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Insurance Sector Losses N15bn, Investors Panic Over Recapitalisation

Insurance Sector Losses N15bn, Investors Panic Over Recapitalisation The decision by the National Insurance Commission (NAICOM) to shift the recapitalisation deadline from January 1, 2019, to October 2018, is eroding the value of insurance stocks, a development capital market said can scare away more investors. According...