AIICO Insurance Board Meets March 14

By Modupe Gbadeyanka

The management of AIICO Insurance Plc has disclosed that a meeting of its board of directors will take place on March 14, 2017.

This information was contained in a statement signed by the company’s Secretary, Mr Donald Kanu, which was obtained by Business Post.

It was explained in the statement that during the meeting, the board will “review and approve the Audited Financials for the period ended December 31, 2016 and also, dividend payment.”

It was noted that any decision reached as it affects the Accounts approval and dividend payment for the year ended December 31 2016 “shall immediately be communicated” to the Nigerian Stock Exchange (NSE).

AIICO Insurance also said it will be observing a ‘closed period’ from February 28, to March 15, 2017.

This, it explained, is in line with Section 17.2 of the Amendment to the Listing Rules.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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