# Sovereign Trust Insurance Plc 宣布成功向尼日利亞中央銀行匯出15億奈拉法定資本存款。

*business · news · 2026-06-07 · Independent Newspaper Nigeria*

## Key points

- Sovereign Trust Insurance Plc 已向尼日利亞中央銀行匯出15億奈拉作為法定資本存款。
- 這15億奈拉的匯款符合NIIRA 2025規定，需存入最低資本的10%。
- 該公司在NAICOM設定的2026年5月31日監管截止日前完成存款。
- 此匯款標誌著Sovereign Trust Insurance在新改革下資本重組策略的一個重要里程碑。

0 LAGOS – Sovereign Trust Insurance Plc has announced the successful remittance of a N1.5 billion statutory capital deposit to the Central Bank of Nigeria (CBN), in compliance with regulatory requirements introduced under the Nigerian Insurance Industry Reform Act (NIIRA) 2025. The disclosure was contained in a statement issued by the company’s Deputy General Manager and Head of Corporate Communications and Investor Relations, Mr. Olusegun Bankole. According to the company, the deposit fulfils a directive by the National Insurance Commission (NAICOM) requiring all insurance operators to lodge 10% of their regulatory minimum capital with the CBN as part of ongoing reforms aimed at strengthening the insurance sector. As a non-life insurance company, Sovereign Trust Insurance was required to deposit N1.5 billion and complete the remittance ahead of the May 31, 2026 deadline. Dr. Lucas Durojaiye, the Managing Director and Chief Executive Officer of Sovereign Trust Insurance Plc, described the successful remittance as a major milestone in the company’s growth and recapitalisation journey. The fulfilment of the statutory N1.5 billion deposit requirement with the Central Bank of Nigeria represents another important milestone in our growth journey and demonstrates our unwavering commitment to regulatory compliance and financial solvency in competing favourably in the Nigerian insurance space and beyond,” Durojaiye said. According to him, the achievement reinforces stakeholder confidence in the company’s financial strength and long-term sustainability. “This achievement further strengthens the confidence of our shareholders, policyholders, business partners, and other stakeholders in the company’s ability to consistently meet its obligations while creating sustainable value for all,” he added. Durojaiye noted that the insurer remains focused on strengthening its capital base, improving operational efficiency, expanding market reach, driving innovation, and delivering enhanced insurance solutions to customers nationwide. He also reaffirmed the company’s commitment to meeting all regulatory obligations while maintaining high standards of corporate governance, professionalism, prompt claims settlement, and customer service. The company said the successful remittance represents a significant step in its ongoing recapitalisation programme and underscores its readiness to align with regulatory initiatives aimed at improving the resilience and competitiveness of insurance operators in Nigeria.

**Companies:** Sovereign Trust Insurance Plc
**Countries:** Nigeria

[Read the full story on Independent Newspaper Nigeria](https://independent.ng/sovereign-trust-insurance-remits-n1-5bn-statutory-capital-deposit-to-cbn/)

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