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private placement
Insurance World
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...
Insurance World
NAICOM Recapitalisation: Universal Insurance Secures ₦7.13B Equity Deal with FPNG, Awaits NAICOM Approval
BY NKECHI NAECHE-ESEZOBOR—Universal Insurance Plc has entered into an investment agreement with FPNG Co-Nvest Limited (FPNG) for an equity capital injection of ₦7.128...
Insurance World
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...
