Tag: NAICOM

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Insurers Recapitalisation: NIA Team Visits NGSE, Woos Investors, Explore M&As

Insurers Recapitalisation: NIA Team Visits NGSE, Woos Investors, Explore M&As

Council members of the National Insurance Association (NIA), a trade group in the country's underwriting industry, were at the Nigerian Stock Exchange...
Senate President Pledges Support For Amendment Of NDIC Act

Senate President Pledges Support For Amendment Of NDIC Act

Senate President, on Wednesday, promised that the upper chamber of the National Assembly under his leadership would immediately commence work on the ...
Agusto Assigns ‘Bb‘ Rating Nigeria’s Insurance Industry, On Weak Terrain, GDP

Agusto Assigns ‘Bb‘ Rating Nigeria’s Insurance Industry, On Weak Terrain, GDP

Leading Pan African credit rating agency, Agusto & Co Limited, has assigned “Bb“ rating to the Nigerian insurance industry in its newly published 2019...
Nigeria Eyes Top 100 Spot In World Bank Ease Of Doing Business Ranking

Nigeria Eyes Top 100 Spot In World Bank Ease Of Doing Business Ranking

Nigeria’s Federal Government says it is working to ensure the country is ranked among the top-100 when the 2020 World Bank Doing Business Index (DBI) ...
Staco Insurance Gets NGSE Nod To Delay Q3 Financials Till Nov. 30

Staco Insurance Gets NGSE Nod To Delay Q3 Financials Till Nov. 30

The board of Staco Insurance Plc, on Wednesday told shareholders and investors that it got the blessing of the Nigerian Stock Exchange (NSE) to delay ...
NGSE Index Falls Slower, As Investors Rebalance Portfolios On Q3 Financials

NGSE Index Falls Slower, As Investors Rebalance Portfolios On Q3 Financials

Market Update for September 19, 2018 The nation’s equity market had a mixed session at the midweek to close marginally lower, on a positive sentime...
Lasaco Seeks Shareholders’ Nod For Fresh Capital At EGM

Lasaco Seeks Shareholders’ Nod For Fresh Capital At EGM

Directors of Lasaco Assurance Plc, on Monday announced plans for an extra-ordinary general meeting (EGM) on October 10, 2018 in Lagos, primarily to se...
Cautious Trading Ahead, As Stocks Hit 52-week lows Amidst Thickening Political Clouds

Cautious Trading Ahead, As Stocks Hit 52-week lows Amidst Thickening Political Clouds

Market Update for the week ended Sept 14 and Outlook for Sept 17-21 As we have mentioned earlier, Nigeria’s equity market in the danger zone, after...
Investors Sustain Cautious, Short-term Trading Amidst Self-Offs

Investors Sustain Cautious, Short-term Trading Amidst Self-Offs

Market Update for the week ended September 7 and Outlook for Sept 10-14 The Nigerian equity market last week extended its decline as selling pressure...
Royal Exchange Board To Review New Solvency Policy For Insurers

Royal Exchange Board To Review New Solvency Policy For Insurers

One of the major issues up for discussion when directors of Royal Exchange Plc hold an emergency meet on September 11, 2018, is a review of the new Na...
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