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AIICO Announces Commencement of Rights Issue.

AIICO Insurance has continuously demonstrated its resilience and capacity to stand the test of time.


AIICO Insurance Plc, a leading Insurer in Nigeria, is taking another giant leap forward in its recapitalization journey with the launch of its N3.5bn rights issue, which opens on Wednesday, September 2, 2020 and will run through to Wednesday, October 7, 2020.

As part of the rights issue, 4,357,770,954 ordinary shares of Fifty Kobo (N0.50) each at Eighty Kobo (N0.80) per share, are being offered on the basis of five (5) new ordinary shares for every thirteen (13) ordinary shares held as at the close of business on Monday, June 15, 2020. The Company’s shareholders now have the opportunity to increase their stakes and reposition themselves in a Company with excellent prospects. The Rights Circular is now available for download on the Company’s website at www.aiicoplc.com and the Registrar’s website at www.unitedsecuritieslimited.com.

“A greater future beacons for all our stakeholders, including shareholders and customers, as this exercise will unlock greater potentials for value creation both in the short and long term. It will see the Company emerge stronger and with greater capacity to underwrite more risks,” stated Mr. Babatunde Fajemirokun, the Managing Director and Chief Executive Officer of the Company.

AIICO Insurance has continuously demonstrated its resilience and capacity to stand the test of time, given over 5 (five) decades of doing business in Nigeria. This is one of the reasons why the Company has remained investors’ choice and stands to maintain its frontline position post-recapitalization.

AIICO Insurance is a leading composite insurer in Nigeria with a record of accomplishment of serving its clients that dates back over 50 years. Founded in 1963, AIICO provides life and health insurance, general insurance, investment management and pension management services as a means to create and protect wealth for individuals, families and corporate customers.


Segun Olalandu
Head, Strategic Marketing & Communications

https://nairametrics.com/2020/09/02/aiico-announces-commencement-of-rights-issue/

Olutola88:
People say there are 1001 profitable businesses to invest in, but the only problem is capital. As far as I am concerned most of the people in this category just blab as they might not even know what to invest in when such capital comes their way. I have asked for business ideas on this forum before now but it is so pathetic that I didn't get something outstanding.

This time around, I want to be precise, maybe that will help.
1. I am a Banker (my schedule is tight)
2. I need a business that requires not more than 1Million naira as capital
3. A business that can fetch me a PROFIT of 4k per day(say #100,000 per month). I am sure I'm not asking for too much
4. I want a business that requires little supervision as I won't be on ground most time.

Note; scammers, don't bother trying your luck on this thread cos if you do, you'll wish you never knew Nairaland.

Thank you.

https://docs.google.com/forms/d/e/1FAIpQLScgKDiVvEKbDeJ_MOZllZBtnQJAXZwe5FQik0AyoC2YYVX9dA/viewform?usp=pp_url
It's the
AIICO FLEXIBLE ENDOWMENT BUNDLE PLAN



Thank you

Let me know your reservations...

Join in now...
Click the link to sign up:
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Please ALL payments are made directly to AIICO INSURANCE PLC.

Insurance is one of the best means at this post COVID


AIICO INSURANCE PLC


*>>>The 1million Naira Plan*

You just pay N 42,000 quarterly

or N14,000 monthly

or N 168,000 annually

to access the plan.

1. You will get 40% of your annual savings:
*(That is, 40% of your N168,000= N67,200)*


2. You get N20,000 anytime you are hospitalised.

3. After the first three years, you get:
(a) N250,000 cash
(b) Loan facility @ 1% interest, NO COLLATERAL, Pay back when you like.

4. After another 3 years, you get another 250,000 cash.

5. At the end of the last 3 years,

It's time to receive item (1) above which is N67,200 x 9 = N604,000

Plus N1million

*Total cash you will receive is N1,604,000*

6.Insurance Benefits:
(a) If the client dies anytime during this time, the beneficiaries gets 1million cash + interest even though it's just the first year.

(b) if the death is accidental they get an additional N500,000.

(c)if the client becomes permanently disabled he/she gets N1million cash

7. You get a free promo gift when you sign up.

It's the
AIICO FLEXIBLE ENDOWMENT BUNDLE PLAN

Please ALL payments are made directly to AIICO INSURANCE PLC.

Thank you

Let me know your reservations...

Join in now...
Click the link to sign up:
https://docs.google.com/forms/d/e/1FAIpQLScgKDiVvEKbDeJ_MOZllZBtnQJAXZwe5FQik0AyoC2YYVX9dA/viewform?usp=pp_url

...

Join in

Savings isn't scam as much as you save in the right place...

This product is

SAVINGS transformed into
INVESTMENT for you
plus INSURANCE

DuBLINGreenb post=92o180729:
Savings is a scam

You need Information... Don't jump into conclusions without first finding out.

Saving your money these days in a bank is an Herculean task with the current regime of stamp duties, maintenance fee, ATM maintenance, sms fee etc.

I want to introduce a very vibrant, stable and reliable way to save and enjoy huge returns on your investment plus insurance cover.

It's the Flexible Endowment Plan by AIICO Insurance PLC.

Please readup the full policy details here:

https://www.aiicoplc.com/index.php/retail-life/flexible-endowment-plan

In this plan you enjoy the following when you save monthly or quarterly or annually:

1) 40% of your annual savings

2) 25% of your sum assured at the first third of the plan

3) a 1% loan facility from the third year of your plan. NO COLLATERAL

4) 25% of your sum assured at the second third of your plan.

5) 100% of your sum assured at the end of your plan.

6) Full Insurance cover on the client in the event of death/Accidental death/ Permanent disability.

7.) Promo gift available.

Ensure you make ALL payments to AIICO Insurance PLC.

Ask a Sales Rep. how
WhatsApp 0.8.0.3.8.8.2.1.9.3.5

Or follow the link to enquire

https://docs.google.com/forms/d/e/1FAIpQLScgKDiVvEKbDeJ_MOZllZBtnQJAXZwe5FQik0AyoC2YYVX9dA/viewform?usp=pp_url