Guinea Insurance Plc announced on 31 July 2026 that it had raised about ₦12.6bn through a hybrid offer comprising a rights issue and a private placement, both approved by the SEC.
The company says the proceeds, with existing paid-up capital, take it above the ₦15bn minimum for non-life insurers, subject to final regulatory verification. It was not on NAICOM’s initial list of 43 compliant companies published after the 31 July deadline.
