Great Nigeria Insurance ₦8bn private placement

Lead party: Great Nigeria Insurance Plc (issuer)Coverage: The Meridian legal market record (editorial). Tope Adebayo LP acted as Co-Solicitors to the Issue on Great Nigeria Insurance’s ₦8 billion private placement. It is part of GNI’s plan to meet NAICOM’s revised capital requirements under NIIRA 2025 (₦15 billion for non-life by July 2026). The team was…


Lead party: Great Nigeria Insurance Plc (issuer)

Coverage: The Meridian legal market record (editorial).

Tope Adebayo LP acted as Co-Solicitors to the Issue on Great Nigeria Insurance’s ₦8 billion private placement. It is part of GNI’s plan to meet NAICOM’s revised capital requirements under NIIRA 2025 (₦15 billion for non-life by July 2026). The team was led by Partner Ifeoma Ezeribe.

Value (as reported): ₦8 billion.

Law firms: Tope Adebayo LP – Co-Solicitors to the Issue.

Lawyers named: Ifeoma Ezeribe (Tope Adebayo LP); Philip Francis (Tope Adebayo LP); Gbenga Ogundoye (Tope Adebayo LP); Excellent Epelle (Tope Adebayo LP).

Parties: Issuer: Great Nigeria Insurance Plc.

Jurisdiction (as reported): Nigeria · Sector (as reported): Insurance / Equity.

Source: LinkedIn firm publication, posted 3 April 2026. Meridian record LI-DL-2026-0022.