Archives for CAPITAL MARKET - Page 29
AXA Mansard Insurance Staff Get 100% share options, bonus
By Ngozi Onyeakusi-------The Board of Directors of AXA Mansard Insurance Plc, a major insurance firm, has approved an accelerated exercise of the company’s Options Scheme that…
Shareholders Sue FG over Plans to Borrow Unclaimed Dividends
Determined to stop the federal government from taking over their unclaimed dividends, some shareholders of companies listed on the Nigerian Stock Exchange (NSE), under the aegis of Palm Wealth…
Ecobank Nigeria raises $300m senior unsecured bond
Ecobank Nigeria (“ENG” or “the Bank”), a wholly owned subsidiary of leading pan-African banking giant, Ecobank Transnational Incorporated (‘ETI’), the parent company of the Ecobank Group, announced that…
Mixta Real Estate PLC Quotes Series 33 Commercial Paper on FMDQ Exchange
By Ngozi Onyeakusi ------ Despite the underperformance of the Nigerian real estate sector last year, as affected by the negative impact of the COVID-19 pandemic, operators in this sector…
Nigeria needs appropriate policies to attract FDI –Chukwu
The Managing Director, Cowry Asset Management Limited, Mr. Johnson Chukwu, has said that Nigeria needs appropriate policies that will attract Foreign Direct Investment (FDI) into the country. Chukwu in…
Sunu Assurance Posts N4.2bn Gross Premium in 2020
By Ngozi Onyeakusi ------ Sunu Assurances Nigeria Plc, formerly Equity Assurance Plc., one of the foremost underwriting firms in the country has released its interim financial statements for the…
AXA Mansard Insurance GWP Records N47.5bn
By Ngozi Onyeakusi------ AXA Mansard Insurance Plc, a major player in Nigeria’s insurance industry has released its and subsidiary companies’ unaudited financial statements for 31…
NEM Insurance Posts 347% in PAT to N2.967bn in 2020 Q4
By Ngozi Onyeakusi------ NEM Insurance Plc, player in the insurance sector has released its interim financial statement for the fourth quarter (Q4) ended December 31, 2020 with its…
Sovereign Trust Insurance PAT Soars by 48% to N746.294m in 2020
MD/CEO STI Sovereign Trust Insurance Plc, a leading insurance firm in Nigeria has released its unaudited financial statements for the period ended December 31, 2020 with its profit…
SEC Nigeria Unveils New Rules, Amendments On Collective Investment Scheme
The Securities and Exchange Commission (SEC) has released general rules for Collective Investment Schemes prescribing that all units/securities of a collective investment scheme shall be registered by…