The National Insurance Commission said 20 insurance companies have applied for verification under the ongoing recapitalisation exercise.
Mr Onanuga maintained that state and local governments are saddled with the responsibility of pulling citizens out of poverty.
The difference between incremental improvement and transformative change is ambition matched with execution.
He said that, unlike global trends, gold exploration funding in Nigeria was on an upward trajectory.
PwC said Mr Tinubu’s monetary policies drastically depreciated the naira’s value by 98 per cent.
There are currently 2,189 men and women who have fortunes of more than a billion dollars.
