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News and stories about NAICOM

AXA Mansard Insurance Plc appoints new director

AXA Mansard Insurance Plc appoints new director

Chidinma Nwagbara -
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Prestige Assurance, Prestige Assurance revises terms of rights issue

Prestige Assurance revises terms of rights issue

Chike Olisah -
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NAICOM, Recapitalisation: 44 firms get NAICOM’s nod , NAICOM boss makes case for recapitalisation, insists the exercise will solidify insurance sector , NAICOM extends recapitalisation deadline for insurance companies to meet new capital base, Due to lack of ‘process’, NAICOM says no insurance firm has met recapitalisation requirement, Insurance: Recapitalisation exercise sets consolidation in motion, Insurance firms are reportedly selling off assets to meet NAICOM’s recapitalisation deadline

Insurance firms are reportedly selling off assets to meet NAICOM’s recapitalisation...

Emmanuel Abara Benson -
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Sovereign Trust Insurance blames IT failure for delaying its 2019 financial statement

Sovereign Trust Insurance blames IT failure for delaying its 2019 financial...

Emmanuel Abara Benson -
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Investors support AIICO to raise capital through Rights Issue

Investors support AIICO to raise capital through Rights Issue

Abiola Odutola -
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NAICOM, Sunday Thomas, Insurance: NAICOM extends recapitalization deadline, Shutdown threat: NAICOM offer mergers support, firms unable to meet recap plan 

NAICOM set to support firms unable to meet recap plan 

Fakoyejo Olalekan -
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Nigerian farmers get N6.5 billion insurance cover 

Nigerian farmers get N6.5 billion insurance cover 

Chidinma Nwagbara -
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Analysis: AIICO Insurance, who is buying?

Analysis: AIICO Insurance, who is buying?

Blurb Team @Nairametrics -
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LASACO declares final dividend

LASACO’s MD talks on private placement, public offer plans to raise...

Fakoyejo Olalekan -
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AXA Mansard to downsize business activities, awaits shareholders’ approval 

AXA Mansard to downsize business, awaits shareholders’ nod 

Fakoyejo Olalekan -
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Seplat, stakeholders call for collaboration on Customer Protection Act, Seplat Petroleum announces closed period, as directors meet on March 19th, Seplat Petroleum announces a final dividend of at $0.05 per ordinary share, Seplat Petroleum donates items for management of COVID-19 to Edo

Seplat Petroleum donates items for management of COVID-19 to Edo

Titobioluwa Okunade -
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Seplat Petroleum Development Company on Wednesday joined the league of Nigerian corporates to donate to the fight against coronavirus  
Consolidated Hallmark Plc announces close period ahead of Q3 2019 results  , Consolidated Hallmark Insurance Plc. Group records N711.5million profit Up 33%  

Consolidated Hallmark Insurance declares N711.5 million profit, up 33%  

Olumide Adesina -
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Consolidated Hallmark Insurance Plc. group released its audited full-year 2019 results after today’s trading hours. Here are the highlights.
How your stocks performed last week, Bears rule at the stock market, lose N174.37 billion on Wednesday , Nigerian bourse up 0.54% as Investors gain N63 billionBears dominate Nigerian bourse Index down 0.94%, trading volume remains low

Bears dominate Nigerian bourse Index down 0.94%, trading volume remains low

Olubunmi Abayomi-Olukunle -
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The bearish trend persisted in the Nigerian bourse as the Nigerian All Share Index fell further by -0.94 % to close at 21,100.54 points.
Fitch downgrades Nigeria, blames Buharinomics for crisis in the economy , That $22 billion, Nigeria spends $1.31 billion to service external debt in 2019, up by 254% in 5 years, Confusion as ministry and presidency disagree over Finance Act start date, S&P downgrades Nigeria, Nigeria’s credit rating faces downgrade by Fitch, Oil price crash, Coronavirus: The trouble that lies ahead for Nigeria, Avoiding 2016: What Nigeria should do to fight the coming economic storm, Fitch downgrades 3 Nigerian banks to 'B', places 10 others on negative watch, FG begins N20,000 relief fund disbursement per household in Abuja

FG begins N20,000 relief fund disbursement per household in Abuja

Chidinma Nwagbara -
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The FG has started disbursing the N20,000 Condition Cash Transfer to poor households across the country,the disbursement is said to have started today.
National electricity grid collapses again, as NUEE suspends strike action , FG to increase electricity tariffs in order to improve power supply, Power: Liquidity crisis-same old story in 2020?, GenCos urges NBET to pay up N1 trillion debt, Electricity Tariff: FG, electricity stakeholders to work on equitable rate , Power: NERC applies "brakes" on hike in tariffs

Power: NERC applies “brakes” on hike in tariffs

CSL Stockbrokers -
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The NERC has suspended the payment of the new electricity tariffs earlier scheduled to take off today, April 1, for at least three months.
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