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Business
NAICOM Recapitalisation: Universal Insurance Secures ₦7.13B Equity Deal with FPNG, Awaits NAICOM Approval
BY NKECHI NAECHE-ESEZOBOR—Universal Insurance Plc has entered into an investment agreement with FPNG Co-Nvest Limited (FPNG) for an equity capital injection of ₦7.128 billion via a private placement. This is contained in notice to Nigerian Stock Exchange limited and to investing public that the deal will see FPNG acquire a 50.1% majority stake in the […] The post NAICOM Recapitalisation: Universal Insurance Secures ₦7.13B Equity Deal with FPNG, Awaits NAICOM Approval appeared first on Business Today NG.
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Top 10 stocks with the highest YTD return on NGX
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Insecurity threatens Kaduna’s agricultural investment drive
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EFCC arraigns man for alleged N56.4m pilgrimage fraud in Ibadan
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Osun: IPAC tasks voters, security agencies on peaceful, credible poll
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FRC urges auditors to embrace AI without compromising independence
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Innovest Africa to showcase cohort 5 founders at Lagos demo day
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New book ‘Courage to Succeed’ profiles 14 Nigerian entrepreneurs who beat the odds
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NCoS, CSOs seek wider use of non-custodial measures to ease prison congestion
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Iwosan Lagoon opens first healthcare facility in Alaro City
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Army arrests Dogo Gide associate, 60 suspected terrorist collaborators in nationwide operations
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Flight data tampered after road landing at Asaba, as NSIB battles budget cuts
The Nigerian Safety Investigation Bureau (NSIB) have confirmed that the pilot of a private jet erased critical flight logs following read more Flight data tampered after road landing at Asaba, as NSIB battles budget cuts
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NFF launches probe into Nigeria’s football decline after World Cup failure
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MOFI’s case for a Nigerian fintech listing now faces the OPay test
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2027: BBNaija star, Phyna, bloggers stage one-million march for Otu/Odey
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Film & Television Producer, Vivien Udeabor announces pre-launch of debut novel A Woman Like Me
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JEX market positions to fix Nigeria’s gas market risk, pricing gap
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YouTube raises monetisation bar to 8000 watch hours
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Routelink Group expands financial service footprint into microfinance
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The call businesses can no longer make
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EnterpriseNGR’s Youth of Enterprise graduates sixth cohort, strengthening Nigeria’s talent pipeline
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OpenAI, Anthropic enters AI price war as cheaper Chinese rivals gain ground
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Katebridge Impact Advisory launches to drive accountability in Nigeria’s social investment sector
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Osun election: Tinubu charges INEC, others, on transparent election 
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Young Africans must have a seat at the table in digital policy – TikTok youth council member
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Sovereign trust insurance meets NAICOM recapitalisation requirement reaffirms market confidence
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ECOWAS opens $65,000 startup award for small businesses
Nigerian startups and small businesses have a fresh opportunity to secure up to $65,000 through the Economic Community of West African read more ECOWAS opens $65,000 startup award for small businesses
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Geregu Power’s bond crisis deepens as Agusto withdraws rating
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Guinea Insurance Positions for Next Growth Phase Following NAICOM Recapitalisation Approval
BY NKECHI NAECHE-ESEZOBOR—Emerging from National Insurance Commission, (NAICOM), sector-wide recapitalisation drive with a capital base exceeding ₦15 billion, Guinea Insurance Plc on Friday said its positioning itself for a major market transformation. With NAICOM verification now completed, the non-life insurer plans to deploy its strengthened capital position toward underwriting larger corporate risks, expanding digital infrastructure, […] The post Guinea Insurance Positions for Next Growth Phase Following NAICOM Recapitalisation Approval appeared first on Business Today NG.
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YABATECH equips 50+ Nigerians with CNG, welding, fibreglass skills
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NAICOM Recapitalisation: Policarp Didam Commends NAICOM, Warns Ministry of Finance Against Interference
BY NKECHI NAECHE-ESEZOBOR—Policarp Didam, former Managing Director of Royal Exchange Prudential Life Plc, has applauded the leadership of the National Insurance Commission,(NAICOM), led by Mr. Olusegun Ayo Omosehin, for a successfully conclusion of the insurance industry recapitalisation exercise. In an exclusive chat with BusinessTodayNG, Didam , noted that the recapitalisation was the best thing that […] The post NAICOM Recapitalisation: Policarp Didam Commends NAICOM, Warns Ministry of Finance Against Interference appeared first on Business Today NG.
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Sovereign Trust Insurance Meets NAICOM’s New Recapitalisation Threshold, Reaffirms Market Confidence
 BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc, has successfully met the new recapitalisation requirement for non-life insurance companies prescribed by the National Insurance Commission (NAICOM),under the Nigeria Insurance Industry Reform Act, (NIIRA) 2025. This feat has reinforced the Company’s financial strength and commitment to long-term growth. The achievement marks another significant milestone in the Company’s journey […] The post Sovereign Trust Insurance Meets NAICOM’s New Recapitalisation Threshold, Reaffirms Market Confidence appeared first on Business Today NG.
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Universal Insurance seals N7.1bn capital injection deal as fate hangs on NAICOM
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Air Peace picketing: What the law says
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Who builds the bridge to Nigeria’s $13trn economy?
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Why stronger domestic revenue mobilisation remains Nigeria’s best path to fiscal space
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