Prestige Assurance Archives

NGX Sheds N430bn, As Prestige Assurance, Airtel Africa Lead Losers’ Table

January 6, 2023 0

Trading on the Nigerian Exchange Ltd., (NGX) closed negative Thursday with market capitalisation losing N430 billion or 1.53 percent to close at N27.706 trillion from N28.136 trillion on Wednesday.

Over N700m Retained Losses: Prestige Assurance Seeks’ Capital Reconstruction

August 31, 2017 0

AS part of its re-engineering drive to reposition the company back to profitability, the management of Prestige Assurance Plc has notified the Nigerian Stock Exchange (NSE), of its plans to reduce the company’s share capital. Prestige explained that the essence of the capital reconstruction is to enable the Company wipe out its accumulated retained losses of N776, 511,000. The company …

Shareholders Approves Reduction In Share Capital of Prestige Assurance … Settles Dana Air Claims

August 19, 2017 0

The board of directors of Prestige Assurance Plc on Friday August 18, 2017 at its 47th, Annual General Meeting (AGM) in Lagos received shareholders’ approval to reduce the issued share capital of the company from N2,685,216,000 to N1,908,705,000 by cancelling and extinguishing 1,553,022,000 of the issued ordinary share of 50 kobo each. Also the company said it has successfully paid …