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Market Digest Nigeria

Business

ARM Life gets recognition from London, Nigeria stock exchange

ARM Life

The London Stock Exchange has recognised ARM Life Plc, following its achievement and the unique contribution to the growth of the national Gross Domestic Product.

The honour came after the company was featured in the ‘Companies to Inspire Africa 2019 report’, which was published by PwC Africa in conjunction with the London Stock Exchange. The Nigeria Stock Exchange also congratulated the company for the achievement in a letter of invitation to ARM Life for the NSE companies to inspire Africa 2017/2019 conference in Lagos. The nation’s bourse, recently partnered with the London Stock Exchange and PwC Africa to host participating companies, market operators and international participants in Lagos.

The British Deputy High Commissioner will also host a networking reception, and select fast-growing companies in Africa, to celebrate the launch of LSEG’s “Companies to inspire Africa 2019,” in Lagos. According to the LSEG, the criteria for giving the awards to ARM Life are its high standards of corporate governance year on the year growth trajectory, ethical business practices: challenging the status quo and being the benchmark for competition in this regard.

In the Nigerian insurance industry, ARM Life Plc was respected for its ethical business standards, professionalism and excellent customer experience which had impacted its business operations. The Managing Director, ARM Life, Stephen Alangbo, while speaking on the recognition said: “This, in turn, makes us a delight to our customers and partners, thereby gaining their loyalty.”

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