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Capital Base
Coronation Insurance, Coronation Life Meet NIIRA 2025 Minimum Capital Requirements Following Successful ₦9.2bn Capital Raise
Coronation Insurance Plc and Coronation Life Assurance Limited have successfully met the new minimum capital requirements stipulated under the Nigerian Insurance Industry Reform...
NIIRA 2025: Mutual Benefits Group Meets NAICOM Minimum Capital Requirement
BY NKECHI NKECHE -ESEZOBOR—Mutual Benefits Assurance Plc and Mutual Benefits Life Assurance Ltd have achieved another significant regulatory milestone following their inclusion among...
FULL LIST: NIIRA 2025: NAICOM Eyes Liquidation for Non-Compliant Operators
BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission,((NAICOM), on Monday said only eight insurance companies are yet to be verified by the commission. The commission...
Regency Alliance Advances Recapitalisation with 7.37 Billion Share Private Placement
Regency Alliance Insurance Plc has signed a Private Placement Agreement as part of its recapitalisation programme aimed at strengthening its capital base and...
Cornerstone Insurance, Subsidiaries Fully Capitalised, Eyes Acquisition of Weaker Insurers
BY NKECHI NAECHE-ESEZOBOR —Cornerstone Insurance Plc on Monday said it has sufficient capital to meet the July 31 recapitalisation deadline set by the...
SEC Raises Capital Base for Operators, Sets June 30, 2027 Deadline
BY NKECHI NAECHE-ESEZOBOR—The Securities and Exchange Commission (SEC) has announced minimum capital requirements for all categories of regulated capital market operators The commission...
