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Tuesday, April 20, 2021

Corporate Governace Guidelines: NAICOM Sets June 1 for Execution

The National Insurance Commission (NAICOM) has announced that the implementation of the insurance industry’s corporate governance guidelines will commence on June 1, 2021.   The...

#GiveHerBetaHealth: GTBank Champions Access to Health Insurance for Women on International Women’s Day

As the 2021 International Women’s Day (IWD21) calls on people and organisations to #choosetochallenge for a better world for women, Guaranty Trust Bank plc...

LASACO Assurance Now On Indefinite Suspension 

The Nigerian Stock Exchange (NSE) has extended its full suspension on trading on LASACO Assurance Plc indefinitely after the company failed to complete its...

SUNU Assurance Private Placement Records 100% Subscription

Sunu Assurance Plc said it has achieved 100 per cent subscription in the private placement it issued recently, for the purpose of raising fresh...

Why Court Restrains NAICOM From Enforcing Recapitalization Deadline

Justice C. J. Aneke of the Lagos Division of the Federal High Court has restrained the National Insurance Commission (NAICOM) from taking any further...

Universal Insurance To Underwrite Agric Insurance Business

As part of its efforts to boost the agricbusiness sector in Nigeria, Universal Insurance Plc has secured the approval of the National Insurance Commission...

Underwriters Gets NAICOM Permission To Operate Microinsurance Business

The National Insurance Commission (NAICOM) has granted conventional insurance companies permission to operate Microinsurance business from December 1, 2020. NAICOM in a circular dated...

Sunu Assurances Concludes Share Capital Reconstruction

Sunu Assurances Nigeria Plc has completed its massive share capital reconstruction, which reduced the company’s issued share capital from 14 billion ordinary shares of...

EndSARS Protest: Coronation Insurance Assures Clients of Quick Processing of Claims Payment

Coronation Insurance, formerly Wapic Insurance, has reassured victims of the #EndSARS protest, who bought insurance cover from the company, of speedy compensation through claims...

Why Sunu Assurances Wants To Reconstruct Shares

Sunu Assurances Nigeria Plc has submitted an application to the Nigerian Stock Exchange to carry out a share reconstruction exercise. The application followed the special...

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Unity Bank Posts Assets Growth of 67.90% to N492.02 Billion … As Gross...

Unity Bank Plc grew its assets base to N492.02billion representing a significant increase of 67.90% from the N293.05 billion of total assets value recorded...

Ecobank Announces First 50 Beneficiaries Of Super Reward Scheme

The first set of beneficiaries of Ecobank Nigeria Super Reward scheme has emerged. 50 customers will receive N25, 000 each. The four-month Super Rewards scheme...

VFD Group N4.13Billion Proposed Right Issue Gets SEC Approval

Lagos-based proprietary investment company, VFD Group Plc, has received clearance from the Securities & Exchange Commission (SEC) for the proposed right issue of 7,452,054...