AFIG Funds: NEM Insurance Rises 43% as AFIG Funds Acquire 29.9% Stake

By Goddy Egene Shares of NEN Insurance Plc soared by 43 per cent last week as the stock market reacted positively to 29.9 per cent equity acquisition by a leading African private equity fund manager, Advanced Finance and Investment Group(AFIG Funds). With this acquisition, AFIG Funds has become the largest shareholder in NEM Insurance. It [...]The post NEM Insurance Rises 43% as AFIG Funds Acquire 29.9% Stake appeared first on THISDAYLIVE.