Five investors corner 65% of IEI’s N25.84 billion public offer

AI Summary

Five investors accounted for 65% of the N25.84 billion public offer subscription for International Energy Insurance Plc (IEI) in Nigeria. This significant participation highlights concentrated investment interest in the insurance sector.

Just five applicants accounted for more than half of the entire subscription value in International Energy Insurance Plc’s (IEI) just-concluded public offer, in which the underwriter raised the sum of N25.84 billion. The post Five investors corner 65% of IEI’s N25.84 billion public offer appeared first on Nairametrics.