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recapitalization
Post-Recapitalisation, Mutual Benefits Pledges Deeper Investment in Tech, Customer Experience
For more than 30 years, Mutual Benefits Assurance Plc has built its reputation on a simple promise: being there for Nigerians when protection...
NAICOM Denies Fraud Allegations Over ₦100bn Recapitalization, Says No Official Indicted or Detained
BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM) has denied allegations of fraud linked to the recently concluded ₦100 billion recapitalization exercise in the...
ASHON Raises Alarm Over Universal Insurance Licence Revocation, Cites Threat to Market Confidence
The Association of Securities Dealing Houses of Nigeria (ASHON) has raised the alarm over the revocation of Universal Insurance Plc’s operating licence by...
Alliance & General Insurance Positions for Expansion Following Successful Recapitalization
BY NKECHI NAECHE-ESEZOBOR—Alliance & General Insurance Plc has completed its recapitalization exercise, exceeding the ₦15 billion minimum capital requirement set by the National...
Reborn @ 66: African Alliance Insurance Promises Absolute Transparency and Solvency
BY NKECHI NAECHE-ESEZOBOR—The new management of African Alliance Insurance Plc has promised sound solvency management and absolute transparency as the company officially returns...
Sovereign Trust Insurance Targets Growth With ₦5.02bn Offer
BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance (STI) Plc has launched a ₦5.02 billion Rights Issue aimed primarily at strengthening its capital base and positioning...
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...
