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Capital

Royal Exchange Targets ₦2.7bn Equity Injection in Fresh Capital Raise

BY NKECHI NAECHE-ESEZOBOR—Royal Exchange Plc has unveiled plans to raise up to ₦2.7 billion in fresh equity capital as part of efforts to...

Insurance World

Insider Dealing: Mutual Benefits Director, Ogunbiyi Sells Shares Worth Over ₦6.3 Million

BY NKECHI NAECHE-ESEZOBOR—Mutual Benefits Assurance Plc has disclosed an insider transaction involving one of its directors, Dr. Akinade Ogunbiyi, who sold more than...

News

Fortis Global Insurance Begins Share Capital Reconstruction, Suspends Trading for Two Weeks

BY NKECHI NAECHE-ESEZOBOR—Fortis Global Insurance Plc has commenced the reconstruction of its share capital following the receipt of all required regulatory approvals, a...

Insurance World

Regency Alliance Launches ₦3.04 Billion Rights Issue to Strengthen Capital Base

BY NKECHI NAECJE-ESEZOBOR-Regency Alliance Insurance Plc has officially launched a ₦3.04 billion Rights Issue following the formal signing of its Rights Issue Agreement,...