NAICOM Cancels Registration Certificates of Niger , Standard Alliance Insurance firms
The National Insurance Commission (NAICOM) has cancelled the registration Certificates of Niger Insurance Plc and Standard Alliance Insurance Plc with effect from June 21, 2022.
In a public notice signed by the Head of Corporate Communication and Market Development of NAICOM Mr ‘Rasaaq Salami and made available to Business Africa Digest in Abuja, the insurance regulator said all enquiries should be directed to the respective Receiver/Liquidator for each company for their necessary action.
Read full text of the Notice below:
This is to notify all insurance stakeholders and members of the public that the National Insurance Commission, NAICOM has CANCELLED the certificates of registration of Standard Alliance Insurance Plc, RIC – 091 and Niger Insurance Plc, RIC – 029 with effect from the 21st day of June, 2022.
Consequently, the Commission has appointed Sanya, Ogunkuade Esq of Plot 217, Upper Grace Plaza, 3rd Floor (Left Wing), Shetima Munguno Crescent, Behind Julius Berger Equipment Yard, Utako, Abuja as the Receiver/Liquidator for Niger Insurance Plc and, Kehinde Aina Esq of Aina Blankson LP, 5/7, Ademola Street, SW Ikoyi, Lagos as the Receiver/Liquidator for Standard Alliance Insurance Plc.
All stakeholders are advised to forward their enquiries to the respective Receiver/Liquidator for each company for their necessary action.
The Commission assures all stakeholders of the safety and protection of their interests.
