22 results
- 20 Jul 2020
NSE Hits 5 Firms with Sanctions for Market Infractions
Nigerian Stock Exchange (NSE) has sanctioned Standard Alliance Insurance Plc, Prestige Assurance Plc, Goldlink Insurance Plc, African Alliance Insurance Plc and International Energy Insurance Plc…
- 28 Jun 2022
NAICOM Cancels Niger Insurance, Standard Alliance’s Operational Licences
National Insurance Commission (NAICOM) has cancelled the certificates of registration of Niger Insurance Plc and Standard Alliance Insurance Plc. This was disclosed in a statement issued by ‘Rasaaq…
- 30 Oct 2024
NAICOM Sacks African Alliance Insurance Board
The National Insurance Commission, (NAICOM), on Wednesday, sacked the board of African Alliance Insurance Plc with effect from October 30, 2024. The Commissioner for Insurance, Mr. Segun Omosehin,…
- 7 Jan 2022
African Alliance Insurance Pays N7.5bn Claims
African Alliance Insurance Plc, said it paid a total of N7.5billion in 2021. The company said it paid N475 million claims to its customers last December ahead of the yuletide season. Speaking on the…
- 17 Jun 2019
NSE Raises Red Flag on 34 Firms, Issues Caveat
Nigerian Stock Exchange (NSE) has placed cautionary red alerts on 34 companies for their inability to meet listing requirements, implying underlying corporate governance weaknesses that investors…
- 5 Jul 2021
NGX Suspends Royal Exchange, 3 Others
Nigerian Exchange (NGX) Limited has suspended trading on shares of Royal Exchange Plc, African Alliance Insurance Plc, Niger Insurance Plc and Tourist Company of Nigeria Plc. They were stopped from…
- 2 Jan 2019
NSE Expels Diamond Bank, Others from Corporate Governance Index
Nigerian Stock Exchange (NSE) has removed Diamond Bank Plc, Continental Reinsurance Plc and NEM Insurance Plc from its Corporate Governance Index. The NSE, in a statement on Monday, said the…
- 8 Jul 2020
Buyer Beware: NSE Issues Caveat on 13 Companies
Nigerian Stock Exchange (NSE) has warned investors to be wary when dealing with shares of 13 companies after they failed to meet regulatory deadlines for the submission of their financial statements…
- 8 Feb 2010
SA Insurance Introduces Motor Insurance Scratch Cards
Standard Alliance Insurance Plc, one of the nation’s frontline underwriting companies, has introduced a scratch card device aimed at tackling fake motor insurance business practices and also to…
- 19 Jun 2026
NAICOM’s 18 Months Management Spill @ African Alliance Ends
The National Insurance Commission (NAICOM) has handed over the management of African Alliance Insurance Plc to a newly constituted board nominated by shareholders. The move ends a regulatory…
- 2 Sept 2025
NGX Suspends Three Firms over 2024 Financial Results
Nigerian Exchange (NGX) has suspended three insurance companies on the exchange for failure to release financial results for the 2024 fiscal year. The affected underwriting firms are Regency Alliance…
- 25 Jun 2024
NGX Fines 9 Firms N76.8m for Late Filing of Annual Reports
Nigerian Exchange Limited (NGX) has imposed a N76.8 million fine on nine quoted companies for failure to file their audited financial statements after the regulatory due date, according to…
- 6 Jul 2017
NIMC Ready to Provide ID Verification Services to Insurance, Pension Sectors
National Identity Management Commission, (NIMC) said all is now set to deploy NIMC Verification Service (NVS) to the Insurance and Pension sector, following the successful implementation and adoption…
- 21 May 2023
NGX Fines 18 Firms N36m for Late Filing of Results
NGX Regulation Limited, a wholly owned subsidiary of the Nigerian Exchange Group (NGX Group) has slammed a fine of N35.82 million on Ecobank Transnational Incorporated (ETI), Wema Bank and 16 other…
- 11 Oct 2022
Prudential, Google Cloud Partner to Make Healthcare and Financial Security Accessible Across Africa
Insurance group, Prudential plc (Prudential) and Google Cloud announced a strategic partnership to enhance health and financial inclusion for communities across Africa and Asia. Under this alliance,…
- 26 Jul 2010
Imokhai Applauds Fashola over Law on Insurance for Storey Buildings
After years of expectation and lack of commitment on the part of government to support the compulsory insurance of storied buildings under construction, the Lagos state governor, Babatunde Raji…
- 14 Aug 2020
NSE Fines 8 Firms N13.7m for Failing to File Financial Statements
Nigerian Stock Exchange (NSE) has fined eight quoted companies to the tune of N13.7 million, for failing to file their audited and interim financial statements after the regulatory due date.…
- 18 Oct 2021
Nigeria Exchange Slams N1Bn Fines on 40 Firms for Infractions
Nigeria Exchange Limited (NGX) has slammed N1 billion on 40 companies listed on the floor of the exchange for various market infractions. The fines were from 2020 to date. Analysis indicates that…
- 2 Jan 2020
NSE Lifts Suspension on Omatek Ventures after 2 Years
Nigerian Stock Exchange (NSE) has lifted suspension on trading in the shares of Omatek Ventures Plc as the troubled computer firm continues efforts to stabilise its operations and governance…
- 6 Aug 2024
Heirs Insurance Group Appoints Ibrahim Puri and Sonny Iroche as Independent Non-Executive Directors
Heirs Insurance Group (HIG), Nigeria's fastest-growing insurance provider, has announced the appointment of Ibrahim Puri and Sonny Iroche as Independent Non-Executive Directors of its non-life…
- 24 Nov 2017
IFC Invests to aid Better Access to Quality and Affordable Healthcare in Nigeria
International Finance Corporation (IFC) the largest global development institution focused on the private sector in emerging markets has announced that it recently committed an equity investment of…
- 31 Jul 2025
Onuoha Takes Helm at ICAN Fidelity Chapter, Vows to Deepen Professional Excellence
Fidelity Bank Chapter of the Institute of Chartered Accountants of Nigeria (ICAN) has inaugurated Mr. Audifax Onuoha as its new Chairman, ushering in a fresh era of professional development and…