The Chairman, International Energy Insurance Plc, Alhaji Bukar Goni, has said the new investors of the company, Norrenberger Advisory Partners Limited, will build the IEI’s capacity and focus on its growth plan.
“We are going to also revamp our products to ensure that we have products that speak to the specific needs of the marketplace.”
The Managing Director, IEI, Mr Ebun Ayeni, stated that Norrenberger had already injected capital into the company for the settlement of outstanding liabilities. He said, “The board, management and staff of International Energy Insurance Plc wish to congratulate its new investor, Norrenberger Advisory Partners Limited for the successful conclusion of its five-year audit and the release of the annual reports of the company.
“Norrenberger had in January 2022, obtained the approval of the National Insurance Commission to acquire 100 per cent equity in International Energy Insurance Plc, and further obtained approval from the NGX in September 2022 for the block acquisition of 50.6 per cent equity holding in the company. “Norrenberger has committed to contribute to the transformation and growth of the insurance industry by leveraging on technology as well as by the deployment of top-notch human capital development programmes.”All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
At Ineh celebration, Iyase tells govt to boost tourism through festival | The Guardian Nigeria News - Nigeria and World NewsThe Iyase of Ogwashi Uku, Chief Michael Nwaukoni, has stated the need to upgrade cultural festivals to national events to boost tourism, revenue and attract investors to the country.
Read more »
NHIA adopts renewable energy to boost health insurance ecosystemThe National Health Insurance Authority (NHIA) has commissioned a 57.6kw solar power infrastructure in order to address the challenges of energy supply.
Read more »
Nigeria’s SEC considers new framework to boost non-interest financeNigeria’s Securities and Exchange Commission is considering a new regulatory framework to boost the scope and operations of non-interest finance in the capital market. Victor Aluyi, Head of Portfolio Management at Comercio Partners joins CNBC Africa for more.
Read more »
NHIA adopts renewable energy to boost health insurance ecosystem | The Guardian Nigeria News - Nigeria and World NewsThe National Health Insurance Authority (NHIA) has commissioned a 57.6kw solar power infrastructure in order to address the challenges of energy supply.
Read more »
Foundation task govt on capacity building for youths | The Guardian Nigeria News - Nigeria and World NewsA Lagos-based Non-governmental Organisation, Regalo Hope Foundation has called on the three tiers of government to take urgent action in reversing the alarming rate of youth unemployment and delinquency in Nigeria
Read more »
Illegal Oil Pipeline With Capacity Of 400,000 Barrels Per Day Discovered In Nigeria | Sahara ReportersA privately contracted oil pipeline surveillance company, Tantita Security Services Nigeria Limited, led by Government Ekpemupolo, popularly known as Tompolo, has reportedly discovered more massive illegal crude oil pipelines attached to Trans Forcados Export Trunkline. The latest discovery comes a few days after an illegal four-kilometre crude oil pipeline belonging to Shell Petroleum Development Company (SPDC) was exposed.
Read more »