11 results
- 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…
- 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…
- 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…
- 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…
- 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…
- 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…
- 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…
- 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…
- 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…
- 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…