| ROYAL EXCHANGE STARTS UP A MICROFINANCE BANK |
| Royal Exchange has taken a giant step into microfinance banking by opening this new subsidiary at the head office premises in Oshodi.Earlier in the year, February 2008, the Central Bank of Nigeria had granted approval in principle to Royal Exchange Plc to open a microfinance bank.
Since... |
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| Royal Exchange Board Appoint New Directors |
| The Board of Directors has approved the appointment of Mr. Chike A. Mokwunye and Alhaji Auwalu Mukhtari as Group Executive Director (Group Services) and Group Executive Director (Marketing & Sales) respectively, effective October 17, 2009.
Alhaji Auwalu Mukhtari has a Diploma in... |
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| Royal Exchange Completes payment to NBC,Pays NGN 563 Million As Consequential Loss |
Royal Exchange General Insurance Company Limited (REGIC), Nigeria’s pioneer and leading insurance company has completed a N3.8billion insurance claim payout to Nigeria Bottling Company (NBC) in respect of the fire disaster which engulfed the Benin factory of NBC in December 2008.
Royal... |
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| ROYAL EXCHANGE MOURNS PASSING OF CHIEF J. AKIN-GEORGE OFR, FCIB |
| The Board, Management and Staff of Royal Exchange Plc have expressed deep regret over the death of Chief John Akin-George, OFR, FCIB. Until his death, Chief Akin-George was the Chairman of J. Akin-George & Company Incorporated Insurance Brokers and was a Director of several companies operating... |
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| ROYAL EXCHANGE HOSTS LAGOS STATE UNIVERSITY (LASU) INSURANCE STUDENTS ASSOCIATION |
| Royal Exchange General Insurance Limited, Nigeria’s leading general insurance company recently hosted the Actuarial Science and Insurance Studies Students Association of the Lagos State University (LASU), who visited the company to get a deeper understanding on the workings of an insurance company.... |
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| ROYAL EXCHANGE EASIES PAYMENT OF INSURANCE PREMIMUS FOR MOTOR VEHICLE & PERSONAL ACCIDENT COVER |
Royal Exchange Plc, Nigeria’s pioneer insurance group, has extended its e-payment platform with the introduction of its scratch card payment solution to now also cover motor vehicle and personal accident insurance policies.
A statement from the company’s Corporate Affairs Department said... |
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| Royal Exchange Sets 48-Hour Deadline For Claims Settlement |
| In a bid to consolidate its premier position in the financial services market, Royal Exchange Plc, has set a 48-hour deadline period for the settlement of all insurance claims.
A statement issued by the company’s Corporate Affairs Department quotes Mr. Olutayo Richard Borokini,... |
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| Royal Exchange Repositions for Emerging Opportunities in Oil and Gas |
Royal Exchange, Nigeria’s premier financial services group has reinforced its preparedness to fully explore all opportunities presented by the Federal Government’s local content policy which seeks to encourage more indigenous participation in the oil and gas sector.
This fact was disclosed in... |
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