Universal Insurance Shareholders Approve ₦15bn Recapitalisation Plan

Shareholders of Universal Insurance Plc have officially approved a series of resolutions authorizing the company to raise ₦15 billion in fresh capital. The approval was granted during the company’s Extraordinary General Meeting (EGM) held in Lagos on February 9, 2026. This move is designed to meet the new Minimum Capital Requirement (MCR) set by the … Continue reading Universal Insurance Shareholders Approve ₦15bn Recapitalisation Plan