Linkage set to meet new Nigerian capital requirements

Shareholders of Linkage Assurance Plc have approved increasing the authorised share capital of the company from NGN7.5bn to NGN15bn, via the creation of an additional 30 billion ordinary shares at 50 kobo each. The move is designed to allow the Nigerian insurer to meet capital requirements set by the Nigerian insurance regulator (Naicom) earlier this year. Directors of the company…

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