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Nigeria’s biggest Insurance Firm, NICON loses license, taken over by Receiver Manager.

  The crisis ridden Nigeria’s biggest Insurance Company, the National Insurance Corporation of Nigeria (NICON) has finally lost its operational licence and taken over by a Receiver Manager. NICON owned by the Federal Government and established in 1969 by Decree 22 was axed by the National Insurance Commission (NAICOM), the Insurance Regulatory body that revoked…

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Alleged KWSUBEB Fund Diversion: Witnesses’ absence stalls proceedings in Ex-Gov Ahmed’s case * Case adjourned to Nov 9

Alleged KWSUBEB Fund Diversion: Witnesses’ absence stalls proceedings in Ex-Gov Ahmed’s case * Case adjourned to Nov 9 Stephen Olufemi Oni, Ilorin Not much could be achieved on Monday at the Kwara State High Court sitting in Ilorin in the criminal proceeding involving former Governor Abdulfatah Ahmed and his former Commissioner for Finance, Ademola Banu,…

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Court Dismisses David Mark’s objection to Nafiu Gombe’s Suit on ADC leadership dispute. *imposes ₦500, 000 fine each on Mark, Aregbesola.

  Justice Peter Odo Lifu of the Federal High Court has dismissed the objections by the National Chairman of the African Democratic Congress ADC, Senator David Mark to the bid by a chieftain of the party, Nafiu Bala Gombe, to amend his claims in the leadership suit filed against ADC and others. The Judge in…

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