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Business News of Monday, 20 January 2020

Source: www.mynigeria.com

Continental Reinsurance delists from NSE

Continental Reinsurance Continental Reinsurance

The entire issued share capital of Continental Reinsurance Plc has been delisted from the Nigerian Stock Exchange.

In a notice filed by the insurance firm to the Nigerian Bourse, 10,372,744,312 ordinary shares of Continental Reinsurance Plc were on Friday, 17 January 2020, delisted from the Daily Official List of The Exchange.

According to the statement, the delisting is coming after full-suspension was placed on the shares of Continental Reinsurance Plc, pending the time Continental Reinsurance African Investments Limited (CRe Investments) would acquire all the shares of Continental Reinsurance (CRe Nigeria).