₦airaland Forum

I have said before, and i will keep saying it, that time have pass when will fold our hands and allow everything we work for damage. Economic is not that friendly again, and one must do everything to protect whatever he/she got. Be it investment, house, car, education or whatever. Is very very important to pay great attention to them, and the
only way to do that is to get them all insure. The rate at which other countries are developing have been attributed to insurance. The importance they pay to insurance, haven over the years discover the benefit of it. No one now spend his or her life time doing one thing. to me this is the basic of life the knowledge to do things right and prosper therein. Lets continue, www.careinsure..com

kellyjoesteve:
I have said before, and i will keep saying it, that time have pass when will fold our hands and allow everything we work for damage. Economic is not that friendly again, and one must do everything to protect whatever he/she got. Be it investment, house, car, education or whatever. Is very very important to pay great attention to them, and the
only way to do that is to get them all insure. The rate at which other countries are developing have been attributed to insurance. The importance they pay to insurance, haven over the years discover the benefit of it. No one now spend his or her life time doing one thing. to me this is the basic of life the knowledge to do things right and prosper therein. Lets continue, www.careinsure..com

NAICOM REVOKES LICENCES OF STANDARD ALLIANCE INSURANCE AND NIGER INSURANCE
Nigeria’s National Insurance Commission (NAICOM) on Tuesday announced the withdrawal of the operational licences issued to Standard Alliance Insurance Plc and Niger Insurance Plc. The regulator also announced the appointment of Sanya Ogunkuade and Aina Blankson as the receiver/liquidator for Niger Insurance Plc and Standard Alliance Insurance Plc respectively. Although no official reason was given for the revocation of the insurance firms’ operating licences, NAICOM by law can revoke the certificate of registration of an insurer if it is insolvent, about to suspend payment of claims to any extent, or unable to meet its obligations.
In a statement by NAICOM’s spokesperson, Rasaaq Salami, the commission said the revocation of the certificate took effect from June 21, 2022.
“This is to notify all insurance stakeholders and members of the public that the National Insurance Commission 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.”