Court extends restraining order against NAICOM, receiver in Universal Insurance case

NAIRAMETRICS | 05-09-2026 07:55am |

A Federal High Court in Lagos has extended a restraining order against the National Insurance Commission (NAICOM) and the receiver appointed over Universal Insurance Plc. The order remains in effect pending the hearing of the company's suit challenging the revocation of its operating licence. The court's decision provides temporary relief to the insurance firm as the legal process continues.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.