31 C
Lagos
Monday, October 14, 2019

Cornerstone Insurance Gets Shareholders Approval To Raise N10 Billion

Ahead of the ongoing recapitalization exercise in insurance industry, shareholders of Cornerstone Insurance Plc, on Wednesday August 21, 2019, approved the request of the...

Shareholders Approve’s Wapic Insurance Plan For Fresh Capital

Shareholders of Wapic Insurance Plc on Friday August 16, 2019 unanimously approved the board of directors’ request to raise additional capital of up to...

FG Orders Insurance, Reinsurance Companies To Submit Recapitalization Plan Before August 20, 2019

The Federal Government has directed all insurance and reinsurance companies in the country to submit their recapitalization plan to the National Insurance Corporation (NAICOM)...

Shareholders Okay’s Sovereign Trust Insurance Share Capital Increase

Sovereign Trust Insurance Plc, (STI) shareholders on Thursday July 25, 2019, gave their approval to the request of the board of directors to increase...

LASACO Assurance Proposes 5 Kobo dividend

LASACO Assurance Plc has proposed to pay its shareholders a dividend of five per share for full-year 2018. The payment is subjected to shareholders’...

Untapped N1trn in housing, transport sectors says Sunu Assurances MD

The Managing Director, Sunu Assurances Nigeria Plc, Mr Samuel Ogbodu, has commended the National Insurance Commission (NAICOM) for increasing the...

SUNU Assurances Visits IDP Camps, Commits to Raise $80m

The Chairman of SUNU Assurances, Mr. Kyari Abba Bukar and private sector actors under the aegis of the Nigerian Humanitarian...

Apathy grows as 86.6 million Nigerians are without insurance policies

Long before Nigeria was finally plunged into recession last year, it has been pretty challenging to get Nigerians to appreciate the benefits inherent in...

NAICOM to undertake capital verification of insurance companies

The National Insurance Commission, NAICOM, said it will undertake a verification of the capital resources of all insurance companies in the first quarter of...

Pension fund grows by N1.25 trillion in one year

The pension fund grew from N4.61 trillion to N5.46 trillion between March 2015 and March 31, 2016, the growth between the first quarter 2015...

Stay connected

17,084FansLike
1,727FollowersFollow
13,800SubscribersSubscribe
- Advertisement -

Latest article

Dangote Flour Shareholders Approves Crown Flour N24 Buy-Out Offer… Voluntary Delisting To Follow

Shareholders in a Court Ordered Meeting (COM) in Lagos on Monday October 14, 2019, approved the offer of Crown Flour Mills Limited (CFML)  a subsidiary...

SEC Restates Commitment to Sustainable Financing

The Securities and Exchange Commission, SEC, remains a strong advocate for the promotion of infrastructural development through sustainable financing.  This was stated by Acting...

₦5 Trillion AMCON Debt: Finance Minister, BPP, ICPC, Others Join Recovery Campaign

Minister of Finance, Mrs Zainab Shamsuna Ahmed has charged the management of Asset Management Corporation of Nigeria (AMCON) led by Mr. Ahmed Kuru,...