South African company, Momentum Metropolitan Holdings, has exited the Nigerian market by selling off its subsidiary in Nigeria as the National Insurance Commission (NAICOM)
Stakeholders in the Nigerian capital market have urged domestic investors, who left the market after the 2008/09 near-crash, to return.
Wapic Insurance Plc seeks approval to list a Rights Issue of 15,613,194,623 ordinary shares of N0.50 each at N0.38 per share.
The Board of Directors and the Management AIICO Plc have sought the shareholders’ consideration of the company’s share capital raise from N10 billion to N18 billion.
Two takaful firms have been granted provisional approval by the National Insurance Commission (NAICOM)to run their operations in Nigeria.
The National Insurance Commission’s (NAICOM) deadline for submission of recapitalisation plan has been met by several Insurance companies.
Dangote Refinery, which has insured value estimated at $6.8 billion, is likely to be taken over by foreign insurers when it becomes operational.
Acting Insurance Commissioner, Mr Sunday Thomas has promised to pursue the process of strengthening the Insurance sector capability in the process of retaining businesses in the...
The SEC and NSE have consented to the extension of the submission of the 2018 financial results for underwriters by NAICOM to April ending.
The listing rules of the Nigerian Stock Exchange require quoted companies to submit their full-year audited financial statements latest March 31st.