AIICO Insurance Plc Announces Delay in Filing FY 2017 Financial Statements

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The Management of AIICO Insurance Plc (the Group Company) would like to advise our esteemed shareholders, key stakeholders and the investing community that from information available to us and following some delays arising from conclusions, we have not been able to issue our audited financial statements for the year ended 31st December 2017 within the time frame required by the Nigerian Stock Exchange (NSE) and other regulatory agency requirements regarding the release and publication of Audited Financial Statements.

This notice has also been published on the company’s website; www.aiicoplc.com.

As a Group Company with three (3) different subsidiaries, the audit exercise for the group has been consolidated and sent to the primary regulator – National Insurance Commission (NAICOM).

We are optimistic that the regulator will conclude with the review of the accounts not later than April 27, 2018.

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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