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UNIC Insurance Shares Placed on Full Suspension

By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, UNIC Insurance Plc said on Friday its shares has been placed on full suspension from trading on the Nigerian Stock Exchange (NSE). The company said its… Read more »

SureBüddy brings sponsored cover to Uganda with new insurance App

March 10, 2017/SureBüddy Ltd SureBüddy (, an android application that has today launched into market, brings sponsored insurance and insurance related products to Uganda. SureBüddy is simple and easy to… Read more »

Wapic Insurance Establishes Non-Capital Raising GDR

By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, Wapic Insurance Plc on Monday said it has formally established a non-capital raising Global Depository Receipt (GDR) Program. Wapic says the GDR was established by the… Read more »

Mutual Benefits Affirms Delay in Release of 2015 Audited Report

By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, Mutual Benefits Assurance Plc has affirmed its delay to release its full year end 2015 results to the public. “Please be informed that our regulators NAICOM… Read more »

Linkage Assurance Affirms Default in Filing 2015 Returns

By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, Linkage Assurance on Tuesday said it has defaulted in filing its 2015 annual accounts and reports to the Nigerian Stock Exchange (NSE) due March 31, 2015…. Read more »

NAICOM Names Interim Board for Goldlink Insurance

By InvestAdvocate Lagos (INVESTADVOCATE)-The National Insurance         Commission (NAICOM) has appointed an interim board for embattled insurer, Goldlink Insurance Plc effective February 25, 2016, the company said in an issuer’s… Read more »

Motorists, firms to pay more for insurance

January 28, 2016/Punch Nike Popoola The cost of procuring insurance cover for vehicles and corporate businesses will soon be reviewed upward by the Federal Government and operators in the underwriting… Read more »

50% of Insurance Firms on Sale Block

Over 50 per cent of licensed insurance firms in Nigeria are  believed to be on the sale block  currently as a result of lack of liquidity injection by their directors,… Read more »

Draft regulation threatens 60 insurance CEOs’ jobs

A new regulation being prepared by the National Insurance Commission may lead to the exit of at least 60 chief executive officers of insurance companies and brokerage firms, who have… Read more »

Mansard Insurance Acquires 60% Stake of Penman Pension

By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, Mansard insurance Plc said on Monday it has completed the acquisition of a 60 percent stake of Penman Pensions Limited, according to the company in a notice… Read more »