Lagos, 2nd of March, 2022.

PRESS RELEASE ON THE FILING DEFICIENCY OF THE AUDITED FINANCIAL STATEMENTS OF NIGER INSURANCE PLC FOR THE YEAR ENDED 31ST DECEMBER 2021.

The Board of Directors and Management of Niger Insurance Plc., hereby inform their esteemed Shareholders and other Stakeholders that Niger Insurance Plc's. (the "Company") Audited Financial Statement for the year ended 31st December, 2021, (the "Account") will regrettably be delayed for submission with the Nigerian Exchange Limited (the "Exchange") within the regulatory due date of Thursday, March 31, 2022.

The unintended delay in the submission owes to the ongoing restructuring within the Company's accounting system, which will not be completed within the time frame as stipulated by the extant regulations of the Exchange to enable the Auditors conclude the audits of the Account.

Whilst the Company is doing everything it can to speed up the submission process, the Board and the Management sincerely apologize for any inconvenience that this delay might cause its Shareholders and Stakeholders.

BY ORDER OF THE BOARD

TOLG NOMINEES

COMPANY SECRETARY

FRC/2016/00000009114

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Niger Insurance plc published this content on 02 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 March 2022 13:57:09 UTC.