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Insurance Sector Nigeria
Veritas Kapital Assurance Profit Jumps 286% to N3.05bn in 2025
From L-R: Sunkanmi Adekeye, Executive Director Operations, Priya Heal, Non-Executive Director, Yabawa Lawan Wabi mmi, Non-Executive Director, Babatunde AyoKunle Irukera, Chairman, Adaobi Nwakuche,...
African Alliance Secures Shareholders Nod to Raise N12bn, Eyes Return to Active Trading
BY NKECHI NAECHE-ESEZOBOR—The board of directors of African Alliance PLC on Wednesday got shareholders nod to raise N12 billion additional capital to shore...
Veritas Kapital Assurance Forecasts ₦1.45bn PAT for Q3, Eyes ₦7.29bn Insurance Revenue
BY NKECHI NAECHE-ESEZOBOR—Veritas Kapital Assurance PLC has released its projection for third quarter ending September 30, 2026. According to its latest earnings forecast...
NAICOM Ends 18-Month Intervention, Hands African Alliance Insurance Back to New Board
BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM) has formally handed over operational control of African Alliance Insurance Plc to a newly constituted, shareholder-nominated...
Sovereign Trust Insurance Advances Expansion Plans with N5bn Rights Issue Signing
BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc has completed the structuring phase of its planned N5 billion Rights Issue, marking a significant step in...
