NIGERINS Announces Delay in Submission of Q2 2020 Results


Wednesday, August 12, 2020 / 10:15 PM / NSE / Header Image Credit: THISDAYLIVE

The Board of Directors and Management of Niger Insurance Plc (the Company) hereby inform their esteemed Shareholders and other Stakeholders that regrettably the Company was unable to submit the its Second Quarter Unaudited Financial Statements ("UFS") for the period ended 30th June, 2020 to The Nigerian Stock Exchange (The "Exchange") by 30th July, 2020 as required by the regulatory agency.

This unintended delay resulted from the inadvertent delay in obtaining the required approval on its Audited Financial Statements for the year ended 31st December, 2019 from its primary regulator, National Insurance Commission ("NAICOM") which is a prerequisite for the submission of the completed UFS.

While we are optimistic that the Audited Financial Statements will soon be submitted to The Exchange once approved by NAICOM to enable the submission of the UFS, the Board and Management of Niger Insurance Plc. sincerely apologise for any inconvenience that this delay may cause to its Stakeholders.

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Graph - One Year Share Price Movement

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Table:  Q3 2019 Unaudited Results

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