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archiveAugust 2020

CAPITAL MARKETMARKETSTOP STORY

NSE market indices rebound marginally by 0.02%

 The key market indices of the nation’s bourse on Tuesday rebounded marginally by 0.02 per cent, due to gains posted by 16 stocks. Speficially, the All-Share Index rose by 3.82 points or 0.02 per cent to close at 25,136.49 compared with 25,132.67 achieved on Monday. Also, the market capitalisation grew...
INSURANCEOTHER BUSINESSESTOP STORY

NAICOM releases guidelines of Minimum Paid-up Share Capital for Insurance companies

The National Insurance Commision (NAICOM) on Tuesday released guidelines for the payment of Minimum Paid-up Share Capital by insurance and re-insurance companies in compliance with the first phase recapitalistion directive deadline of Dec. 31. Mr Pius Agboola, Director, Policy and Regulations, NAICOM, for the Commissioner of Insurance, said that the...
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