…with Oil & Gas emerging as the best-performing sector, rising 3.87 per cent. The Insurance sector followed with a 3.34 per cent gain, while the Commodity sector advanced 2.58 per cent. Banking and Consumer Goods indices each gained 0.87 per cent, while the Industrial Goods sector appreciated 0.71 per cent. Trading acti…

…stakeholders must work collectively to build a stronger, more credible, and resilient insurance sector, one that consistently fulfill its obligations, delivers on its promises, and inspires greater trust and confidence among Nigerians. He further announced that the commission’s next major regulatory initiative will be…

…Insurance’s licence revoked as NAICOM enforces minimum capital rules across the insurance sector. Photo: UNP>Anyone holding assets, funds, records or documents connected to Universal Insurance was directed to cooperate fully with the receivership process.The public notice stated it took immediate effect and would remai…

…and gas sectors also closed lower by 0.03 per cent and 0.01 per cent respectively. The insurance sector, however, gained marginally by 0.04 per cent, while the industrial goods and commodities sectors closed flat. Despite the decline in the benchmark index, transaction value increased significantly by 19.86 per cent to…

…consumer goods, industrial, and oil & gas stocks, despite mild gains recorded in the insurance sector.The market’s year-to-date return has dropped to 35.56% while the week’s return after 4 days of trading is in the red zone at –0.32%.