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Stock Market Index Loses N1bn As Blue-chip Stocks Decline

Stock Market Index Loses N1bn As Blue-chip Stocks Decline       Following price losses suffered by some blue-chip companies, transactions on the Nigerian Stock Exchange (NSE) declined marginally yesterday with the all-share index (ASI) depreciating marginally by 0.007 percent. It closed at 28,344.04 as against the 28,344.33...

NAICOM Appoints Fajemirokun As AIICO’s MD

NAICOM Appoints Fajemirokun As AIICO's MD   The National Insurance Commission has approved the appointment of Mr Babatunde Fajemirokun as the managing director and chief executive officer of AIICO Insurance Plc with effect from August 14. Prior to Fajemirokun’s appointment, Mr Edwin Igbiti was the managing director/chief...

AIICO Insurance Reports N32.1 Billion Gross Premium In 2017

AIICO Insurance Reports N32.1 Billion Gross Premium In 2017     AIICO Insurance Plc, has announced its financial results for the year ended December 31, 2017, showing growth in its gross premiums to N32.1 billion from N27.06 billion reported in 2016. This represents an increase of N5.03 billion...