NAICOM escalates capital base for insurance Firms by 200%

Posted by - May 21, 2019

The insurance sector regulator, the National Insurance Commission (NAICOM), announced recently a major increase in the minimum paid-up share capital of insurance and reinsurance firms. According to the new capital regime stated, life insurance underwriting firms, which currently have a minimum paid up share capital of N2 billion, will compulsorily shore up their capital to

Dangote Refinery Provides Vocational Skills to 200 Lagos Youths

Posted by - March 21, 2019

Dangote Petroleum Refinery & Petrochemicals Company has inaugurated a vocational training scheme that will instill necessary skills in young men and women from the Ibeju-Lekki area of its operation. The company said the initiative was part of efforts aimed at making youths from its host communities employable. The Executive Director, Capital Projects, Dangote Group, Mr