The National Insurance Commission, (NAICOM) on Tuesday announced it has cancelled the licence of Niger Insurance and Standard Alliance Insurance PLC.
This is contained in a statement released to BusinessToday Online by Rasaaq ‘Salami, Head, Corporate Communications and Market Development which thus read:
“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.
The notice added that all stakeholders are advised to forward their enquiries to the respective Receiver/Liquidator for each company for their necessary action.
The Commission further assured all stakeholders of the safety and protection of their interests.
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