By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Africa’s biggest insurer, Old Mutual Plc has said it’s eyeing expansion to Africa; especially Nigeria, Kenya and Ghana, according to a Bloomberg report. It said the insurer seeks acquisitions in Africa; especially these three (3), countries where growth rates higher than advanced countries may help […]
Insurance
SON to Launch Product Liability Insurance in Q1 2015-DG
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Standard Organisation of Nigeria (SON) will in the first quarter (Q1) 2015 launch the product liability insurance to help ensure standard and protect consumers. Joseph Ikem Odumodu, director general (DG) of the standards made this disclosure on Thursday at a world press conference as […]
STI to raise capital through rights issue
Sovereign Trust Insurance Plc (STI) is set to raise additional equity capital by offering one new ordinary share for every three ordinary shares of 50 kobo each. This according to the underwriting firm, is in fulfillment of one of the resolutions reached by its shareholders at the 18th annual general meeting […]

