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Emerging Markets

Regency Alliance raises N6.04 billion, says it now meets NAICOM’s capital requirement

Nairametrics · 1h ago · 🇳🇬 Nigeria

Regency Alliance raises N6.04 billion, says it now meets NAICOM’s capital requirement

Regency Alliance Insurance Plc has announced the successful completion of a N6.04 billion capital raising programme, saying the exercise has positioned the company above the N15 billion minimum capital requirement for non-life insurers under the Nigerian Insurance Industry Reform Act (NIIRA) 2025. The post Regency Alliance raises N6.04 billion, says it now meets NAICOM’s capital requirement appeared first on Nairametrics .

Read the full story at Nairametrics →

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