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Emerging Markets

Universal Insurance secures N7.1 billion FPNG investment to meet NAICOM capital requirement

Nairametrics · 1h ago · 🇳🇬 Nigeria

Universal Insurance secures N7.1 billion FPNG investment to meet NAICOM capital requirement

Universal Insurance Plc has entered into a binding investment agreement with FPNG Co-Nvest Limited for a N7.128 billion equity investment as the insurer moves to meet the National Insurance Commission’s (NAICOM) new minimum capital requirement. The post Universal Insurance secures N7.1 billion FPNG investment to meet NAICOM capital requirement appeared first on Nairametrics .

Read the full story at Nairametrics →

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