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 the Founder Naija247news Media Ltd He has over 16 experiences in journalism, which cuts across traditional and digital media. He started his journalism career in Business Day, Where he was a senior editorial graphic artist, before he left to start Naija247news, An Online Financial Newspaper in 2010. He has won series of awards and he is the chairman of Emmerich Resources Limited, the publisher of Naija247news.com and also sits on the board of Students In Business Awards, (SIBA).

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