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Consolidated Hallmark Insurance

Consolidated Insurance sets to achieve N10bn recapitalisation

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Temitope Adebayo The Consolidated Hallmark Insurance has revealed its laid down plans on how it will attain the new recapitalization directive NAICOM gave earlier. In exercise of its statutory powers and regulatory functions, NAICOM had on May 20, announced an increase in the minimum capital for insurance companies in Nigeria. The review is to take […]

Equities market indices dip by 40% amid profit-taking

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Market

Temitope Adebayo The equities market of the Nigeria Stock Exchange (NSE) began this week trading activities on on Monday on a downward trend, with major indices shedding 0.40 per cent. Specifically, market capitalisation which opened at N13.606 trillion lost N54 billion or 0.40 per cent to close at N13.552 trillion against N13.606 trillion on Friday. […]