National Economy
Saturday, October 18, 2025
No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Energy
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Analysis
    • Money Guide
    • Growth
    • Sport Economy
News
National Economy
No Result
View All Result
  • Home
  • News
  • Lead-In
  • Energy
  • Economy
  • Tech
  • States & Politics
  • Commentary
  • Editorial
  • Data
  • Others

Lasaco Assurance Lists Additional 9.25bn Shares On NGX

by Zaka Khaliq
March 10, 2025
in News
Lasaco

YOU MAY ALSO LIKE

Mbah To Set Up Committee To Review Alleged Tax Increase In Enugu

NESREA Destroys 700 Sacks Of Donkey Parts To Curb Wildlife Trafficking

Lasaco Assurance Plc has successfully listed an additional 9.25billion ordinary shares of 50 Kobo each on the Daily Official List of the Nigerian Exchange Limited (NGX).
The listing follows the completion of a private placement exercise conducted by the company. The shares were listed on Thursday, 23 January 2025.
Following the listing of these new shares, the total issued, and fully paid-up share capital of Lasaco Assurance Plc has increased from 1,833,585,855 to 11,083,585,855 ordinary shares, each with a nominal value of 50 kobo.
This increase in the company’s share capital is in line with Lasaco Assurance’s commitment to strengthening its capital base and supporting its long-term growth objectives.
The company views this successful placement and listing as a significant step in enhancing shareholder value and providing increased liquidity in the market for both current and potential investors.
The insurer said, the private placement exercise aims at strengthening the company’s financial position and solidifying its standing within Nigeria’s competitive insurance industry, and supporting the long-term growth of the business.
The company, however, applauded its stakeholders, including investors, for their confidence and continued support as it pursues its growth strategy and further strengthens its position in the Nigerian insurance market.

ShareTweetShare

OTHER GOOD READS

Mbah To Set Up Committee To Review Alleged Tax Increase In Enugu
News

Mbah To Set Up Committee To Review Alleged Tax Increase In Enugu

20 hours ago
NESREA Destroys 700 Sacks Of Donkey Parts To Curb Wildlife Trafficking
Agri Business

NESREA Destroys 700 Sacks Of Donkey Parts To Curb Wildlife Trafficking

3 days ago
Lognetics-Powered XPLORE Disruptors Will Be Africa’s Biggest Tech Event-Convener
News

Lognetics-Powered XPLORE Disruptors Will Be Africa’s Biggest Tech Event-Convener

4 days ago
Next Post
Shell Seeks Implementation Of Ideas To Grow Energy Sector

Shell Seeks Implementation Of Ideas To Grow Energy Sector

© 2025 | National Economy Newspaper | All Rights Reserved

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Energy
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Analysis
    • Money Guide
    • Growth
    • Sport Economy

© 2025 | National Economy Newspaper | All Rights Reserved