Sovereign Trust investment income hits ₦281 million in 2016

Sovereign Trust Insurance Plc posted a growth of 3.3 percent in its balance sheet size and 32 percent in its investment income respectively for the year ended December 2016. This was disclosed by the Chairman, Mr. Oluseun Ajayi at the company’s 22nd Annual General Meeting in Lagos. Addressing the shareholders during the meeting, Ajayi said, […]

Read More

Sovereign Trust Insurance focuses on increasing share capital, aim ₦7.5 billion

Sovereign Trust Insurance Plc says its special business for the company’s 22nd Annual General Meeting slated for September 21, 2017, will focus on increasing the authorised share capital of the company from ₦5.5 billion to ₦7.5 billion. This, it noted, would happen by the creation of 4,000,000,000 ordinary shares of 50 kobo each ranking pari […]

Read More