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Wed. Sep 10th, 2025
Trending News: Natasha: Citing Pending Appeal Court Case, NASS Blocks Senator’s Resumption Despite Suspension ExpirationDSS Brokers Truce as Oil Workers Call Off Nationwide StrikeEdun, Oyedele Say No Plan to Implement 5% Fuel Surcharge in JanuaryAt CIBN Conference, Tinubu Urges Bankers to Boost Funding to Manufacturing Sector, Digital Innovations, OthersFirst Lady Grants N47m Scholarships, Laptops to 47 UndergraduatesShea Industry: Tinubu’s Bold Policy Will Drive Economic Renewal, Make Nigeria Global Leader, Says IdrisCAPPA Commends FG’s Health Tax PolicyRenewable Energy: Experts Call for Collaboration to Drive Adoption of New TechnologiesNigeria, Angola to Sign 15 MoUs As 5th Joint Commission Begins in LuandaAmnesty Programme Disowns Itsekiri Graduates of Novena Varsity2027: More Govs Will Join APC, Says YilwatdaRights Advocate Tasks Young Lawyers: Use Litigation to Demand Accountability from GovtIGP Applauds DEPOWA’s Full Scholarships for Children of Fallen HeroesAfreximbank, BOA Seal $1bn Deal for Nigeria’s Smallholder FarmersNGO to Empower 2,000 Frontline Health Workers in KatsinaAtiku: ADC Mission is to Defend Nigerians from Tinubu’s Anti-democratic ForcesAdire Teems Represents Nigeria at CANEX 2025 in AlgeriaCOAS, Lt. Gen Oluyede Visits Ogoja, Reassures on Better Welfare for Troops ​​How Kenechukwu Okafor is Impacting Society Through VolleyballParaquitom: Celebrating Your Life, Story, Legacy and Capturing Your Essence for Future GenerationsHow Tired Land, High Interest Loans Hamper Bountiful Harvest for Women FarmersFoursquare Church to Host 12th Annual Public Lecture on Poverty Alleviation, Economic DevtAFTER EKPA: BALLOTS, NOT BULLETSDEACTIVATING SOCIAL MEDIA ACCOUNTSAFMPN to Brainstorm on Harnessing Technologies for Smart Workplaces, CitiesNUPENG Suspends Strike, Sign Agreement With Dangote RefineryNEPC Equips Entrepreneurs with Export Skills at Lagos Mainland Trade FairShettima At NES Annual Summit, Describes Tinubu Govt’s Bold Reforms As Proof Of Political Will In Economic PolicyAs Hurricane Odey Sweeps Across the North, Leaving Trails of SweetnessPresidency: 70% Of Insecurity In N ‘Central States Solvable Through Non-kinetic MeansNBS, INEC Collaborate On Data CollationEXCLUSIVE: Tinubu Loyalists In Secret Meeting Involving Governor Vow To Attack, ‘Demobilise’ Sowore For Criticising ‘Their Leader’Suspected Bandits Kidnap APC Chairman’s Wife, Daughter in KwaraFRSC, KT-IRS to Establish Number Plate Manufacturing PlantEXCLUSIVE: Nigerian Police Spent N22million On 85 Cartons Of Cracker Biscuits For Personnel On OperationsLiteracy Day: Prospects Are High Towards Achieving SDG-4 in 2030, Says FGFlood: 545 Households Displaced in KadunaUNICEF Calls for Institutionalisation of National Social Register to Tackle  Poverty in NigeriaOyebanji: Ekiti Teachers Critical to Our Shared Prosperity AgendaSowore Writes Facebook, Urges Social Media Platform to Reject DSS’ Request for Ban, Deactivation of His AccountPIND Arts, Culture Initiative Promotes Peace in N’DeltaRSUTH Seek Collaboration for a Sustained Global Health PrioritiesBREAKING: INEC Workers Shut Offices In Kwara Council Areas Over Rising Attacks, KidnappingsHouse Confirms Discovery of Dead Body around N’Assembly ComplexWinners Emerge in LearnHistory Africa Kids Essay CompetitionEXCLUSIVE: How Nigerian Police Took ₦5million Bribe To Cover Up Murder In Abuja Community By Land Grabbers Led By Bwari ChairmanWomen Group Demands End to Killing of Igbo YouthsWike Appoints Sabanti Nathan FCTA Acting Head of ServiceSowore’s Lawyer Effiong Writes Meta To Ignore DSS Call On Facebook Ban, Says Tinubu Should Seek Redress In CourtNUPENG Strike: FG’s Peace Meeting with Dangote, Oil Workers Ends in DeadlockKachikwu: FG Must Insulate NNPC, NUPRC, NMDPRA from Political Interference to Restore Confidence in Oil SectorEcobank Seeks Noteholders’ Consent on $875 Million DebtNIM President: No Meaningful Development Can Occur in Chaotic, Insecure AtmosphereAchonu: National Assembly Working on Bill to Legalise Cannabis for Medicinal, Economic PurposesTUC Threatens Nationwide Strike Over 5% Tax on Petroleum ProductsNo Casualties as Thunderstorm Cuts 132kv Otukpo-Nsukka Transmission LineBolaji Abdullahi: We Have Completed our Documentations with INECCVR: Over 3.5m Nigerians Registered in Three WeeksGuber Poll: No Vacancy in Anambra Government House, Says GroupOlu of Warri Intervenes in Itsekiri Graduates’ Tuition BacklogDSS Writes Facebook, Demands Deletion of Disparaging Posts against TinubuAU, EU Urge African Countries to Harmonise Data Protection Governance FrameworksNEITI, CISLAC Partner to Deepen Transparency, Drive Reforms in Nigeria’s Extractive SectorWipe Crocodile Tears, Return Smart Schools’ Money, Enugu Patriots Replies SujimotoBuba Marwa, A Man of Uncommon Grace at 72IN PRAISE OF MU’AZU JAJI SAMBOBlasphemy Killings: One too ManyMINISTRY OF JUDGES WELFARECourt Orders British Airways to Pay Nigerian Passenger N53m Over Lost LuggageEx-NNPC GM Faces U.S. Sentencing Over $2.1m Bribery ConvictionTHUGS, TOUTS, AND THE NIGERIAN SYSTEMEffect of Failure to Raise Objection to a Confessional Statement TimeouslyLagos Judiciary Unveils Guidelines on Non-Custodial Sentencing to Tackle Prison CongestionLG Funds: Osun Objects Hearing of Suit against CBN, Accountant General by Abuja Vacation CourtAbbas, Edun Disagree Over Nigeria’s Rising Debt ProfilePresidency Sacks Tinubu’s AideGroup Chides Sowore Over IGP Attacks, Calls for Ex-IGP Alkali’s ProbeCVR: Over 3.5m Nigerians Registered in Three Weeks, Says INECMiller Williams Appointed As Head Of Publishing At emPawa AfricaOgun is Nigeria’s Top Investment Destination, Abiodun Tells AfCFTA Panel in AlgiersCivil Group Alleges Plot to Undermine EFCC, Destabilise Tinubu’s Anti-corruption AgendaKatsina Gov Confirms Negotiation with Bandits in Frontline LGAsJAMB Panel Uncovers 4,251 Finger Blends, 190 AI Cheats In 2025 UTMEPort Harcourt-Aba Train Service to Resume Operation Tuesday, Says OfficialIOM Unveils €5.1m Project to Foster Peace, Socio-economic Stability in Katsina, ZamfaraNDLEA Smashes Drug Cartel, Arrests 3 Kingpins, Seizes N5.3bn Australia-bound CocaineNAS Demands Increased Funding, Digital Inclusion, Accountability in Education SectorStakeholders Reunite as Adeleke Resolves Ife PDP FeudCourt Halts UNILAG SSANU Election over Leadership CrisisBREAKING: Nigerian Nursing Council Ends Policy Eliminating Students After Three Failed Exam AttemptsNOA, NAFDAC Lead as Consumers Vote  in Value AwardsCollege Principal, Two Others Abducted in NigerYouths Tasked on Active Participation in PoliticsAbeokuta/Sango-Ota/Lagos Road Rehabilitation: A Symbol of Ogun Govt’s Commitment5th Meeting of the Angola-Nigeria Bilateral Joint Commission Holds Tuesday in LuandaCustoms Exempts Imports Within $300 Threshold from Duty PaymentC’ River to Host AfSNET 2026 As Gov Signs Agreement With AfreximbankEcobank Nigeria Set to Host Second Edition of Design & BuildIf Obi Picks ADC Presidential Ticket, It’ll Be Tough for APC, Says UgomuohShettima Pledges Enhanced Military Operations Against Terrorists
Wed. Sep 10th, 2025

NGX Lifts Trading Suspension on Universal Insurance Shares 

Ebere Nwoji

The Nigerian Exchange Limited. (NGX) has lifted the suspension on trading in the shares of Universal Insurance Plc.

This development enables shareholders to resume trading the company’s shares on the NGX platform.
In its weekly report, the NGX stated, “We refer to our market bulletin dated 1 September 2025 with reference number: NGXREG/IRD/MB64/25/09/01 wherein we notified trading license holders and the investing public of the suspension in the trading on the shares of Universal Insurance Plc (the Company).”

According to NGX, the rules mandate that if an issuer fails to file the relevant accounts by the expiration of the Cure Period, the exchange will send the issuer a “Second Filing Deficiency Notification” within two business days. After the end of the Cure Period, suspend trading in the issuer’s securities; and notify the Securities and Exchange Commission (SEC) and the market within twenty-four hours of the suspension”. 

The company has now filed its Audited Financial Statements for the year ended 31 December 2024 and Outstanding Unaudited Financial Statements for 2025.
It added that in view of the company’s submission of its 2024 AFS, and pursuant to Rule 3.3 of the Default Filing Rules, which states that, “The suspension of trading in the issuer’s securities shall be lifted upon submission of the relevant accounts provided, the Exchange is satisfied that the accounts complied with all applicable rules of the Exchange.
“The Exchange shall thereafter also announce through the medium by which the public and the SEC were initially notified of the suspension, that the suspension has been lifted.”

The post NGX Lifts Trading Suspension on Universal Insurance Shares  appeared first on THISDAYLIVE.

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