IEI Plc targets N22 billion capital raise amid leadership transition

Nairametrics | 20-11-2025 06:13pm |

International Energy Insurance Plc (IEI Plc) has announced an ambitious N22 billion capital raise, marking a pivotal phase in its transformation and post-restructuring growth strategy. The company also confirmed that Mr. Olasupo Sogelola stepped down as Managing Director/Chief Executive Officer effective November 12, 2025, closing a tenure credited with driving IEI’s turnaround, while the Board appointed Dr.

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