Insurance Industry Capitalisation Rises To N18bn

📆 31/02/1398 12:40 ب.ظ
📰 LeadershipNGA

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Twelve years after the last recapitalisation exercise in Nigeria’s insurance industry, insurance companies with composite license will now need to upgrade their capital base from N5billion to N18 billion to continue to underwrite life and non-life insurance businesses in the country, LEADERSHIP learnt. The new capitalisation, which translates to about 350 percentage increase from the […]

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منبع: Daily Trust - 🏆 13. / 51 ادامه مطلب »

MTN’s Listing Boosts NSE Market Capitalisation By N1.8trnThe market capitalisation of the Nigerian Stock Exchange (NSE) got a boost by N1.83 trillion yesterday, following the historic listing of 20.35 billion ordinary shares of MTN Nigeria Plc at N90 per share. The company was listed on the Premium Board of the NSE. The listing was the second this year and done by way […]
منبع: LeadershipNGA - 🏆 4. / 77 ادامه مطلب »