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NIC Holdings Ltd

A sign at the entrance of the Uganda Securities Exchange in Kampala

NIC Holdings warns on 2023 profits

Insurance company says it will report significant decline in earnings for the year to December 2023, blaming economy and costs of implementing new accounting standard

Executive Profile: Bayo Folayan

The Nigerian entered the insurance industry in 1983 with Sakiina Insurance Brokers in Nigeria. Folayan has a BSc in Insurance from the University of Lagos and an MBA from the University of Ilorin, Nigeria.

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