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All posts tagged "implementation"

  • Brokers to pay N2.5m for revoked licence

    NATIONAL Insurance Commission (NAICOM) has warned that any broker that loses its licence as a result of infraction would be asked to pay a penalty of N2.5 million. The Commissioner for Insurance, Fola Daniel, made this known...

    • Posted March 18, 2013
    • 0
  • Third party cheque policy takes off June 1

    The Central Bank of Nigeria (CBN) has ordered all banks to implement the policy on third party cheque withdrawal limit with effect from June 1, 2013, in a move to ensure uniform compliance by all the financial...

    • Posted March 12, 2013
    • 1