…Trust Insurance Plc; Tangerine Life Insurance Limited; Alliance & General Insurance Plc; Guinea Insurance Plc; Regency Alliance Insurance Plc. Speaking on the development, Commissioner for Insurance, Mr. Segun Omosehin, urged the companies to ensure the prudent and effective utilization of their capital to support sust…

…at N1.89 per share. Ellah Lakes followed with a 41.52 per cent decline to N8.10, while Guinea Insurance fell 43.37 per cent to N0.76. SUNU Assurances Nigeria declined 39.64 per cent to N3.32, while Austin Laz fell 39.06 per cent to N2.84. Other major losers included Royal Exchange, down 37.43 per cent; Triple Gee & Com…

Guinea Insurance Plc has completed its recapitalisation programme, cleared a major regulatory hurdle and positioned the insurer to pursue new business opportunities with a stronger capital base. The company announced the development on Friday, saying that it had successfully concluded its rights issue and private place…