Nigerian Stock Market 101 | Ep 5: Insurance, Part 2 — LASACO, Veritas Kapital, Sunu, Prestige, IEI and more (as at 20 Oct 2026)
The nine smaller insurers on the Nigerian Exchange, one by one: what each does, how the 2026 recapitalisation deadline changed their share counts, what they earned and how their shares have moved. Every one of the nine is down this year.
Insurers covered: LASACO Assurance (LASACO), Veritas Kapital Assurance (VERITASKAP), Sunu Assurances Nigeria (SUNUASSUR), Prestige Assurance (PRESTIGE), International Energy Insurance (INTENEGINS), Regency Alliance Insurance (REGALINS), Guinea Insurance (GUINEAINS), Universal Insurance (UNIVINSURE) and Royal Exchange (ROYALEX).
00:00 Welcome
00:38 The capital deadline
01:10 How small these nine are
02:00 LASACO Assurance
03:31 Veritas Kapital Assurance
04:56 Sunu Assurances
06:22 Prestige Assurance
07:35 International Energy Insurance
08:53 Regency Alliance Insurance
10:01 Guinea Insurance
11:20 Universal Insurance
12:34 Royal Exchange
13:31 Nine insurers, one deadline
Prices and market values as at 20 October 2026.
Education, not investment advice.
22 Oct 2026
The NGX Daily [October 22nd 2026]
The NGX Daily by Read It and Eat is your quick daily briefing on the Nigerian stock market. Every trading day, we break down the NGX All-Share Index, top gainers and losers, and the biggest moves in Nigerian equities. Subscribe for concise market updates, investing insights, and a fast summary of the NGX trading session.
You can contact us at readitandeat@riae.uk for more details
#NGX #stockmarket #stock #Nigeria
21 Oct 2026
The NGX Daily [October 21st 2026]
The NGX Daily by Read It and Eat is your quick daily briefing on the Nigerian stock market. Every trading day, we break down the NGX All-Share Index, top gainers and losers, and the biggest moves in Nigerian equities. Subscribe for concise market updates, investing insights, and a fast summary of the NGX trading session.
You can contact us at readitandeat@riae.uk for more details
#NGX #stockmarket #stock #Nigeria
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