Lasaco Assurance Plc has recorded 81.5 per cent growth in profit to N2.36 billion for the quarter ended March 31, 2026.
The company’s memorandum and articles of association are to be amended to reflect the revised capital structure.
Mr Shobo said adopting FastClaim reinforced Lasaco’s commitment to advanced technology as it worked to meet rising customer expectations and stay competitive.
According to him, all the staff of Lagos State know that the government is taking care of them.
Revenue rose significantly by 59 per cent, reaching N10.43 billion in 2025, compared to N6.57 billion posted in the corresponding quarter of the previous year.
According to the regulator, the suspension action follows a share capital reduction undertaken by Transcorp.
