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Regency Alliance Insurance Plc has signed a Private Placement Agreement as part of its recapitalisation programme aimed at strengthening its capital base and...
ByBusinessTodayNGJuly 13, 2026BY NKECHI NAECHE-ESEZOBOR—The Chairman of the Nigerian Insurers Association (NIA), Mr. Kunle Ahmed, has disclosed that Nigeria’s insurance industry recorded a historic Gross...
ByBusinessTodayNGJuly 1, 2026Enterprise Life Assurance (Nigeria) Limited has announced that it has fully met the recapitalisation requirements set by regulators and will not pursue any...
ByBusinessTodayNGJune 29, 2026BY 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...
ByBusinessTodayNGJune 23, 2026BY NKECHI NAECHE-ESEZOBOR—Royal Exchange Plc has disclosed plans to acquire and recapitalise Royal Exchange Prudential Life as part of a broader strategy to...
ByBusinessTodayNGJune 23, 2026BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc has completed the structuring phase of its planned N5 billion Rights Issue, marking a significant step in...
ByBusinessTodayNGApril 30, 2026BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission, NAICOM, has advised operators to begin to take steps toward recapitalization ahead of the commencement of Risk...
ByBusinessTodayNGNovember 8, 2024