeria, effectively placing the state-owned i...

NAICOM cancels NICON operating licence RIC - 049, appoints Ume SAN as Receiver/Liquidator — National Accord Newspaper %

The National Insurance Commission (NAICOM) has cancelled the operating licence NICON Insurance Limited, that is the certificate of Registration of NICON Insurance Co.Ltd RIC – 049 and appointed a Senior Advocate of Nigeria (SAN), Chukwuma -.Machukwu Ume as Receiver/Provisional Liquidator of the company. The cancellation of the insurance company operating