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Kioxia says investment vehicle for SK Hynix is top shareholder

South Korea's SK Hynix holds bonds that can be converted into "substantially all" of the voting rights of BCPE Pangea Cayman2.

Kioxia says investment vehicle for SK Hynix is top shareholder

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NICON, Nigeria Re fighting a lost battle against NAICOM, source says

NICON Insurance Limited and Nigeria Reinsurance Corporation are fighting a “lost battle” in their dispute with the National Insurance Commission (NAICOM) over the recently concluded insurance sector…

  • NICON Insurance and Nigeria Reinsurance Corp. contest NAICOM's recapitalization process.
  • Ibrahim opposed increased minimum capital requirement for reinsurance companies.
  • NAICOM revoked operating licenses of the two companies.