Court reinstates Standard Alliance licence, imposes fine on NICOM
A Federal High Court, sitting in Lagos, has granted some reliefs sought by Standard Alliance Investments Limited and its shareholders Standard Alliance Insurance Plc against the National Insurance Commission (NICOM) over the notice of cancellation of registration of Standard Alliance Plc. Other plaintiffs in the suit were Dickson Odoko and Donatus Uba, who sued for themselves and on behalf of …