Shareholders of Lasaco Assurance Plc have approved a N25 billion capital-raising plan to boost the company’s financial capacity and enhance its competitiveness in the insurance industry.
The approval was granted at an Extraordinary General Meeting (EGM) held at Lasaco House, where shareholders voted in favour of a combination of private placement and rights issue to increase the firm’s capital base.
This is according to a statement released by the company on…
Read the full article here
