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Regency Alliance raises N6.04 billion, says it now meets NAICOM’s capital requirement

Regency Alliance raises N6.04 billion, says it now meets NAICOM’s capital requirement

News

Regency Alliance Insurance Plc has announced the successful completion of a N6.04 billion capital raising programme, saying the exercise has positioned the company above the N15 billion minimum capital requirement for non-life insurers under the Nigerian Insurance Industry Reform Act (NIIRA) 2025.

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