Lasaco Assurance Plc said it is planning to triple its capital base as shareholders approve the raising of N25 billion in a move aimed at bolstering the insurer’s share capital ahead of a sector-wide recapitalisation deadline.
The insurer disclosed in an Extraordinary General Meeting (EGM) on T
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Moyosore Adesina
Moyosore Adesina is a financial journalist with interests spanning across financial reporting, insurance, manufacturing sectors, fintech, and capital markets. She simplifies financial data and transform them into compelling stories that help investors and businesses make informed decisions.
With a background in accounting and hands-on experience in financial analysis, she specialises in breaking down corporate earnings, industry trends, and economic indicators for readers.