Universal Insurance

Universal Insurance Sues NAICOM Over Licence Revocation, Seeks Halt To Receivership

According to the notice, the Federal High Court in Lagos granted Universal Insurance leave to commence proceedings against NAICOM and other respondents over what the insurer described as the “purported cancellation” of its licence and the receivership that followed.
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Diezani: EFCC Rejects UK Acquittal, Insists Forfeited Assets Won’t Be Returned

The Economic and Financial Crimes Commission (EFCC) has rejected attempts by former Minister of Petroleum Resources, Diezani Alison-Madueke, to rely on her acquittal by a United Kingdom court to challenge the forfeiture and sale of properties linked to her.
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