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5 Articles
Insurance World

Enterprise Life Exceeds Recapitalisation Requirement, Rules Out Merger Plans

Enterprise Life Assurance (Nigeria) Limited has announced that it has fully met the recapitalisation requirements set by regulators and will not pursue any...

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

Royal Exchange Plc to Acquire, Recapitalise Royal Exchange Prudential Life

BY NKECHI NAECHE-ESEZOBOR—Royal Exchange Plc has disclosed plans to acquire and recapitalise Royal Exchange Prudential Life as part of a broader strategy to...

Insurance World

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...

Insurance World

NAICOM Implores Operators To Commence Recapitalization Plan

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission, NAICOM, has advised operators to begin to take steps toward recapitalization ahead of the commencement of Risk...