Recapitalisation
Mutual Benefits Approves N802m Dividend Payout
By Benson Daniel Shareholders of Mutual Benefits Assurance Plc have approved a dividend payout of N802.46 million for the financial year ended December...
Universal Insurance Sues NAICOM Over Licence Revocation
By Benson Daniel Universal Insurance Plc has taken the National Insurance Commission, NAICOM, to court, challenging the cancellation of its operating licence and...
Six Insurers Miss Recapitalisation Deadline as Regulatory Uncertainty Deepens
By Benson Daniel Six insurance companies have failed to meet Nigeria’s latest recapitalisation requirements ahead of the July 31, 2026 deadline, leaving the...
Five Best Performing Insurance Stocks in 2026 Amid Recapitalisation
By Benson Daniel Nigeria’s insurance sector has experienced a sharp divergence in performance in 2026, with a handful of listed companies recording significant...
Banks Urged to Inject N4.65trn into MSMEs to Drive Economic Growth
By Benson Daniel The Chartered Institute of Bankers of Nigeria has urged commercial banks to channel a significant portion of the N4.65 trillion...
NICON, Nigeria Re Face Tough Challenge in Dispute with NAICOM
By Benson Daniel NICON Insurance Limited and Nigeria Reinsurance Corporation are facing an uphill battle in their dispute with the National Insurance Commission...
Consolidated Hallmark Clears New Insurance Capital Requirements
By Benson Daniel Consolidated Hallmark Holdings Plc has cleared a major hurdle in Nigeria’s ongoing insurance industry recapitalisation exercise after confirming that its...
Lasaco Assurance Raises N19.3 Billion to Strengthen Capital Base
By Benson Daniel Lasaco Assurance Plc has successfully raised N19.3 billion through a capital-raising exercise, strengthening its financial position as the company moves...
