BusinessDay

Niger Insurance says Full Year 2020 result awaiting Board’s approval

Niger Insurance Plc has informed its esteemed shareholders that the Company’s audited financial statements for the year ended December 31, 2020 is currently awaiting approval from the Board of Directors of the Company for onward submission to its primary regulator, National Insurance Commission (NAICOM).

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“The unintended delay in the submission resulted from the inadvertent delay in concluding the Financial Statements of the Company and the on-going restructuring events in the Company”, the insurance company said in a statement at the Nigerian Stock Exchange signed by TOLG Nominees, Company Secretary.

“While we are optimistic that the Audited Financial Statements will soon be submitted to The Nigerian Stock Exchange once approved by the Board and NAICOM, the Board and Management sincerely apologize for any inconvenience that this delay might have caused its Stakeholders”, according to Niger Insurance.

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