The Nigerian Stock Exchange (NSE) has suspended the trading of LASACO Assurance's shares indefinitely.
This decision was prompted by the failure to comply with the recapitalization deadline [4] imposed by the supervisory authority NAICOM.
The suspension period started on 15 February 2021.
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[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fthe-nigerian-stock-exchange-suspends-lasaco-assurance-s-activities&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/2021-a-transition-year-for-insurers
[4] https://www.atlas-mag.net/en/article/increase-in-the-minimum-share-capital-of-nigeria-s-insurance-companies