NAICOM Revokes Nigeria Reinsurance Licence, Appoints Liquidator
The National Insurance Commission (NAICOM) has revoked the operating licence of Nigeria Reinsurance Corporation. Muiz Banire has been appointed as the receiver/liquidator for the company.
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NAICOM revokes Nigeria Reinsurance licence, appoints Banire liquidator
NAICOM has revoked Nigeria Reinsurance Corporation’s licence due to capital non-compliance, appointing Dr. Muiz Banire SAN as liquidator to wind up its aff Read More: https://punchng.com/naicom-revokes-nigeria-reinsurance-licence-appoints-banire-liquidator/
By Punch Newspapers
Read full article →NAICOM revokes Nigeria Reinsurance’s licence, appoints Muiz Banire as receiver/liquidator
By Innocent Anaba The National Insurance Commission, NAICOM, has revoked the operating licence of Nigeria Reinsurance Corporation over its failure to meet the statutory Minimum Capital Requirement, MCR, and appointed Dr. Muiz Banire, SAN, as Receiver/Provisional Liquidator to wind up the company’s affairs.The appointment took effect on August 3, 2026, following the cancellation of the […] The post NAICOM revokes Nigeria Reinsurance’s licence, appoints Muiz Banire as receiver/liquidator appear...
By Oboh
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