AIICO Insurance Shareholders Approve 12 kobo Dividends

Shareholders of AIICO Insurance have approved the payment of a 12 kobo dividend per share, amounting to N4.39 billion. The resolution was passed during the company's 2026 Annual General Meeting held in Lagos.

This dividend payout at a critical time reinforces AIICO Insurance's standing as a leading entity in Nigeria's insurance and financial services sector. The meeting also marked a significant step in the company's governance evolution with the appointment of three accomplished professionals to the board as non-executive directors.

AIICO Managing Director, Mr. Babatunde Fajemirokun, expressed gratitude for the shareholders' confidence. He stated that the board strengthening reflects a commitment to robust governance and long-term value creation. Fajemirokun added that the diverse experience on the board will enhance decision-making and sustain market leadership.

As AIICO continues its transformation into a financial services group, the company remains focused on building a resilient, forward-looking institution. The goal is to consistently deliver sustainable value to all stakeholders.

“

We are grateful to our shareholders and investors for their continued confidence and support. Their trust remains a strong validation of our strategic direction and the progress we are making as a business. The strengthening of our board reflects our deliberate commitment to robust governance, disciplined oversight, and long-term value creation. With the depth of experience and diversity now represented at the board level, we are well-positioned to enhance the quality of our decision-making and sustain our leadership in the market.