By Taiye Olayemi Guinea Insurance Plc says it has exceeded the N15 billion minimum capital requirement for non-life insurers prescribed by the National Insurance Commission (NAICOM). The company attributed the achievement to the successful completion of its recapitalisation exercise aimed at strengthening its financial capacity and regulatoryContinue Reading
By Taiye Olayemi Dr Benneth Eze, Head of Research and Development at the Chartered Institute of Stockbrokers, has projected a slowdown in Nigeria’s equities rally. He said the market’s recent strong performance reflected investor optimism, but cautioned that such momentum was rarely sustained without periodic corrections and consolidation phases. ThisContinue Reading
By Taiye Olayemi The Nigerian stock market recorded a major milestone on Monday as the NGX All-Share Index crossed the 201,000-point mark for the first time. The benchmark index rose by 1.55 per cent to close at 201,474.89 points, up from 198,407.30 points recorded in the previous trading session. Similarly,Continue Reading
