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Mutual Benefits meets NAICOM recapitalisation, reinforces leadership in insurance industry
BusinessDay
Aug 5, 2026 · 18:11 WAT
Mutual Benefits Assurance Plc and Mutual Benefits Life Assurance Ltd have reached a regulatory milestone under NAICOM’s recapitalisation programme. The development relates to the listed insurer’s capital compliance and position within Nigeria’s insurance industry, making it relevant to investors tracking MBENEFIT and financial-services regulation.