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43 Information Technology Development Levy Group Group Company Company
2016 2015 2016 2015
At 1 January N'000 N'000
Appropriation for the year 4,523 N'000 - N'000
Payment during the year - 10,766 - 9,266
At 31 December - 18,114 -
4,523 (24,357) - 15,091
(24,357)
4,523
-

The Nigerian Information Technology Development Agency (NITDA) Act was signed into law on 24 April, 2007. Section 12(a) of the Act
stipulates that specified Companies contribute 1% of their profit before tax to the Nigerian Information Technology Development Agency. No
provision has been made as there was no profit before taxation as at 31 December 2016.

44 (Loss)/profit before taxation N'000 N'000 N'000 N'000
(Loss)/profit before taxation is stated after charging/(crediting):
194,044 185,520 142,421 123,139
Depreciation 7,175 21,688 3,259 3,065
Amortization 13,000 7,000 7,000
Auditors' remuneration 13,000 71,093 66,275
Director's remuneration 67,886 63,886
N'000 N'000
45 Premium receipt from policy holders N'000 N'000
621,671 32,646
Premium due from policy holder at 1 January 49,994 5,235,571 49,994 3,070,114
Gross Premium written in the year 4,378,185 5,857,242 2,511,965 3,102,760
4,428,179 2,561,959
Premium due from policyholders at 31 December (49,994) 49,994
Premium receipts in the year (16,340) 5,807,248 (16,340) 3,152,754
4,411,839 2,545,619

46 Fair value Hierarchy
The Company's fair value measurements model is highlighted in accounting policy 5.6.

Level 1
Fair value measurements classified as level 1 include fair values of quoted investments based on current
market prices.

Level 2
Fair value measurements classified as level 2 include fair values of unquoted investments which the
Company established using valuation techniques such as:

• Recent arm's length transactions
• Reference to other instruments that are substantially the same
• Net assets value and
• Discounted cash flows

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Level 3
Fair value measurements classified as level 3 include fair values of financial assets of which there are no
active markets and no observable inputs. They comprise loans and other receivables.
The table below highlights financial instruments in their various fair value hierarchies at year end:

2016 Total Level 1 Level 2 Level 3
Asset type N'000 N'000 N'000 N'000

Quoted securities - At fair value through 14,903 14,903 - -
profit or loss 154,046 154,046 - -
Quoted securities - Available for sale 168,949 168,949 - -

2015 Total Level 1 Level 2 Level 3
Asset type N'000 N'000 N'000 N'000

Quoted securities - At fair value through 18,365 18,365 - -
profit or loss 256,320 256,320 - -
Quoted securities - Available for sale 274,685 274,685 - -

47 Penalties

During the year the Company contravened certain sections of the Insurance Act, CAP I17, LFN 2004, NAICOM's
operational guidelines, the Nigeria Stock Exchange (NSE) post listing requirements and the Securities and Exchange
Commission (SEC) rules. Details of the contraventions and appropriate penalties thereon are as follows:

Amount of penalty

Section Nature of infraction
47.1 Penalty by NAICOM

Section 1.16 of operational guideline Late submission of 2013 quarterly returns 2016 2015
N'000 N'000
47.2 Penalty by Nigerian Stock Exchange
- 250
Un-Authorised publication of Accounts
N'000 N'000
Post-listing requirements penalty for default filing of 2015 accounts - 548
600
Section 14(a) of General Undertaking Un-authorised conversion of Preference shares 500
- 15,373
2011 Annual reports - 2,192

47.3 Penalty by Securities and Exchange Commission 500 18,713
Late submission of quarterly returns
N'000 N'000

18,920 1,275

This represent penalties imposed on the company for late filing of quarterly returns between 2012 and 2014.

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48 Directors and employees
Employees

The average number of persons employed by the Company during the year by category

Number Number

Excecutive Director 2 2
Management Staff 24 15
Non-management staff 94 114
120 131

Staff cost for the above persons (Excluding Executive Directors) was: 417,360 527,897
Wages and Salaries 7,376 6,463
Employees' Retirement Benefits
424,736 534,360

The number of employees of the company other than Director who received emolument in the following range was:

The details of the restatements are as follows: Number Number
1 1
N900,001 - N1,100,000 22 1

N1,100,001 - N1,300,000 - 22

N1,300,001 - N1,500,000 97 107
120 131
Above - N1,500,000

Directors' Remuneration 2016 2015
The remuneration paid to the Directors of the company was: N'000 N'000
Fees and other allowances 15,406 22,678
Excecutive compensation 48,480 43,597
63,886 66,275
Fees and other emolument disclosed above include amount paid to: N'000
The Chairman 3,800 N'000
Highest paid Director 29,240 3,800
33,040 35,338
The number of Director who received fees and other emolument 39,138
(excluding pension contribution) in the following ranges was: Number
N1,000,001 - N2,000,000 6 Number
N2,000,001 and above 2 6
8 2
8

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49 Prior Period Restatements

Revaluation Reserve
In 2015 revaluation surplus on land and building was stated without recognition of defered tax. As a result the
revaluation surplus was overstated by N55,731,000.

The financial statements have been restated to correct this error. The restatements required adjustments in the
statement of other comprehensive income and the statement of financial position as at 31 December 2015. To
this effect, the statement of profit or loss and other comprehensive income, the Statement of financial position,
statement of changes in equity and affected notes showed restated comparative information for the year
ended 31 December 2015.

The details of restatement are as follows N'000
Revaluation reserve 1,671,832
As previously stated
Recognition of tax on gain on revaluation surplus (55,731)
As restated 1,616,101

Revaluation surplus N'000
As previously stated 557,314
Recognition of tax on gain on revaluation surplus (55,731)
As restated 501,583

Deferred tax liabilty N'000
As previously stated 305,560
Recognition of tax on gain on revaluation surplus
As restated 55,731
361,291

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50 Contingent liabilities
No material contingent liabilities have been made or are likely to be made in these financial statements.

51 Related party transactions
Insurance contract - Standard Alliance Life Assurance Limited.
The Company buys Group Life Policy for the staff from Standard Alliance Life Assurance Limited, a
related Company. A sum of N1,667,922. (2015: N6,006,927) was paid as premium for the year ended 31
December 2016.

52 Events after the reporting period
There were no events after the reporting period which could have a material effect on the
financial position of the Company as at 31 December 2016 and profit attributable to equity holders.

53 Risk Management Report

A) Introduction and overview
The Company was faced with the following risks in its operations.
i Capital Adequacy risk
ii Regulatory risk
iii Liquidity risk

This note presents information about the Company's exposure to each of the above risks, the Company's
objectives, policies and processes for measuring and managing risks.

Risk Management Philosophies and Principles
The following principles guide financial risk management in the Company:
i. A deliberate and conscious management of the Company’s investment portfolio to ensure that

the risk of excessive concentration on any one class, industry, or sector is minimized, as well as to
ensure portfolio flexibility and liquidity.

ii. A strict adoption of sound internal policies and processes resulting in consistent adherence to
investment guidelines issued by the National Insurance Commission to enable the Insurance
industry maintain sound solvency margin and sound liquidity health at all times.

iii. The Executive Management took responsibility for establishing a robust liquidity management
framework consistent with regulatory requirements of the Commission that ensures sufficient
liquidity to withstand a range of stress events.

iv. The financial risk procedural manual spell-out the operational steps and procedures for executing

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relevant controls to prevent the occurrence or reduce the impact of risk events touching on
Financial and strategy risk. The manual is being reviewed periodically reviewed and updated to
take into account new activities, system changes, and structural changes in the industry.

v. The Board approves all strategies and policies in respect of financial and strategic risk
management.

vi. Evaluation of the effectiveness of risk management process and the internal control system shall
be carried out by external consultants periodically.

vii. The Company relies on its Risk Management Committee

viii. lt develops early warning indicators to aid the prompt identification of all risks from all of the risk
categories

Risk Management Strategy
The Board and Management has put in place clearly defined financial risk management framework that
provides the Company with guidance and prescribes tolerable financial risk related losses considering
available capital and levels of other investment risk exposures. The Company’s financial risk policy and
strategy are anchored on the following:

i. Investment portfolio diversification which involves the application of the Company’s investable
funds in a wide range and class of financial instruments consistent with Regulatory Requirements.

ii. Liquidity risk Management taking within well defined limits with the sole purpose of creating and
enhancing liquidity and competitive advantage,

iii. Effective utilisation of Company’s liquidity position.

Risk Management Framework
The Standard Alliance Insurance Plc recognises the presence of financial risk in its process of delivering
value to its stakeholders. This financial risk Management Framework is set out to manage financial risks
resident in the investment processes and procedures of the company. It provides guidance on related
issues of Identification, Measurement, Monitoring and Reporting of financial risks in order to ensure the
Company continually meets its contractual liabilities to policy holders.
The Company recognizes the importance of these classes of risks, which is inherent in the investment,

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market, and liquidity management of its insurance business. This policy contains guidelines to help the
Company manage its assets in a sound and prudent manner, taking account of the profile of its liabilities, its
solvency position and its risk return profile.

The Company's financial risk shall be managed within tolerable limits through an appropriate management
focus and deployment of resources.

Risk Management Governance
The overall responsibility for the management of financial risk shall resides with the Board through its Risk and
Remuneration Committee. To ensure consistency and prudent management of financial risks, this responsibility
shall be divided as follows:

i. Board of Directors/ Risk & Remuneration Committee
ii. Finance and Investment Committee of the Board
iii. Executive Management Committee on Investment
iv ERM Committee/CRO
v. Finance and Investment Department.
vi Quality Assurance and Control

Risk Tolerance/Appetite
The Company shall operate by managing its risks within acceptable bounds so as to maintain and
increase the value of its resources for its stakeholders. An explicit discussion of risks and risk tolerance wil
be part of the STANDARD ALLIANCE INSURANCE's decision making process.

STANDARD ALLIANCE INSURANCE has defined Enterprise risk appetite at two levels:
i. The enterprise level; and
ii. The Business/Support/Functional Unit levels

ERM Committee set target key performance indicators (“KPI's”) at both an enterprise and a
business/support unit level based on recommendations from the Chief Risk Officer. Target KPI's is reviewed at
least on annual basis.

At the Business and Support unit levels, the enterprise KPI's is cascaded to the extent that the
contribution of each Business/Support Unit to enterprise risk shall serve as input for assessing the performance
of the Business/Support Unit.

Tolerance levels is defined for each key risk indicator and serves as a proxy for the risk appetite for each risk area
and Business/Support Unit.

Tolerance levels is subject to approval of ERM Committee and shall be reviewed on a periodic basis to
reflect changing circumstances.

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Risk Management Process
The Company's disciplined approach to risk management is iterative, scalable, and includes the steps
below. Consistent application of this process enables continuous improvement in decision making and
performance by top Management. The processes are as follows:

1. Communication and Dialogue: Communication and dialogue with internal and, as appropriate,
external stakeholders as far as necessary takes place at each stage of the risk management
process.

2. Establishing the Context: This defines risk parameters to be taken into account when managing
risk, and setting the scope and risk criteria for the remaining process.

3. Risk Identification: This process helps the company develop a comprehensive list of risks based on
those events that might enhance, prevent, degrade, or delay the achievement of the objectives.

4. Risk Analysis: This context helps to understand the causes and sources of risk, their positive and
negative consequences, and the likelihood that those consequences can occur. Existing risk
controls and their effectiveness should be taken into account and communicated.

5. Risk Evaluation: The purpose of risk evaluation is to assist in making decisions based on the
outcomes of risk analysis about which risks need treatment and to prioritize treatment
implementation for those unacceptable risks (i.e. those that exceed risk tolerance)

6. Risk Treatment: This involves the selection of one or more options for modification of
unacceptable risks and implementing those options. Risk treatment options include: avoiding
the risk, seeking out an opportunity, removing the source of risk, changing the likelihood,
changing the consequence, sharing the risk with another party, and retaining the risk by choice.

7. Monitoring and Review: This step should encompass all aspects of the risk management process
to:

i. Analyse and learn lessons from events, changes, and trends.
ii. Detect changes in the external and internal context including changes to the risk.

Risks/ events shall be identified and analysed against the broad success criteria which may be affected.

The focus in risk identification is capturing all the possible risks associated with an event, activity, project,
roles or management decisions. It also covers the impact of an event occurring on the identified success
criteria.

i. Element of Risk- Description of the risk engaged within a process and event or a role.

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ii. Impact on business- Details the consequences of a risk occurring upon the related success criteria.
iii. Mitigation Measures- Details controls already established or in the process of being established.
iv. Responsibility- Identifies the officer and department responsible for the implementation and

monitoring of compliance of the prescribed controls.

B) Financial Risk Assessment
Risks is measured in terms of likelihood and consequences on both inherent and residual basis (pre and
post controls). Both likelihood and consequences may be measured qualitatively or quantitatively
depending on the risks being considered.

The criteria for success adopted by the Company are;
I. Shareholders' funds
ii. Market Share
iii. Company's image
iv. Revenue growth
v. Employees welfare
vi. Solvency Margin
vii. Customer Service

The impact of risk against this success criteria form the basis for the development of the consequence rating
scale. The specific evaluation criteria adopted in this document is:

Consequence rating scale

No Rating Consequence (impact on established success criteria) Quantification
1 Catastrophic >/= 10% of Shareholders’ fund
Share holder’s fund depleted, license with drawn and
liquidation imminent

2 Major Most success criteria threatened or one severely affected 5% - < 10% of shareholders’ fund
3 Moderate 1% - < 5% of shareholders’ fund
4 Minor Some success criteria affected, considerable effort being 0.5% - < 1% of shareholders’ fund
made to rectify
Easily remedied, criteria can be recovered

5 Negligible Very small impact, rectified in the course of normal processes < 0.5% of shareholders’ fund

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Likelihood rating scale

No Rating Interpretations
1 Almost certain More than 50% change that it will happen during the year and may occur several
2 Likely 50% change that it will happen during the year

3 Possible Less than 50% chance that it will happen during the year
4 Unlikely Could occur once over a 5-10 year period
5 Rare Very unlikely over a 10 year period

a) Market Risks
Market risk refers to worsening financial condition arising from adverse movements in the level of
volatility of market prices. It involves the exposure to movement of financial variables such as; equity
prices, interest rates or exchange rates. It is usually introduced into a Standard Alliance Operation
through variations in financial markets that cause changes in asset values, product or portfolio valuation.
Some of the events under market risks are:

i. Movement in interest rates to the extent that future cash flows from the assets and liabilities are
not well matched.

ii. Movement in market values of equity, real estate and other assets to the extent that the
company is exposed to changes in market value.

iii. Movement in exchange rates which may result in losses from asset and liabilities denominated
in different currencies.

b. Credit Risks
Credit risk refers to the risk of financial losses arising from default or movement in the credit quality of
issuers of security, debtors, or counterparties and intermediaries to whom the company has
exposures. Such risk events are:

i. Default Risk: Risk that a company will not receive or receipts delayed or partially the cash flow
or assets to which it is entitled because the other parties default in one or more obligations.
This risk has been substantially eliminated by the regulations No Premium, No Cover policy.

ii. Concentration Risk: Risk of increased exposure to losses due to concentration of investments in
a geographical area, economic sector, counterparty, or connected parties.

iii. Downgrade or Migration Risks: Risks that change in the probability of a future default by an
obligor will adversely affect the present value of the contract with the obligor today.

iv. Indirect or Spread Risks: Risk due to market perception of increased risk on either a macro or
micro basis.

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c) Liquidity Risks:

Liquidity risk refers to the risk that a Company, though solvent has insufficient liquid assets to meet its
obligations as they fall due. Liquidity is concerned with the current and future maintenance of
appropriate levels of cash and liquid assets. Such risk events are:

i. Liquidation Value Risks: The risk that unexpected timing or amount of needed cash may require the
liquidation of asset when market condition may result in loss of realized value.

ii. Affiliated Investment Risk: The risk that an investment in the Company may be difficult to sell or
that such affiliate may create a drain on the financial or operating resources of the Company.

iii. Capital Funding Risks: The risk that the company will not be able to obtain sufficient outside
funding as its assets are illiquid at the time of need.

iv. Negative Publicity with unexpected liquidity strain.
v. Negative Report about other companies in similar trade.
vi. Deterioration of the Economy.
vii. Abnormally volatile or stressed market.

Identification of Financial Risk
The various risk types identified under financial risk category as used in this policy are:

Market Risks Credit Risks Liquidity Risks
Interest Rate Concentration Risk Liquidation Value
Equity Default Risk Affiliated Investment
Real Estate Indirect or spread Risks Capital Funding
Currency Downgrade or Migration Risks Negative Publicity

Role of the CRO in conjunction with the Finance/ Investment risk manager:

i. Strive to anticipate the risks inherent in the above listed indicative factors and propose appropriate
preventive measures.

ii. Document the anticipated risks and reports to the ERMC for appropriate response and implementation.

Assessment of Financial Risk
I. The Company measures its financial risk exposures across risk types, risk factors and overall investment

portfolio.
ii. The Company documents the appropriate products to be used to hedge exposures, the item that

qualifies to be hedged, how hedging instruments effectiveness shall be assessed and identify individuals
responsible for monitoring hedge performance.
iii. The Company has set appropriate limit structure to control its financial risk exposures.

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iv. The Company periodically reviews its financial risk limits to verify its suitability based on current market
conditions, economic conditions and its overall risk tolerance

v. The Company applies its stress testing to determine the potential effect of economic shifts, market
events, changes in interest rates, changes in foreign exchange and changes in liquidity conditions

Internal Risk Identification and Assessment
Internal risk relate to risks that have their sources in faulty or deficient internal systems, process or negligence or
indolence of persons responsible for such roles. Such risk resides within the financial management system of the
Company.

i. Internal Processes
ii. Reporting System
iii. Bank reconciliation practices
iv. Budget preparation and monitoring
v. Working capital management
Financial risks also reside within financial processes, people in financial management, compliance levels,
Reporting system, control processes.

External Risk Identification and Assessment
External risks relate to risks that are exogenously determined and impact directly on the financial health
of the company. Such risks can arise from the following;

i. Changes in regulation
ii. Changes in currency and exchange rate
iii. Changes in interest rate
iv. Changes in capitalization and Solvency Margin.
v. Changes in shareholder’s structure and composition
vi. Changes in money and capital markets

Risk & Control Self Assessments
Risk control self assessment of existing, newly identified and emerging financial risk should be carried
out regularly, at least once every quarter.

i. For every Control-based financial risks such as fraud, the CRO in conjunction with the finance/
Investment managers risk shall;

a Identify the control structure
b Compare the control structure to a best practice model
c Identify the gaps
d Recommend and implement new controls.

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Risk Ratings
The CRO in conjunction with the finance/ Investment risk managers
Ensure every risk identified and assessed is given the right risk priority rating for effective treatment.

Key Risk Indicators
Management considers several factors as indicative of the presence of financial risks across the
organization. Some of these indicative factors are:

Market Risks – KRIs Credit Risks – KRIs Liquidity Risks - KRIs
Interest rate fluctuations Increasing receivables Earnings volatility
Proportion of debt to equity Changes in debt profile Asset coverage
Decline in market values Frequency of settlement failure Liquidity ratio
Guaranteed value losses Connected or affiliated Cash flow modelling
Changes in exchange rate Financial trends Frequency of Cash conversion
Rising inflation Counterparty exposures Working Variations in capital

Risk Mitigation
a. Insurance
i. The finance/ Investment risk manger brings to the attention of the Head Administration department

every risk emanating from investment operations that ought to be insured (refer to the risk register
for financial risks that are mitigated through insurance)

ii. The Administration Manager ensures that premium due for all insurances are dully paid
iii. The finance/ Investment risk manager shall advise the administration department of any insurance

that is no longer required.

b. Consultancy
All consultancy services relating to financial risk shall have contract which clearly states the terms of
engagement of the consultant.

The Chief risk officer shall ensure that the contract arising from all consultancy services covers the following;
Standard Level Agreement (SLAs) which;
i. details the minimum level of performance/quality required from the consultants
ii. clearly delineates the risks to be borne by the consultant
iii. clearly specifies the penalty for default

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Risk Reporting

Financial Risk Management requires an organization to have an effective risk reporting process reflecting the
up-to-date status of risk issues within the Company.

i. Such report should define the responsibility for production of investment report, the layout of each of the
reports, timing of production and delivery, presentation of result, basis evaluation, etc.

ii. Report should be analyzed to improve existing risk management performance, evaluate the impact of
financial risk breaches and monitor compliance with risk appetite levels.

iii. Separate report should be generated for each of the three major risk types: Market, Credit and
Liquidity Risk.

Risk Reporting Template
The periodic report should include the following:
i. Details of investment activities during the period under reference
ii. Commentary on each of the investment activity
iii. Details of portfolio positions by asset type
iv. Concentration analysis of portfolio and/or credit exposures
v. Details of any regulatory or internal limits breached during the period
vi. Actions taken on such if any
vii. Planned future investment activities

C) Capital management
The Company’s capital management framework is designed to ensure that the company is capitalised in line
with the risk profile, regulatory requirements, economic capital standards and target ratios approved by the
board. The capital management objectives of the company are to:

• maintain sufficient capital resources to meet minimum regulatory capital requirements set by
NAICOM

• maintain sufficient capital resources to support the company’s risk appetite and economic capital
requirements;

• support the company’s credit rating;
• maintain adequate capital to support the development of its business and to enable it continue as a

going concern, while at the same time maximising the return to its shareholders.
• allocate capital to businesses to support the company’s strategic objectives, including optimising

returns on economic and regulatory capital;
• ensure the company holds capital in excess of minimum requirements in order to achieve the

target Capital Adequacy Ratios set by management and to withstand the impact of potential stress
events; and
• manage the net asset value currency management process, including evaluating and implementing new
derivative instruments that could be used for hedging purposes;

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Capital Management Strategy
The Company’s Enterprise Risk Management (ERM) committee ensures compliance with the Company’s
capital management objectives. The committee reviews actual and forecast capital adequacy on a regular
basis. The processes in place for delivering the Company’s capital management objectives are:

• establish internal targets for capital adequacy;
• apply stress tests to assess the Company’s capital adequacy under stress scenarios;
• plan and forecast capital requirements to ensure that capital ratios exceed the targets set by the

Board.

In addition to these processes, the board, through the ERM Committee, review and set risk appetite annually
and analyse the impact of stress scenarios to understand and manage the Company’s projected capital
adequacy.

The Company has had no significant changes in its policies and processes to its capital structure during the year
under review through effective selection of investment platforms and has shown concerns over strict
compliance with NAICOM investment guidelines.

Solvency Margin

The Company solvency margin position is summarised below:

2016 2015
N'000
N'000 4,717,380
(3,000,000)
Company solvency 4,773,971 1,717,380

Regulatory minimum capital required (3,000,000)

Surplus in solvency margin 1,773,971

The Company had a solvency margin of N4.774 billion for the year ended 31 December 2016 (2015:N4.717
billion), which is N1.774 billion (2015:N1.717 billion) higher than the regulatory minimum capital of N3 billion.

Valuation Methods

The Insurance Act, CAP I17, LFN 2004 does not specify any particular approach that must be used in
determining the statutory value of insurance liabilities. Whilst some sections of the Act appear to make
reference to the net premium approach to reserving, we understand that this simply reflects the practice at the
time the Act was written and is not a requirement to adopt a net premium valuation approach. We have in the
last few years adopted the gross premium valuation approach for statutory purposes as standard and this has
been acceptable to NAICOM.

From the IFRS perspective, the main features of IFRS 4 that impact the liability calculations are as follows:
a) The IFRS prohibits provisions for possible claims under contracts that are not in existence at the end of

the reporting period.
b) The IFRS requires an insurer to keep insurance liabilities in its statement of financial position until they are

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discharged or cancelled, or expire, and to present insurance liabilities without offsetting them against
related reinsurance assets.
c) The IFRS requires a test for the adequacy of recognised insurance liabilities and an impairment test for
reinsurance assets.

Liability adequacy
At each reporting date, an assessment is made of whether the recognised long-term business provisions are
adequate, using current estimates of future cash flows. If that assessment shows that the carrying amount of the
liabilities (less related assets) is insufficient in light of the estimated future cash flows, the deficiency is recognised
in the profit or loss by setting up an additional provision in the statement of financial position.

Key assumptions in liability adequacy testing
IFRS 4 paragraph 15 describes the liability adequacy test which, if conditions are not met, requires any deficiency
to be recognised in profit or loss. Paragraph 16 states that:

“If an insurer applies a liability adequacy test that meets the specified minimum requirements, this IFRS imposes
no further requirements. The minimum requirements are the following:

a) The test considers current estimates of all contractual cash flows, and of related cash flows such as claims
handling costs, as well as cash flows resulting from embedded options and guarantees.

b) If the test shows that the liability is inadequate, the entire deficiency is recognised in profit or loss.”

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1 Claims and Premium Data
1.1 Data Reconciliation
The gross written premium and total claims paid up to 31 December, 2016 by line of business was compared
with the amounts recorded in the financial accounts and the data is shown below
1.1.1 Premium Data Reconciliation

Table 1.1a Gross Written Premium Gross Written Premium Percentage
Data (N) Account (N) Difference
Class of Business
435,711,956 435,711,956 0.00%
General Accident 110,571,994 110,571,994 0.00%
Engineering 403,780,008 403,780,008 0.00%
Fire 361,122,116 361,122,116 0.00%
Marine 476,809,952 476,809,952 0.00%
Motor 0.00%
Aviation 24,854,163 24,854,163 0.00%
Bond 61,657,443 61,657,443 0.00%
Oil & Gas 637,458,361 637,458,361
Total 0.00%
2,511,965,992 2,511,965,992

1.1.2 Claims Data Reconciliation
Table 1.1b

Class of Business Gross Claims Paid Gross Claims Paid Percentage
Data (N) Account (N) Difference
General Accident
Engineering 74,773,937 74,773,937 0.00%
Fire 69,230,594 69,230,594 0.00%
Marine 299,224,444 299,224,444 0.00%
Motor 34,955,154 34,955,154 0.00%
Aviation 154,069,269 154,069,269 0.00%
Bond 14,079,182 14,079,182 0.00%
Oil & Gas 22,703,384 22,703,384 0.00%
Total 31,758,286 31,758,286 0.00%
700,794,250
700,794,250 0.00%

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1.1.3 Comments on Claims Data

The claims data was divided into eight risk groups - (Marine, Motor, Engineering, Fire, General Accident, Bond,
Aviation and Oil & Gas) in accordance with the Nigerian Insurance Act 2003.

To enhance data credibility, we have not subdivided the claims data into sub risk groups e.g. comprehensive,
third party, private and commercial vehicles.

Extreme Large Losses
There was one (1) extreme large loss that was paid in 2016:

" Fire: Payout of N92m was made to Ifeco Communications Limited for a fire incident that
occurred on their premises in 2016."

" In addition, there are two outstanding large Fire and General Accident losses of N63m and N64m
respectively for incidents that occurred in 2015."

1.2 Business Trend

We illustrate in the table below that the Gross Written Premium decreased between the calendar years 2015 to
2016 with significant decreases in all lines of line of business except for Fire and Aviation lines business which
experienced positive premium growth.

Table 1.2 Gross Written Premium as Gross Written Premium as at Percentage
at December 2016 December 2015 Growth
Class of Business Data (N)
Data (N) -29.2%
General Accident 435,711,956 -16.3%
Engineering 110,571,994 615,637,927 40.4%
Fire 403,780,008 132,053,013 -32.8%
Marine 361,122,116 287,577,563 -14.9%
Motor 476,809,952 537,646,726 117.7%
Aviation 559,967,691 -3.5%
Bond 24,854,163 11,416,049 -14.8%
Oil & Gas 61,657,443 63,923,286
Total 637,458,361 748,047,921 -15.0%

2,511,965,992 2,956,270,176

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2.0 Valuation Methodology

"We describe in this section the methods used for calculating Premium and Claim Reserve. "
Premium Reserves

2.1.1 Our reserves consist of Unearned Premium (“UPR”), Unexpired Risk Reserve (“URR”) and Additional
Unexpired Risk Reserve (“AURR”), which are all described in section 3.

2.1.2 We used the 365th ( time apportionment) method each policy's unexpired insurance period UP as the
exact number of days of insurance cover available after the valuation date and estimate the UPR as the
premium *(UP)/ policy duration.

2.1.3 We then calculate the expected future claims cost for all the unexpired policy called the Unexpired risk
reserve (URR) as the product of our assumed Combined Loss Ratio and the Unexpired Premium (UP)
Typically, the Unearned Premium Reserve is expected to cover the unexpired risk. Where the unexpired
risk exceeds the unearned premium we have held , an additional reserve called Additional Unexpired
Risk Reserve (AURR) is created.

2.2 Claims Reserves

2.2.1 "The claim reserves comprise of:• Outstanding Claims Reported (OCR)• Incurred But Not Reported
(IBNR)The Gross Claim Reserve is the sum of the OCR and the IBNR.The OCR is obtained from the annual
financial statements. "

2.2.2 "In estimating the Gross Claim Reserves, we used three (3) approaches namely:a) Basic Chain Ladder
Method (BCL)b) Inflation Adjusted Basic Chain Ladder Method (IABCL)c) Discounted Basic Chain Ladder
and Inflation Adjusted Basic Chain Ladder However, based on the risk nature and claims distribution, we
have as our reserve estimate recommended the Discounted IABCL Method. The following section
describes each of the methods in turn;"

2.2.3 "The Basic Chain Ladder Method (BCL)The Basic Chain Ladder method forms the basis to the reserving
methods explained below. Historical paid claims were grouped into accident year cohorts by class of
business–representing when they were paid after their accident year e.g. a claim paid 3 years after
accident year 2007 etc. These cohorts form the development triangles.Each accident years, paid claims
were accumulated to the valuation date and projected into future their expected ultimate claim amount
using the trends observed in the historical data. The gross claim reserve was then derived from the
difference between the cumulated paid claims and the estimated ultimate claim.For the later years
where the cohorts are underdeveloped or has less than expected claims, the Bornheutter Ferguson (BF)
method was used to estimate the ultimate claims. The appropriate loss ratio used in estimated the BF

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ultimate claim was the average of fully developed historical years."

2.2.4 "The Inflation Adjusted Basic Chain Ladder Method (IABCL): Under this method, the historical paid losses

were adjusted to allow for inflation to the valuation date using the corresponding inflation index in each

of the accident years.The inflation adjusted paid were then treated similarly to the Basic Chain Ladder

described above. The incremental projected claims are then inflated based on our future inflation

assumption to the expected future payment date. "

2.2.5 "Discounted BCL and IABCLThis is the discounted form of the BCL and IABCL. In determining the value,
the future expected cash flow for claim payments is discounted to present day terms using our assumed
discount rate. "

2.3 "Reinsurance Recovery ReservesThe methods for calculating claim reserves is also the method used to
calculate reinsurance recovery reserves. However, due to the limited historical reinsurance recovery
data, the ratios between the Gross outstanding and reinsurance recoveries over historical years was
applied to the gross reserves to derive the reinsurance recovery reserves.The AURR recoveries were
derived by the product of the AURR and the ratio of the reinsurance recoveries to the gross outstanding
reserves."

We have adopted the official inflation indices below in our calculations:

Year Inflation Index Accumulated
Inflation Index
2007 6.60%
2008 15.10% 193.16%
2009 13.90% 175.01%
2010 11.80% 138.93%
2011 10.30% 109.77%
2012 12.00%
2013 8.00% 87.63%
2014 8.30% 70.11%
2015 9.60% 51.88%
2016 18.48% 40.63%
2017+ 15.00% 29.85%
18.48%

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“We performed calculations on the following two bases;• By discounting the claims estimated to the valuation
date at a discount rate of 16% p.a which at valuation data was close to the weighted average of bonds with
outstanding term of 4 years or less. • With no discounting"

2.4 "Loss Ratio Method
This method is simple and gives an approximate estimate. We adopted this method as a check on our ultimate
projections and also where there was insufficient data to be credible to use for the statistical approaches. Under
this method, we obtained the Ultimate claims by studying the historical loss ratios, investigating any differences
and using judgments to derive a loss ratio. Paid claims already emerged were then deducted from the estimated
Ultimate claims to obtain our reserves."

2.5 "Frequency and Severity Method
This method investigates the trend of the claim frequency and average cost per claim for each accident year. An
Average of the fully run off accident years was used as a guide on the ultimate claim frequency and ultimate
average cost which was then adopted for the accident years that are not fully run off. Large Losses Large losses
distorting the claims payment trend were excluded from all our chain ladder projections and analyzed
separately using the Average Cost per claim method."

2.6 Assumptions underlying the Valuation Methods

Our calculation assumes:
?Policies are written uniformly throughout the year for each class of business.
?Claims occur uniformly throughout the year for each class of business. This implies that claims occur on

average halfway through year.
?Future claims follow a regression pattern from the historical data. Hence payment patterns will be

broadly similar in each accident year. The proportionate increase in the known cumulative payments
from one development year to the next is used to calculate the expected cumulative payments for the
future development periods.
?An implicit assumption of the chain ladder is that weighted past average inflation will remain unchanged
in to the future.
?We assume gross claim amount includes all related claim expenses. If this is not the case, we will hold a
separate reserve to cover claim expenses.
?The UPR is calculated on the assumption that risk will occur evenly during the duration of the policy.
?Under the Average Cost per claim method used in estimating large losses, we assumed the early years
(e.g. accident years 2007, 2008) are fully developed

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Large Losses
The table below shows the large loss cut off level assumed for each class of business. SD below means Standard
Deviation of the claim distribution.

Class of business Large Loss Comment on Derivation

General Accident 10,000,000 10m Assumed
Engineering 10,403,262 Mean + 3SD
Fire 9,749,074 Mean + 3SD
Marine 10,098,805 Mean + 3SD
Motor 5,000,000 5m adopted
Bond Not Applicable
Oil & Gas N/A Not Applicable
N/A
Aviation Not Applicable
N/A

3 Valuation Results
3.1 Inflation Adjusted Chain Ladder Method – Result Table

Table 3.1: Discounted Inflation Adjusted Basic Chain Ladder Method- Discounted

Class of Business Gross Outstanding Estimated Reinsurance Net Outstanding
Claims Recoveries Claims
N N
N
General Accident 259,935,938 121,086,988
Engineering 63,114,694 (138,848,950) 27,564,080
Fire 377,490,629 (35,550,614) 240,476,043
Marine 72,886,231 (137,014,586) 25,946,865
Motor 157,808,508 (46,939,366) 136,857,981
Bond* 28,732,677 (20,950,527) 28,732,677
Aviation* 105,649,034 105,649,034
Oil & Gas* 566,378,153 - 566,378,153
TOTAL 1,631,995,862 - 1,252,691,820
Accounts (Outstanding Claims) 1,338,332,734 - 1,027,139,994
Difference 293,663,129 (379,304,043) 225,551,826
(311,192,740)
(68,111,303)

*Estimated using Expected loss ratio method and discounted

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3.2 Incurred But Not Reported (IBNR) Table
Table 3.2: IBNR Table

Class of Business Outstanding Claim Outstanding Reported IBNR
Reserves Claim Reserves N
General Accident N N
Engineering 38,692,051
Fire 259,935,938 221,243,887 19,263,980
Marine 63,114,694 43,850,713 52,336,376
Motor 377,490,629 15,372,169
Bond 72,886,231 325,154,254 48,057,495
Aviation 157,808,508 57,514,062 10,227,180
Oil & Gas 28,732,677 109,751,013 1,692,370
105,649,034 18,505,497 108,021,509
TOTAL 566,378,153
103,956,664 293,663,129
1,631,995,862 458,356,645

1,338,332,734

3.3 Reinsurance IBNR Table

Table 3.3: Reinsurance IBNR Table

Class of Business Total Outstanding Outstanding Reported Reinsurance IBNR
Reinsurance Recoveries Reinsurance Recoveries N
General Accident
Engineering N N 20,667,980
Fire 10,193,992
Marine 138,848,950 118,180,970 18,996,092
Motor
Bond 35,550,614 25,356,622 8,116,712
Aviation 137,014,586 118,018,494 10,136,527
Oil & Gas 46,939,366
20,950,527 38,822,654 -
TOTAL 10,814,000 -
- -
- -
- - 68,111,303
-
379,304,043
311,192,740

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3.4 UPR (Gross and Reinsurance UPR) – Result Table
Table 3.4: Estimated UPR (net of reinsurance)

Class of Business Gross UPR Reinsurance UPR NET UPR
N N N
General Accident
Engineering 95,552,920 (18,381,548) 77,171,371
Fire 49,854,751 (6,193,423) 43,661,328
Marine 181,879,763 (12,540,191) 169,339,572
Motor 123,667,197 (9,180,539) 114,486,658
Bond 186,398,205 186,398,205
Aviation 29,778,134 - 27,319,479
Oil & Gas 8,930,989 (2,458,655) 8,930,989
81,179,887 52,095,309
Total -
757,241,846 (29,084,577) 679,402,912

(77,838,934)

3.5 Deferred Acquisition Cost (DAC) DAC
N
Table 3.5: DAC
13,967,872
Class of Business 5,189,836
27,027,623
General Accident 7,545,963
Engineering 23,058,225
Fire 5,942,702
Marine
Motor 958,629
Bond 3,194,321
Aviation
Oil & Gas 86,885,173

Total

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3.6 Additional Unexpired Risk Reserve (AURR)

We illustrate below that for a some lines of business the assumed Combined Loss Ratio is more than 100%. The
assumed Combined Loss Ratio is calculated as the average of the sum of the Expense Ratio and the Ultimate loss
ratio over previous years. We have assumed a fixed Expense ratio across all lines of 63%. Accordingly, we have
estimated AURR's and their corresponding Reinsurance recoveries for those lines of business whose assumed
Combined Loss Ratio is greater than 100%.

Table 3.6: Loss Ratio Table Assumed AURR Reinsurance on
Loss Ratio AURR
Class of Business - -
85% - -
General Accident 91% 49,329,283 (17,904,633)
Engineering 127% - -
Fire 73% - -
Marine 90% - -
Motor 77% 4,962,902 -
Bond 156% - -
Aviation 84%
Oil and Gas 54,292,185 (17,904,633)

Total

3.7 We summarise below the estimated Gross Reserves and Reinsurance Recoveries under four (4) main
methods:

3.7.1 Gross Reserves

BCL Discounted Undiscounted N
IABCL 1,554,817,033 1,670,213,278
1,631,995,862 1,755,077,083

3.7.2 Reinsurance Recoveries Undiscounted N
392,705,755
BCL Discounted 431,642,993
IABCL 344,270,712
379,304,043

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4 Conclusion
4.1 We are adopting the reserves from the Inflation Adjusted Discounted Chain Ladder method in this

report. This method as indicated earlier
· Anticipates that total claim payments may be exposed to future inflationary pressures
· Recognises that reserves should represent the present value of future claim payments
4.2 Technical Reserves
We are reporting Gross Reserves of N2.44 billion and Reinsurance Assets of N475 million as shown in the
table below. Our estimates meet the Liability Adequacy Test.

Table 4.2: Technical Reserves

Reserves Gross Reinsurance Assets Net
(N)
(379,304,043) 1,252,691,820
Claims 1,631,995,862 (95,743,567) 715,790,464
UPR 811,534,031
Total (475,047,610) 1,968,482,284
2,443,529,894

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Financial Statements, 31 December 2016

APPENDIX TO THE FINANCIAL STATEMENTS

Group Aviation Bond Engineering Fire General Marine Motor Oil & Gas Life 2016 2015
N'000 Accident N'000 N'000 N'000 N'000 N'000 N'000
REVENUE ACCOUNT N'000 N'000 N'000
N'000 361,122 4,378,185 5,235,571
Premium Income (29,509) (37,763) 190,614
Premium written 24,854 61,657 110,572 403,780 435,712 331,613 476,810 637,458 1,866,220
(Increase)/decrease in Unearned premium (12,178) (189) (4,532) (136,508) 73,634 4,694 96,590 (29,765) 4,340,422 5,426,185
12,676 106,040 509,346 (31,349)
Reinsurance premium expenses 61,468 267,272 300,264 481,504 734,048 1,836,455 (692,015) (853,396)
Net premium written - (17,338) (39,266) 3,648,407 4,572,789
Commission received on reinsurance 12,676 (4,917) 88,702 (27,428) 470,080 6,098 - (375,489) (196,228)
Underwriting income 56,551 4,072 239,844 306,362 481,504 358,559 1,640,227 118,816 341,341
- 92,774 12,729 - 3,767,223 4,914,130
Less Claims Expenses 12,676 1,616 12,825 482,809 - 358,559 81,476
Claim paid 58,167 252,669 481,504 1,721,703
Increase/(decrease) in provision for
outstanding claims (14,079) (22,703) (69,231) (299,224) (74,774) (34,955) (154,069) (31,759) (831,133) (1,531,927) 2,089,400
Claims incurred but not reported (IBNR)
46,521 30,129 (7,038) (56,001) (63,845) (28,873) 46,860 (208,102) 21,365 (218,984) 175,734
Claims expenses recoveries from reinsurers (13,274) 14,070 (8,388) 10,326 14,294 (12,536) 13,329 13,844 - 31,665 (187,382)
Net Claims expenses 19,168 21,496 (84,657) (76,364) (93,880) 2,077,752
Underwriting expenses: 25,878 (344,899) (124,325) 21,169 (226,017) (809,768) (1,719,246) (359,586)
Acquisition cost - - (58,779) 139,616 110,277 43,301 (72,711) (282,357) 225,316 283,200 1,718,166
Maintenance cost 19,168 21,496 (14,048) (33,063) (508,374)
Changes in investment contract liability (20,472) (205,283) (51,661) (584,452) (1,436,046) 867,072
Total underwriting expenses (1,542) (12,140) (9,933) (95,204) (37,831) (42,832) 770,999
Total Expenses (2,233) (5,539) - (61,907) (39,140) (32,440) (11,092) (385,360) (677,209) 323,895
Underwriting profit - (36,272) - (57,263) (764,130) (989,782) 1,961,966
- (30,405) - - (94,493) (392,339)
(3,775) (17,679) - (134,344) (70,271) - - (2,059,330) 3,680,132
(89,184) (98,179) (167,204) (68,355) (1,149,490) 1,233,998
15,393 3,817 181,958 (148,392) (103,334) 648,708 (3,495,376)
(2,717) 54,350 (303,462) 631,201 409,696 (576,729) (1,733,942) 271,847
556,131 935,288 3,455,645

Company Aviation Bond Engineering Fire General Marine Motor Oil & Gas 2016 2015
N'000 N'000 Accident N'000 N'000 N'000 N'000 N'000
REVENUE ACCOUNT N'000 N'000
24,854 N'000 361,122 2,511,965 2,956,271
Premium Income (12,178) 61,657 110,572 403,780 (29,509) 476,810 637,458 (7,998) 113,843
Premium written (189) (4,532) (136,508) 435,712 331,613 4,694 96,590
(Increase)/Decrease in Unearned premium 12,676 106,040 73,634 2,503,967 3,070,114
61,468 267,272 509,346 (31,349) 481,504 734,048
Reinsurance premium expenses - (17,338) 300,264 (495,787) (602,574)
Net premium written 12,676 (4,917) 88,702 (27,428) (39,266) - (375,489) 2,008,180 2,467,540
Commission received on reinsurance 56,551 4,072 239,844 470,080 6,098 481,504 358,559
Underwriting income - 92,774 306,362 - 37,340 52,044
12,676 1,616 12,825 12,729 - 358,559 2,045,520 2,519,584
Less Claims Expenses 58,167 252,669 482,809 481,504
Claim paid 886,558
Increase/(Decrease) in provision for (14,079) (22,703) (69,231) (299,224) (74,774) (34,955) (154,069) (31,759) (700,794)
outstanding claims (86,524)
Claims incurred but not reported (IBNR) 46,521 30,129 (7,038) (56,001) (63,845) (28,873) 46,860 (208,102) (240,349) 24,760
(13,274) 14,070 (8,388) 10,326 14,294 (12,536) 13,329 13,844 31,665
Claims expenses recoveries from reinsurers 21,496 (84,657) (76,364) (93,880) 824,794
Net Claims expenses 19,168 25,878 (344,899) (124,325) 21,169 (226,017) (909,478) (47,384)
Underwriting expenses: - - (58,779) 139,616 110,277 43,301 (72,711) (282,357) 57,884 777,410
Acquisition cost 21,496 (14,048) (33,063) (508,374)
Maintenance cost 19,168 (20,472) (205,283) (51,661) (851,594) 381,412
Total underwriting expenses (12,140) (9,933) (95,204) (37,831) (42,832) (11,092) 217,742
Total Expenses (1,542) (5,539) (61,907) (39,140) (32,440) (94,493) (57,263) (291,849) 599,154
Underwriting profit (2,233) (30,405) (36,272) (134,344) (70,271) (167,204) (68,355) (225,652) 1,376,564
(3,775) (17,679) (89,184) (98,179) (148,392) (103,334) 648,708 (576,729) (517,501) 1,143,020
15,393 3,817 181,958 (303,462) 631,201 409,696 935,288 (1,369,095)
(2,717) 556,131
54,350 676,425

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Financial Statements, 31 December 2016

OTHER NATIONAL DISCLOSURE STATEMENT OF VALUE ADDED

Group % Group % Company % Company
2016 2015 2016 %
Premium, Investment and Other Income N'000 N'000
N'000 3,319,290
Premiums,Commissions, Claims paid and 4,747,713 2,763,562
Other operational cost 6,080,851 (1,761,212)
1,558,078 100
Value (absorbed)/ Added (5,292,150) (4,300,179) (3,046,642)
(544,437) 100 (283,080)
DISTRIBUTED AS FOLLOWS: 1,780,672 100 100

EMPLOYEES 456,093 (84) 472,501 27 424,736 (150) 358,288 23
Staff costs
189,904 (35) 286,350 16 185,898 (66) 263,349 17
PROVIDERS OF FUNDS
Finance charges -- -- -

GOVERNMENT 151,235 (28) 134,340 8 145,681 (51) 126,203 8
Taxation including information technology
development levy (1,341,669) 246 887,481 50 (1,039,395) 367 810,238 52
(544,437) 100 (283,080) 100
ASSET REPLACEMENT 1,780,672 100 1,558,078 100
Depreciation & amortisation

CONTRACTION/EXPANSION -
Shareholder's interest

(Loss)/profit for the year after taxation

VALUE ADDED

The value added statement represents the distribution of the wealth created by the Company through the
use of its assets and the efforts of the employees.

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Financial Statements, 31 December 2016

OTHER NATIONAL DISCLOSURE
TWO YEAR FINANCIAL SUMMARY
STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER

Group 2016 2015
N'000 N'000
ASSETS EMPLOYED 485,013 734,315
Cash and cash equivalents 770,750 1,134,118
Financial assets 955,467 1,032,984
Reinsurance assets 16,340 49,994
Trade Receivables 44,294 65,074
Other receivables and Prepayment 117,910 131,238
Deferred acqusition costs - 1,890,433
Non-Current Asset Held for sale - -
Investment in Associate Companies 3,824,589 3,304,563
Investment Property 13,480 11,757
Intangible Assets 6,257,177 2,897,893
Property, plants and equipments 535,000 535,000
Statutory Deposit 13,020,020 11,787,369

LIABILITIES 8,368,097 7,190,571
NET ASSETS
4,651,924 4,596,798
SHAREHOLDERS' EQUITY
Share Capital 5,996,587 5,996,587
Share Premium 7,667,475 7,667,475
Contingency Reserves 1,505,600 1,411,579
Other reserves 3,076,501 1,679,707
Retained earning (13,870,648) (12,552,146)

TOTAL EQUITY ATTRIBUTABLE TO OWNERS OF THE PARENT 4,375,515 4,203,202
276,408 393,596
NON CONTROLLING INTEREST
13,020,020 11,787,369
TOTAL LIABILITY AND SHAREHOLDERS' EQUITY

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Financial Statements, 31 December 2016 2016 2015
N'000 N'000
OTHER NATIONAL DISCLOSURE 4,340,422 5,426,185
TWO YEAR FINANCIAL SUMMARY (692,015) (853,396)
STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME 3,648,407 4,572,789
118,816 341,341
Group 3,767,223 4,914,130
(3,495,376) (3,680,132)
Gross premium income 271,847 1,233,998
Reinsurance premium expenses 288,475 313,325
Net premium Income (158,374) (103,340)
Commission earned on reinsurance (1,515,825) (1,484,138)
Underwriting income (189,904) (286,350)
Total underwriting expenses 858,611
Underwriting result - (18,317)
Investment income (45,860) 394,000
Loss on investment contract liability 520,026 153,765
Management expenses (125,000)
Finance charges - (117,514)
Writeback - 819,040
Unrealised Fair value losses (385,289) 68,441
(1,214,904)
Fair value gain on investment properties (126,765) 887,481

Gain on disposal of assets (1,341,669) 501,583
Loss on disposal of investment property (436,930)
Foreign exchange loss on loan 1,460,400
(Loss)/profit before taxation (63,606) 64,653
Income tax
1,396,794 952,134
Loss for the year 6.83
Other comprehensive income/(loss) 55,125
Revaluation surplus on building (10.13)
Fair value loss on quoted shares(Available for sale) net of tax

Total comprehensive income

Total comprehensive income for the year
(Loss)/profit per share: Basic/Diluted (Kobo)

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FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER, 2016

OTHER NATIONAL DISCLOSURE
FIVE YEAR FINANCIAL SUMMARY
STATEMENT OF FINANCIAL POSITION

Company 2016 2015 2014 2013 2012
N'000 N'000 N'000 N'000 N'000
ASSETS EMPLOYED 347,097 147,234 701,236 230,396 316,589
Cash and cash equivalents 590,638 1,048,493 1,837,131 3,017,908 1,963,821
Financial assets 475,048 492,673 607,664 241,092 641,965
Reinsurance assets 16,340 49,994 32,646 642,257
Trade Receivables 22,510 28,117 32,469 7,673 563,752
Other receivables and Prepayment 86,885 108,199 96,442 98,513 140,728
Deferred acqusition costs 1,890,433 420,840 1,435,000
Non-Current Asset Held for sale - 406,728 - 1,123,290
Investment in Associate Companies 277,673 1,150,000 317,604 -
Investment Property 1,300,000 1,415,000 1,081,612 -
Intangible Assets 8,241 1,435,000 18,937
Property, plants and equipments 7,230 2,770,510 7,686 1,750,734
Statutory Deposit 6,178,413 2,222,606 11,544 335,000
335,000 1,909,303 8,932,073
LIABILITIES 335,000 8,435,622 335,000
NET ASSETS 9,636,834 7,605,484 335,000 4,059,225
4,203,421 8,788,881
SHAREHOLDERS' EQUITY 5,288,054 4,303,905 4,872,848
Share Capital 4,232,201 4,011,311
4,348,780 3,301,579
Share Premium 4,777,570
Treasury shares
Contingency Reserves 5,996,587 5,996,587 5,996,587 5,996,587 5,996,587
Other reserves - - -
Retained earning 7,667,475 7,667,475
- - 7,667,475 15,852,049 15,852,049
TOTAL SHAREHOLDERS' EQUITY - (8,737,585) (8,737,585)
1,461,315 1,386,196
TOTAL LIABILITY AND SHAREHOLDERS' EQUITY 3,076,501 1,735,438 1,243,423 1,113,425 999,663
(13,853,338) (12,553,495) 1,615,054 1,447,511 896,009
4,348,540 4,232,201 (13,220,960) (10,894,417) (10,133,875)

9,636,594 8,435,622 3,301,579 4,777,570 4,872,848

7,605,484 8,788,881 8,932,073

2016 Standard Alliance Insurance Plc
and Its Subsidiary Company
ANNUAL
REPORT

PAGE

131

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER, 2016

STATEMENT OF PROFIT OR LOSS AND OTHER

COMPREHENSIVE INCOME 2016 2015 2014 2013 2012
Company N'000 N'000 N'000 N'000 N'000
2,503,967 3,070,114 4,338,679 3,779,634 5,381,232
Gross premium income (495,787) (602,574) (475,015) (683,715) (480,958)
Reinsurance premium expenses 2,008,180 2,467,540 3,095,919 4,900,274 4,160,339
Net premium Income 37,340 52,044 103,078 33,799 90,967
Commission earned on reinsurance 2,045,520 2,519,584 3,129,718 4,991,241 4,253,065
Underwriting income (1,369,095) (1,376,564) (2,536,055) (2,124,355) (2,430,346)
Total underwriting expenses 676,425 1,143,020 1,005,363 2,560,895 2,701,057
Underwriting result 222,255 197,132 239,631 335,212 208,069
Investment income (1,426,478) (1,323,958) (1,795,804) (1,497,228) (1,386,984)
Management expenses
- - - - -
Impairment charges on premium receivable (185,898) (263,349) (48,483) (137,084) (190,144)
Finance charges (1,145,650) (297,351) (358,959)
Writeback/(impairment charges) - 945,216 (726,422) (239,741)
Share of (loss)/profit on Subsidiary Company (129,055) 55,627 (52,575) 75,637
Unrealised Fair value gain/(losses) 48,928 41,093 10,715
Fair value loss on financial assets 150,000 - - -
Gain on disposal of assets (42,230) 28,765 - - -
Foreign exchange loss on loan - - -
Information Technology Development levy - (117,514) - - -
(Loss)/profit before taxation (385,289) - (789,736) -
Income tax (86,505) 919,229 99,036
Deferred tax - 713,867 (11,524-) (64,879) (120,192)
(1,120,270) 96,371 (880,942) (26,327-) (17,855-)
Loss for the year -- 781,182 6,823
Other comprehensive income/(loss) (104,214) 411,117
Revaluation surplus on building -- 810,238 - -
Fair value gain on quoted shares (Available for sale) (243,574)
net of tax (1,224,484) 557,314 641,102 641,102 772,328
Total comprehensive income 772,328 14,586
1,460,400 (436,930) (239,840)
Total comprehensive income/(loss) for the year 120,384 (18.31) 1,553,510 21,409
(63,606) (7.35) (17)
(Loss)/profit per share: Basic/Diluted (Kobo) 1,396,794 930,622
6.76
172,310
(8.67)

2016 Standard Alliance Insurance Plc
and Its Subsidiary Company
ANNUAL
REPORT

PAGE

132

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER, 2016

DETERMINATION OF SOLVENCY MARGIN

The solvency margin for the Company as at 31 December 2016 is as follows:

Assets Note 2016 Inadmissible 2015
N'000 127,027 N'000
Cash and cash equivalents 6 Admissible
Financial assets: 220,070 347,097
Fair value through profit or loss 7.1
Loans and receivables 7.2 14,903 3,743 18,365
Available for sale investment 7.3 4,323 12,629
Held to maturity financial assets 7.4 7,230 433,948
Reinsurance assets 8 342,674 138,000 583,551
Trade receivables 9 228,738 492,673
Other receivables (excluding prepayments) 10 475,048 49,994
Deferred acquisition cost 11 16,114
Non-current asset held for sale 13 16,340 108,199
Investment properties 14 18,767 1,890,433
Investment in subsidiary 12.1 86,885 1,150,000
Intangible assets 406,728
Property, plant and equipment 16 -
Statutory deposit 17 1,300,000 2,770,510
335,000
Admissible liabilities 22 277,673
Finance liabilities 20 8,615,241
Trade payables 21 6,178,413
Other payables 24 335,000
Current income tax liabilities 18
Insurance contract liabilities 23 9,498,834
Finance lease obligation
Deferred tax liabilities 1,269,650 563,191 795,918
15,632 563,191 75,986

757,737 516,749
171,316 170,561
2,443,530 2,226,847
111,800
66,998
- -

4,724,863 3,897,861

Excess of admissible assets over admissible liabilities 4,773,971 4,717,380
The higher of 15% of net premium and minimum paid up capital 3,000,000 3,000,000
Surplus in solvency margin 1,773,971 1,717,380
Solvency ratio
0.59 0.57

2016 Standard Alliance Insurance Plc
and Its Subsidiary Company
ANNUAL
REPORT

PAGE

133

Borno

Kaduna

Kwara Abuja

Oyo

Ekiti Edo
Osun
Ogun

Ondo

Lagos

Delta Imo
Rivers Akwa Ibom

Unclaimed Dividend PAGE

AS AT 31ST DEC. 2016 134

Payment 1 72. EJIOFOR CHIOMA EBERE 143. OKONKWO CHIDI S. OKONKWO
73. EKUNDAYO OLUBUNMI DESOLA 144. OKONTA PAUL EJIME
1. ABORISADE BABATOPE EBENEZER 74. ELOYE OJO MONAEKHIS 145. OLAWOYE IFEOLUWA MOBOLAJI
2. ACHUNINE CHIDEBE 75. ENUJIOFOR NKIRUKA HOPE 146. OLOGAN OLUMIDE JOSEPH
3. ADEBESIN KEHINDE B. 76. ERUKU EBENEZER MAROMIPIN 147. OLOLA MULIKAT AWERO
4. ADEDOKUN GBENGA HGRMW 77. ESUE ABAYELI IVUEDOYA 148. OLORUNDAMISI OLANIKE GRACE OLAPEJU
5. ADEGBINDIN SIKIRU AKIN 78. EZEMGBE SYLVANUS CHUKWUMA 149. OLORUNDARE KEHINDE JOSEPH (ACA)
6. ADEGBOYE DEBORAH ABOSEDE 79. EZEOBI NWANKWO CHRISTOPHER 150. OLOWU CLARA OLANREWAJU
7. ADEKOYA SHAKIRUDEEN O. ABOLORE 80. FADARE ADEJUMO ADIO 151. OLUPAYIMO MICHAEL KAYODE
8. ADELABU ADETAYO 81. FAMOROTI BANKOLE OLUWATOYIN 152. OLUSANYA ABIODUN ADEWALE
9. ADENIJI ADENIKE OLAYEMI 82. FATOKE OLUKAYODE OLUSEGUN 153. OLUSANYA OLUDAMILOLA OLUKEMI
10. ADENIYI ABOSEDE 83. FAZING ZINGKUN ZINGKUN 154. OLUWO GANIYAT ADEBUKOLA
11. ADENUGA G.S. MICHAEL OLUMUYIWA 84. IBIROGBA ADEBOLA BABS 155. OMITOGUN AKINYEMI OLATUNDE
12. ADEOLA MUASIBAU ADEJARE 85. IDJAI MONDAY 156. OMOKOREDE ADESHOLA ABOSEDE E
13. ADEOYE OLUMIDE SAMUEL 86. IKEH OLUCHI M 157. OMOKOREDE BOLANIRAN CYRIL
14. ADEPOJU KAZEEM 87. ISA LADU ADEJO 158. OMOLE MUYIWA
15. ADEWUSI EBENEZER ADEKUNLE 88. IYEVHE LAZARUS ASEGIEMHE 159. OMOLE OLUWATOSIN AFOLABI
16. ADIGWE OGOM IRENE 89. JAIYEOLA ADEWUNMI ABIODUN 160. OMOLUA ESIEMA DIANA
17. ADIGWU ANDREW IKEMEFUNA 90. JOSEPH ADEBAYO 161. OMU ABRAHAM
18. ADISIANYA UCHENNA KANAYOCHUKWU 91. KABIRU YUSUF ZAINAB MARYAM FATI 162. ONADIPE SERIAN ERERE
19. AFOLABI BUKOLA 92. KADIRI RAFIU 163. ONYEOCHA CHARLES NNODIM
20. AFOLABI OLAWALE AJANI 93. KALU OKEH GAIUS & HAPPINESS GAIUS 164. OPOROMO EMMANUEL PERE
21. AGBABIAKA ABIOLA ADELEYE OMOLARA 94. KALU UGO OKEKE 165. OREAGBA ABAYOMI OLUFUNMILAYO
22. AGBABIAKA AYODEJI OLUSOLA 95. KAMFA AUWALU ISHAQ 166. ORIDOTA LANRE ADEBOYE
23. AGBABIAKA IBITAYO OMONIYI 96. KOLEOSO FOLASADE ARINADE 167. OSANEKU LAWRENCE EFOMA
24. AGBABIAKA OLUREMI GRACE OLAWUNMI 97. LAWAL MUTIU OLAKUNLE 168. OSIFESO OLUSEYI OLUKAYODE O.
25. AGEH COSMAS UKPANUKPONG 98. LEWA JACINTA ASHE'NGOM 169. OSINUSI ADEGOKE
26. AJAEBILI IFEANYI JOSEPHAT 99. MADUAGWU DILICHUKWU DAMIAN 170. OTUBU OLUSEYE AKINOLA
27. AJANA OLAJIDE 100. MADUAKO ANTHONY 171. OVIRIH ANDY DAVIDSON
28. AJAYI OLUWAFEMI SAMUEL 101. MAYIKO JOSIAH OWHOBEVUGHE 172. OWARA OJO LAWRENCE OLADIRAN
29. AJILEYE TAIWO JAMES 102. MBAEMEKA C.DEAR JOHN 173. OWOH EMMANUEL EMEKA
30. AJOSE LUKMAN OLABIRAN 103. MBANUGO EMENIKE OLISAEMEKA 174. OYALOWO OLALEKAN OLAWALE
31. AJUDUA STEVE ELUE 104. MEYANBE OLU ADEBISI 175. OYEDOTUN STELLA ADEFUNKE
32. AKANJI YINUSA KAYODE 105. MOKOLO GLORY N. 176. OYELEKE RAFIU BALLE
33. AKINDELE YISA ADEWALE 106. MOMOH BEATRICE MODUPE 177. OYIBO MOHAMMED ADJARHO
34. AKINOSO TAIWO 107. NDUBISI CHIDI NDUBISI O. 178. OZEMWONGIE JOSHUA M. OSARUMWENSE
35. ALABI AYOBAMI ADEDAPO 108. NKAK ARIT UDOFA 179. RAJI FATAI ADEBAYO
36. ALABI MICHAEL OLASUNKANMI 109. NKEMDILIM IKECHUKWU FRANCIS 180. SABITU ADEYEMI ISHAQ
37. ALADE ISREAL OLABODE 110. NNADI FREDRICA AMAKA 181. SALAWU OLAYEMISI SERIFAT
38. ALAFIATAYO LADE YEMISI 111. NNAEBUE CHUKA EMMANUEL 182. SANGOSANYA TAOFEEK ADEYEMI
39. ALEX OLATUNDE RAPHAEL 112. NNAH SOLOMON KELECHI 183. SANI LAWAN AMINA MUHAMMED YUSUF
40. ALI EMMANUEL OCHEIDO 113. NWADIKE PIUS EZIEFULA 184. SHOFUYI OLUWASEUN SAMUEL
41. ALUMA JOHN ALUMA 114. NWAUWA DIVINE-WILL AKUJUOBI C. 185. SHUAIBU ABUBAKAR
42. ANARAH FLORENCE OGOCHUKWU 115. NWOKE OGUWUIKE DAMIAN 186. SIDI ALI RABI
43. ANARE PAUL GIDEON 116. NWOKE SOLOMON OBINNA 187. SOFILE AFOLASHADE OLUWAFUNMILAYO
44. ANIEROBI FELICIA ABOSEDE 117. NXUMALO OSAMEDE ANNE 188. SOLIU LUQMAN M.
45. ARHAVWARIEN JONES 118. OBAFAIYE CLEMENT OLUWATOSIN 189. SONEYE ABAYOMI ADEBOLA
46. ASAKPA JAMES 119. OBIANONWO BASIL UGOCHUKWU 190. TIAMIYU EMMANUEL BAMIDELE
47. ASHIRU SHAKIRAT BOLANLE 120. OBITOLU GEORGINA UKAMAKA 191. TOM-GEORGE DAREGO
48. AYANKOYA ELIZABETH BOLANLE 121. OCHIAGHA LIVINUS 192. UDOFIA ANIEKAN EFFIONG
49. AYEGBA ABDUL 122. ODERO NYIMBI 193. UGBECHIE FRANCA CHIKA
50. AYODELE ADEFUNKE OLUYEMISI 123. OFOEDU IJEOMA JOY 194. UMEADI ANDY UDEM
51. AYODELE JOHNSON 124. OGA MOSES OGO 195. WANIYO UMARU TUMBA
52. AYODELE OLUFEMI ADEYEMI 125. OGBONNA AGATHA AKUWUEZIUKA 196. WILLIAMS AFUSAT ADEOLA
53. BAIYEWU OLUFEYIKEMI 126. OGBONNA NDIDI S. 197. YAHAYA MUHAMMED IMAM
54. BAKARE MURITALA ADEGBOYEGA 127. OGBONNAYA EMMANUEL 198. YUNUSA UBA
55. BAMIDELE MICHEAL MABINUOLA 128. OGHALI SUNDAY 199. YUSSUF AYINDE RAFIU
56. BAMIDELE OLAGOKE 129. OGUGUA MBADIWE EDMUND 200. YUSUF BAKIN RUWA MUSA MOHAMMED
57. BEN-NWAKANMA NGOZI AMANDA 130. OGUNWALE REGINA ADEDOYIN
58. BOKINNI SIRAJ KOLAWOLE 131. OGUNYINKA BABATUNDE MICHEAL Standard Alliance Insurance Plc
59. BOLARINWA FUNMI 132. OJEDOYIN TIMOTHY OLADAPO and Its Subsidiary Company
60. DADA ABIOLA OYERONKE 133. OJEWUSI AYOOLA AYOBAMI
61. DADA OLUFEMI ADETOLA 134. OKACHE CHRISTOPHER ODEY
62. DADA SAMSON OLUGBEMIGA 135. OKAFOR JOHN
63. DANBALA MAGAJI 136. OKE ADEKUNLE OLAYINKA
64. DARE ADEBOLA J. 137. OKEKE OBINNA MICHAEL
65. DAUDU ALFRED TAIYE 138. OKEREKE AKUNNA GEOEVIVE
66. DIORU ARUBICA ROWLAND 139. OKEWOLE DOYIN
67. EBOJIE KENNEDY 140. OKHIRIA GBENGA LUCKY
68. EDE MOSES NWEKE 141. OKOH HYCENT
69. EFFIONG ANIEKAN ETTE 142. OKOLIGWE JUDE IKECHUKWU
70. EFUNNUGA ADEMOLA ADEWALE
71. EGWUATU THERESA NWANYIBUTE

2016

ANNUAL
REPORT

PAGE

135

Unclaimed Dividend

AS AT 31ST DEC. 2016

Payment 2 Payment 3 76 ABDULSALAM ODO
77 ABDULWAHAB OGUNUGAFOR
1. ADETOLA OLUSEYI OBABUNMI 1 AAKO JOHN TAIWO 78 ABDULWAHAM MAKINWA
2. ADUBIFA ABIMBOLA 2 AALIYA EMEKA 79 ABIMBOLA HELEN
3. AFFI MICHAEL SABO 3 ABABA TIMINIPERE 80 ABIMBOLA JIBOLA
4. AGBAGA ANDREW OGHENEOVO 4 ABAJA HENRY IFEANYI 81 ABIMBOLA JIBRIL
5. AGWERE CHRISTOPHER AJIRI 5 ABAJUE VERONICA CHIKA 82 ABIMBOLA KARDAL
6. AKINJAYEJU IGBEKELE FESTUS.TOLA 6 ABAKUN SAMUEL OLUWADEMILADE 83 ABIMBOLA LUFADEJU
7. AKINYEMI EMMANUEL OLARENWAJU 7 ABAKUN SARAH OLUWAFUNMILADE 84 ABIMBOLA TAWOJU
8. AKOSILE JOHN OLAWALE 8 ABALO OLUWATOSIN OLAOLU 85 ABIMBOLA TEMITAYO ADENIKE
9. AKPOMIE MATTHEW 9 ABAM DAVID EYONG 86 ABIMBOLA YAZID
10. ALEGIEUNO JESSE 10 ABANE JOHN 87 ABIODUN CHRISTY
11. ALIYU SIKY ADEWALE 11 ABANEKE KINGSLEY 88 ABIODUN ELABOR
12. AMEH BENARD 12 ABANG ABUO SAM 89 ABIODUN FAVOUR
13. AREKE KUNLE 13 ABANG OKON WILSON 90 ABIODUN FRANCIS
14. ASIWAJU REMILEKUN OMOWUNMI 14 ABANG YUSUFU 91 ABIODUN HENRY OLAWALE
15. BAMIDELE OLUWAFUNMILOLA ADEBOWALE 15 ABANI SHARON AMARACHI 92 ABIODUN IBRAHIM
16. EMBASSY PHARM & CHEM LTD 16 ABANIWU LAURA IFE 93 ABIODUN ISAAC
17. ESONANJOR MATHEW 17 ABANUM GRACE ASHINEDU 94 ABIODUN MARGARET OLUREMI
18. EZE CHIDIMMA 18 ABARATA BUKAR 95 ABIODUN RASHIDAT ADENIKE
19. FIRST INLAND BANK/DE-LORDS SEC.-TRADING 19 ABARI SIMIDELE 96 ABIOLA AJOKPAGHENE
20. GEORGE GRACE ALAERE 20 ABASI-AKAMA GLORIA HARVEST 97 ABIOLA FLORIAN
21. ILESANMI AFOLABI 21 ABASS ADETOBA 98 ABIOLA JAMES
22. IMOH ANITA INYANG 22 ABASS OLOMISOLA 99 ABIOLA KANAYOCHUKU
23. ISA LADU ADEJO 23 ABASS SEUN AZEEZ 100 ABIOLA OBINWANNE
24. K.C.OGBONNAYA VENTURES NIGERIA LIMITED 24 ABATAN AYODELE 101 ABIOLA OLUFEMI
25. KANO STATE PENSION FUND TRUSTEES 25 ABATI FELIXMORE 102 ABIOLA UGWUZOR
26. KURA VICTORIA ISTY 26 ABATI ISIAKA 103 ABIOLA UNWAM
27. MADU FIDELIS UCHE 27 ABATU IZEDONMWEN 104 ABIOSE KALEJAIYE
28. MAYIKO JOSIAH OWHOBEVUGHE 28 ABAYE GOWON PIUS 105 ABIOYE JEGO
29. MBAMAH LOUIS CHINEDU 29 ABAYOMI ANOSIKE 106 ABIOYE OLAJUMOKE JANE
30. NDARAKU CHESTER CHUKWUEMEKA 30 ABAYOMI BABAYEMI 107 ABIOYE PETER MOLOYEOLA
31. NNAMANI KELVIN IKENNA NNAJIOFOR 31 ABAYOMI CHINEDUM 108 ABIOYE RASHEED OYEKOLA
32. NWOSU EMEKA FIDELIS 32 ABAYOMI OLUFEMI 109 ABIR IBUKUNOLA
33. ODUSANYA SAKIRU OLUWASEUN 33 ABAYOMI OLUSOLA 110 ABIR KIDEN
34. OGBODO MATTHEW 34 ABAYOMI SHADE 111 ABIR OGUNLANA
35. OGUNSANYA STEPHEN BABAJIDE 35 ABAZU AYOMIDE 112 ABIRI JOE JIRHEVWE
36. OJEI UDOKA ALEX 36 ABBA JOHNSON 113 ABIRI SOMOLU
37. OKORONKWO MONDAY UCHENNA 37 ABBAH FRANCO 114 ABISO IDEMUDIA
38. OLUWA DURO 38 ABBAS KEISHA 115 ABISOLA ADEWALE
39. ONATE SAMUEL 39 ABBAS MADUNEME 116 ABISOLA OSEGHALE
40. OPARA COLLINS 40 ABBAS PHYDELIA 117 ABISOYE BOLORUNDURO
41. OPHIOHONREN EMMANUEL PHIEKPAMARE 41 ABBAS UGO 118 ABIWO POPOOLA LEWIS
42. OVBUDE OGODINMA LIZZIE 42 ABBEY ABBEY JAMES 119 ABIYE EMMANUEL
43. QUANTUM ARBITAGE LIMITED 43 ABBEY ABBEY JAMES B. 120 ABIYE EMMANUEL F.
44. UZOMA NADOZIEM OLIVER (SQN LDR RTD) 44 ABBEY JAMES NNAOMA 121 ABODE BOLAJI SANI
45 ABBEY JAMES NNAOMA J. 122 ABODERIN ADEYEMI
46 ABDEL GIGGS 123 ABODUNRIN SAMSON
47 ABDEL KEON 124 ABODUNRIN SANNI BALOGUN
48 ABDU ADEWALE 125 ABOH MUYIWA
49 ABDU PAT LEMMY 126 ABOH TAIWO MONDAY
50 ABDUL ADAMU 127 ABOLAJI ABOLANLE SHOTUYO KAFAYAT
51 ABDUL ADESOLA 128 ABOLANLE OKENIYI
52 ABDUL ADEYEMI 129 ABOLARIN DEINDE
53 ABDUL EJAH 130 ABOLARIN RAPHAEL ROTIMI
54 ABDUL FATAI MUFTAU 131 ABOLORE ABUBAKAR
55 ABDUL HAMEED HASSAN LAWAL 132 ABOLRIN SIMON ROTIMI
56 ABDUL JOHN ABDUL 133 ABOLUWODI BUKUNMI
57 ABDUL KEISHA 134 ABONU Simonpeter
58 ABDULAKEEM AMODU 135 ABOOTU CANNICE
59 ABDULATEEF KAYODE 136 ABORISADE OZOEKWE
60 ABDULAZEEZ S. AYODELE 137 ABORO DARE
61 ABDULFATAI FATIMAH OMOLASO 138 ABOSEDE OKECHUKWU
62 ABDULHAMEED HASSAN LAWAL I. 139 ABOSEDE OLATERU
63 ABDULLAH KESIA 140 ABRAHAM ADEMOLA
64 ABDULLAH UZO 141 ABRAHAM CHIDI
65 ABDULLAHI ALADEJEBI 142 ABRAHAM KOLAWOLE OMOTAYO TOLUWANIMI
66 ABDULLAHI BELLO 143 ABRAHAM OLI
67 ABDULLAHI DAVID 144 ABSALOM LATEEFAH
68 ABDULLAHI EZIEBO 145 ABSALOM OTEDOLA
69 ABDULLAHI OLUWAYEMISI 146 ABU KURFI
70 ABDULLAHI PEACE 147 ABU MARYJANE
71 ABDULRAHIM OLADELE 148 ABU OLUWOLE
72 ABDULRAHMAN IBRAHIM ALFA 149 ABU OLUWOLE OLATUNDE
73 ABDULRAHMAN OZOYAH ISIAQ 150 ABU REKHIA
74 ABDULRASAQ FOLARIN 151 ABUAH BURAIMOH
75 ABDULSALAM KABIR OLAIDE 152 ABUBAKAR BAZAK AYODELE

2016 Standard Alliance Insurance Plc
and Its Subsidiary Company
ANNUAL
REPORT

Unclaimed Dividend PAGE

Payment 3 227 ADEBAYO OMOBOLAJI SHERIFF 136
228 ADEBAYO OSIO
153 ABUBAKAR DANAMARY 229 ADEBERO BOLUWATIFE ESTHER 304 ADEKUNLE CEMAL JUMAI
154 ABUBAKAR DEGGE 230 ADEBIAYE AYISAT YETUNDE 305 ADEKUNLE GABRIEL
155 ABUBAKAR MUSA 231 ADEBIMPE KADIR 306 ADEKUNLE MOROUNMUBO TEMITOPE
156 ABUBAKAR SALISU 232 ADEBIMPE LATEEF 307 ADEKUNLE OLUDAYO ADEDOKUN
157 ABUBAKAR YAHAYA GARBA 233 ADEBISI CALA 308 ADEKUNLE OLUWASEYI OLUKEMI
158 ABUDU OKOTIE 234 ADEBISI OLUFUNMILAYO 309 ADEKUNLE TUNRAYO LIZZY
159 ABUDU OSHODI 235 ADEBISI RUTH 310 ADELAGUN OLAJUWON
160 ABUDULSALAM AAUWA AYINKE 236 ADEBISI TITILAYO O. 311 ADELAKUN FATOYINBO
161 ABUI BURHAN 237 ADEBIYI AYODEJI MUHAMMED 312 ADELANI OLUWADAMILOLA MARIAH
162 ABULE DANJUMA 238 ADEBIYI SARAH OLAJUMOKE 313 ADELEKAN ADESHINA BABATUNDE
163 ABULUDE AYOKUNLE 239 ADEBOLA OPENIYI 314 ADELEKE ADEDEJI OLAREWAJU
164 ABUYA JULIET 240 ADEBOLA SOBOWALE 315 ADELEKE ADEJOKE OLUWAFI KUNAYOMI
165 ACHI EZEH HENRY 241 ADEBOWALE ADEBAYO 316 ADELEKE ADERONKE OLAJUMOKE
166 ACHIEKEH OLANIKE 242 ADEBOWALE WURAOLA NIMOTA 317 ADELEKE ADEWALE THOMAS
167 ACHIKE ONYEMADU 243 ADEBOYE ELIZABETH TOLUWALOPE 318 ADELEKE CHARITY
168 ACHIKE TOBI 244 ADEDAMOLA ADEMOLA 319 ADELEKE DAMILOLA ADEIFE
169 ACHODA BOSE 245 ADEDAPO OLUROPO 320 ADELEKE IYABO ELIZABETH
170 ACHODAS BOSE E. 246 ADEDAYO OLADOTUN 321 ADELEKE JULIUS ADE
171 ACHODAS WAHAB 247 ADEDEJI DOHERTY 322 ADELEKE OLUWAFUNTO BOLU
172 ACHONU THEODARA 248 ADEDEJI FEMI LATEEF 323 ADELEKE PEREIRA
173 ACHONU UMAR 249 ADEDIJI EBENEZER OLUMIDE 324 ADELEKE SAMUEL ADEDAYO
174 ACHOR BURHAN 250 ADEDIPE KAYODE 325 ADELEKE SULAIMAN ADEREMI
175 ACHUMIE MIRACLE CHIDERA 251 ADEDIPE KENNEDY 326 ADELEKE TOLULOPE ADEDAMOLA
176 ACHUNINE CHIDEBE 252 ADEDIRAN ADEFEMI SAMSON 327 ADELEYE ABIMBOLA ABIOLA
177 ACIKEH E. RAPHAEL 253 ADEDIRAN JOSEPHINE 328 ADELOJA CHI
178 ADA OLUJI 254 ADEDIRAN JOSEPHINE J. 329 ADEMILOYE ADEYINKA ADEJOKE
179 ADAGA ABETIANBE AGBA 255 ADEDIRIN FOLUSHO 330 ADEMIROKUN BIDEMI
180 ADAGAZU EMMANUEL OVYER 256 ADEDOYIN ADEDOTUN DAVID 331 ADEMOLA ADIO ADEBAYO
181 ADAGBONIYIN OSARENOMA OSARENOMA 257 ADEDOYIN MOSES BABATUNDE 332 ADEMOLA GLORIA
182 ADAGBONYIN LEONARD 258 ADEDOYIN OLADELE EMMANUEL 333 ADEMOLA NIKE
183 ADALIS EUGENE ADALIS 259 ADEDOYIN SAMUEL OLAYEMI 334 ADEMOLA OJO EMMANUEL
184 ADAMS BURUBOYEFE 260 ADEEKO OLUWAGBOHUNMI 335 ADEMOLA SAKIRU JIMOH ADEMOLA
185 ADAMS BUTA 261 ADEEKO VERONICA ANUOLUWAPO 336 ADEMOSU AHMED OLASUNKANMI
186 ADAMS LATEEF ISHOLA 262 ADEFALU OPEYEMI GRACE 337 ADEMOSU BOLAJI BASHIR
187 ADAMS OLALEKAN 263 ADEFEMI SOLA KAREEM 338 ADEMOSUN SIMBIAT
188 ADAMSON ABIODUN STEPHEN 264 ADEFILA TERRESA ABIBOLA 339 ADEN ANISHANU
189 ADAMU ABATI 265 ADEFUNMI OSU 340 ADEN IKE
190 ADAMU ALFARMA 266 ADEGBESAN FEYINTOLA 341 ADEN LAHANA
191 ADAMU EGUONO THOMAS 267 ADEGBINDIN ADENIYI 342 ADENAIKE KEHINDE
192 ADAMU EJIROGHENE MOSES 268 ADEGBITE ANTHONY ABIODUN 343 ADENEYE FUNMILOLA ABOSEDE
193 ADAMU ESEOGHENE EMMANUELLA 269 ADEGBITE MATTHEW KAYODE 344 ADENIJI ADENIKE OLAYEMI
194 ADAMU IKE 270 ADEGBITE MUDASIRU ADEREMI 345 ADENIJI SIMON SANMI
195 ADAMU LYDIA IGBEKELEOLUWA 271 ADEGBITE OLUWASEYI OLASUNKANMI 346 ADENIKE CHIBUKE
196 ADAMU MOHAMMED BABANGIDA 272 ADEGBOLA ADEBAYO MICHAEL 347 ADENIYI ADEWALE OREOLUWA
197 ADAMU SULEIMAN 273 ADEGBOLA CANTARA 348 ADENIYI AKIN AKINWOLE
198 ADAMU UFUOMA PATIENCE 274 ADEGBOLA OLUGBENRO 349 ADENIYI AYODEJI SAMUEL
199 ADARA YETUNDE 275 ADEGOJU JOY AYOYINKA 350 ADENIYI SAMSON ADELAGUN
200 ADARE HASSAN 276 ADEGOKE ADEJUMOKE ADERONKE 351 ADENIYI VICTORIA OLUYEMISI
201 ADARE HASSAN E. 277 ADEGOKE ADEMOLA JAMIU 352 ADENIYI WILLIAM
202 ADAUTIN KUNLE BENJAMI F. 278 ADEGOKE ASIMIYU KOLAWOLE 353 ADENUGA BILIKIS
203 ADAUTIN KUNLE BENJAMIN 279 ADEGOKE CARINA 354 ADENUGA OLUFEMI
204 ADAUTIN LAWAL ADAUTIN 280 ADEGOKE DEJI FRANCIS 355 ADENUGA TAIWO STEPHEN BADE
205 ADAUTIN LAWAL ADAUTIN G. 281 ADEGOKE KORU ADE 356 ADENUSI OLUWATOSIN
206 ADAYI HANNAH 282 ADEGUN IYABO 357 ADEOGBA ADEBANJO
207 ADDIE BULUS 283 ADEGUNWA ISIAKA ABIODUN 358 ADEOLA AMOS
208 ADE ADEOLA 284 ADEH CATE 359 ADEOLA AYANFEMI ADEYEMI
209 ADEALA ADESOLA JOLAADE 285 ADEJIMOLA ADEBOLA 360 ADEOLA MUASIBAU ADEJARE
210 ADEARA FUNKE PRINCESS 286 ADEJUGBE TAJUDEEN 361 ADEOSO ADEBOYE
211 ADEBAMBO OLAWALE 287 ADEJUMO CECELIA 362 ADEOSUN & ADEYEMI SOLOMON YETUNDE
212 ADEBAMBO TEMITOPE TITILAYO 288 ADEJUMO JOHN ADELOMO 363 ADEOTI ADEMOLA OLABODE
213 ADEBANJO AFOLASHADE OMODUNMI 289 ADEJUMO KAZEEM 364 ADEOWU ADENIYI WASIU
214 ADEBANJO OLUSEGUN SAMUEL 290 ADEJUMO OJUADE 365 ADEOYE ABEL
215 ADEBAYO ABAYOMI 291 ADEJUMOBI MUNIRUDEEN KEHINDE 366 ADEOYE ABIODUN EYITAYO
216 ADEBAYO ABOLAJI OLUFEMI 292 ADEKANBI SOYEBO 367 ADEOYE ADEKUNLE ISIAKA
217 ADEBAYO ABRAHAM ADEWALE 293 ADEKO AFOLAKE BUSRAT 368 ADEOYE IBUKUN
218 ADEBAYO ADEKUNLE 294 ADEKOLA WALE 369 ADEOYE MICHAEL ADEDEJI
219 ADEBAYO ADENIYI OLUWASEUN 295 ADEKOLEJO ADEWUNMI MOSES 370 ADEOYE OLABISI MOTURAYO
220 ADEBAYO AKANDE 296 ADEKOYA BOSE 371 ADEOYE OLUWASEUN JONATHAN
221 ADEBAYO AKANNI AZEEZ 297 ADEKOYA CELESTINA 372 ADEOYE THOMAS ADEYEMI
222 ADEBAYO BISI FOLAKE (MRS) 298 ADEKOYA FANIKU 373 ADEPOJU ADEDAPO PAUL
223 ADEBAYO BUSUYI 299 ADEKOYA MIKE 374 ADEPOJU ADEWALE ABIMBOLA
224 ADEBAYO EMMANUEL BABAFEMI 300 ADEKOYA SAMSON OPEOLUWA 375 ADEPOJU TAJUDEEN .A.
225 ADEBAYO GBENGA ADEBOLA 301 ADEKUNLE ADETUNJI 376 ADEPOJU TAJUDEEN .A.
226 ADEBAYO HELEN ADEFOLAKE 302 ADEKUNLE ADEYEMI 377 ADEPOJU TAJUDEEN .A.
303 ADEKUNLE CEMAL 378 ADEREMI ADEDAMI OTUN OLUWAPELUMI
2016 379 ADEREMI ADEKEPEMI OLUWAFIYIBOMI
380 ADEREMI ADENIYI
ANNUAL
REPORT Standard Alliance Insurance Plc
and Its Subsidiary Company

PAGE

137

Unclaimed Dividend

381 ADEREMI ADESEKEMI OYAOPEMIPO 458 AGUBE BLESSING GODWIN 535 AKABOGU KENNETH SUNDAY
382 ADEREMI ADEWOJUMI OLUWASEMILORE 459 AGUDA OYEBIMPE OMOLOLA 536 AKABOM MARYJANE
383 ADEREMI NNEKA 460 AGUGHAGWO GABRIEL NWABUEZE 537 AKABOM MARYJANE G.
384 ADEREMI OLANIPEKUN 461 AGULONU AGBOR HELEN 538 AKABUIKE CHICHI (MISS) MARY
385 ADEREMI OLUKEMI OMOTAYO 462 AHUAANYA PRINCEWILL P 539 AKACHUKWU NNAMANI
386 ADERIBIGBE ADETUNJI 463 AHUAZA AISHA 540 AKADIRI ADEDOYIN SADAT
387 ADERIBIGBE MOBOLAJI 464 AIBANGBE FESTUS 541 AKAGBUSI UCHECHUKWU RICHARD
388 ADERIBIGBE OMOLARA FOLUKE 465 AIESHA ALAO 542 AKAKABOTA DANIEL
389 ADERINNALE OLUWATIFE 466 AIFA JUSTIN 543 AKAKABOTA DANIEL M
390 ADERINNALE SOLA 467 AIGBE 544 AKAKPOR MICHAEL
391 ADEROGBA AKEEM KOLAWOLE 468 AIGBINI-JOHN BLESSING 545 AKAKRA ELIZABETH ARUORIWO
392 AFOLABI STELLA MARIS 469 AIGBINI-JOHN BOSEDE 546 AKALI CHINONSO PHIL
393 AFOLARANMI KARIMU-BELLO 470 AIGBIREMONLEM ROSE 547 AKALI HENRY CHINEDU
394 AFONJA AJAO PETER 471 AIGBOKHAEVBO HUMPHERY 548 AKALUMHE ONAGIE
395 AFONJA SIKIRU SEYIN 472 AIN ABIOLA 549 AKAN DATA
396 AFRAMA OLAWOLE 473 AINA ADEBAYO GANIYU 550 AKANBI JAMES
397 AFUAPE JACOB 474 AINA ADEMOLA ADEDAYO 551 AKANBI MODUPEOLA OPEYEMI
398 AFUBE ANSLEM CHUDI 475 AINA DELE 552 AKANDE ABEKE
399 AGADA BLESSING 476 AINA JAMES AJEKIGBE 553 AKANDE ADEFOLAJU SAKIRUDEEN
400 AGADA KOYA TOBI 477 AINA OLUWASESAN EMMANUEL 554 AKANDE ADEKUNLE
401 AGADA PAMELA ONYOIBO 478 AINA RACHEAL TINU 555 AKANDE DANIEL ADURAGEMI
402 AGAHIU MOHAMMED DANLADI 479 AIRAMOEHI OBEHI 556 AKANDE ELIZABETH OLUWASEUN
403 AGBABIAKA ADETOLA AMINAT 480 AIRHUNMWUNDE CHARLES OSAWARU 557 AKANDE ISAAC BOLAJI
404 AGBADE EBIOLADE 481 AISHA CENTURY INVESTMENT LTD 558 AKANDE LEKAN
405 AGBAIAKA OLAOLU GANIAT 482 AISHA ALI ATIM 559 AKANDE OLUWANIFEMI O.
406 AGBAJE SAHEED IDOWU 483 AISHA MOSES 560 AKANDE OLUWANIFEMI O.
407 AGBALAYA AYOMIDE MUIZ 484 AISHATU CHIKEZIE 561 AKANDE PETER OLADIMEJI
408 AGBALU SEBASTAIN IFEANYI AGBALU 485 AISIMI AISHA 562 AKANDE PRISCA MONISOLA
409 AGBAS OSEGBUE 486 AISIMI MUSA YUSUF 563 AKANDE RAPHAEL IDOWU
410 AGBASON VICTOR C. 487 AISUEOGUN DAMISOLA 564 AKANDE SHERIDD OLANIYI
411 AGBATA CHIBUZO 488 AIYEDUN ADEBOWALE F. 565 AKANG ekikere
412 AGBATA CHIDIOGO 489 AIYETAN DAYO ADEKUNLE 566 AKANG EKIKERE T
413 AGBAWN ABDUL ABDULLAHI 490 AIYETAN OLAMIDE BUNMI 567 AKANG UBONG JOHNSON
414 AGBEDE BABAJIDE RASAK 491 AJADI SUNDAY AKINTUNDE 568 AKANI OLUSOLA
415 AGBEHI OGIRI 492 AJAGBA MARTIN CHINWENDU 569 AKANIHU JOHN IFEANYICHUKWU
416 AGBELEMOGE VERONICA 493 AJAGBE MANSUR BATO 570 AKANKE WOSILAT
417 AGBELUSI DEJI 494 AJAGBO DAVID ELLOH 571 AKANNI BABATUNDE
418 AGBENIYI CHRISTIANAH KEHINDE 495 AJAGU ONYEKA RAYMOND 572 AKANNI FATAI
419 AGBIDI JOHN ULEA 496 AJAH CHUKWU BASIL 573 AKANNI ISAAC OLADELE
420 AGBO OKANG 497 AJAKPO JOSEPHIN S 574 AKAOLISA NKECHI JECINTA
421 AGBO OTON JAMES 498 AJAKPO JOSEPHINE 575 AKAOLISA OBINNA PAUL
422 AGBO TITUS 499 AJAL EWUSI 576 AKINMADE T.A
423 AGBOGO SUARA 500 AJALA ATINUKE 577 AKINMADE TOLUWALASE ABIGAEL
424 AGBOGU AMAKA MARY TELLAARE 501 AJALA IBIYEMI 578 AKINMOLAYAN JOHN
425 AGBOGU CHRIS A.C 502 AJALA OYIZA 579 AKINMUYISITAN VINCENT
426 AGBOM MAURICE OGBONNA 503 AJALA VALENTINE 580 AKINOLA DEPO ADELEKE
427 AGBONSUREME AKWUEME 504 AJANI IKATE 581 AKINOLA OLANREWAJU MORUFF
428 AGBONTAN ESTHER 505 AJANI TIOLUWANI 582 AKINOLA OLAPE
429 AGBONTAN GEORGE 506 AJANI WASIU KOLAWOLE 583 AKINOLA OLUWAPELUMI AYOMIDE
430 AGBONTAN ISAIAH 507 AJAO ADEBOLA OLUWATOYIN 584 AKIN-OLUWADARE OLUMIDE
431 AGBONTAN JEREMIAH 508 AJAO BAMIDELE LAWRENCE 585 AKINOSHO AKINLAWON
432 AGBONTAN NAOMI 509 AJAO FOLORUNSHO AAKANJI 586 AKINOSHO DAVID
433 AGBOOLA IDRIS WIKE 510 AJAO OLUWATOBI FOLORUNSHO 587 AKINOSO ASHAMU BABATUNDE
434 AGBOOLA KUNMI SEYI 511 AJAO OLUWATOMI ADEBOLA 588 AKINOSO ASHAMU BABATUNDE
435 AGBOOLA LUKMON OPEYEMI 512 AJAO OLUWATOSIN TEMITOPE 589 AKINPELU ADU MOSES
436 AGBOOLA LUKMON OPEYEMI 513 AJAYI ABIODUN YETUNDE 590 AKINPELU AKINBAMIJI JULIUS
437 AGBOOLA LYDIA OLUBUSAYO 514 AJAYI ABIOLA 591 AKINPELU BAMIDELE DOLAPO
438 AGBOOLA TAIWO TITILOLA 515 AJAYI ADEOLA 592 AKINPELU BAMIDELE DOLAPO
439 AGBOOLA-AKINRODOYE OLUBUKOLA OLASUMBO 516 AJAYI ADEPEJU MATILDA 593 AKINPELU SEUN ROBERT
440 AGBOTAN OSAZI 517 AJAYI AFOLABI OLAMIDE 594 AKINRADEWO TEMILOLUWA OLUWAFIKUNAYOMI
441 AGBULU OWAJIROYEM 518 AJAYI AJOKE 595 AKINREMI ADESHINA ADEBAYO
442 AGGREY AKINMOLAYAN 519 AJAYI ANTHONIA OLAIDE 596 AKINREMI BABS OLUWASANMI
443 AGGREY CHIJIOKE 520 AJISAFE OLUFOLAHAN 597 AKINREMI ESTHER OLUDAYO
444 AGHATOR LUCKY AGHATOR 521 AJISEGIRI OLUBUNMI KATE 598 AKINSANYA ADEBAYO WASIU
445 AGHAULOR NTUABUNAUZOR DONATUS 522 AJOBI ABIOLA 599 AKINSANYA ADEDOLAPO ADEYINKA
446 AGHELEGIN PAUL 523 AJOGI ARUBI 600 AKINSANYA FUNKE
447 AGHO EBIUWA SANDRA 524 AJOGWU EJEH 601 AKINSANYA NOFISAT TEMIDAYO
448 AGHOMONU FESTUS 525 AJOKE AYINLA 602 AKINSANYA TOKE ADIJAT
449 AGINAM CHRISTIANA NGOZI 526 AJOKU OLUCHI NKECHI 603 AKINSANYA WASIU
450 AGINIGHAN DUBAMO 527 AJOLOKO OLATUNDE MATTHEW 604 AKINSANYA WASIU ADEBAYO
451 AGNES OGBU 528 AJOMALE OLAITAN S 605 AKINSUNLOLA AKINNIMI JOSIAH
452 AGOGO BERNICE NKONYE 529 AJOSE MARVEL 606 AKINTOLA OLUFEMI A
453 AGOMOH CHIKA 530 AJUDUA STEVE ELUE 607 AKINTOYE OLUSEGUN OLUWATOBA
454 AGOMOH CHIKA N 531 AJUKWU CHINEDU CHRISTIAN 608 AKINTOYE VICTORIA OMOLARA
455 AGOMOH EMMANUEL NNAMDI 532 AJUONOMA IGNATIUS IKECHUKWU 609 AKINTUNDE BOLAJI AWE
456 AGU IBIYEMI 533 AJUWON SAIDATU 610 AKINTUNDE OJUTIKU
457 AGU MICHAEL IFEANYICHUKWU 534 AKABIKE IME CHRISTIAN 611 AKINTUNDE SAMSON BOLADE

2016 Standard Alliance Insurance Plc
and Its Subsidiary Company
ANNUAL
REPORT

Unclaimed Dividend PAGE

612 AKINTUNDE VICTORIA ALABA 689 ALABI JAMES OLALEYE 138
613 AKINWANDE EBENEZER OLUSEGUN 690 ALABI JIMOH ODETAYO
614 AKINWUNMI ABIODUN OLUWOLE 691 ALABI LADI DEBORAH 766 ALIU AFOLABI
615 AKINYELE BEATRICE FOLUKE 692 ALABI MARIAM ABIDEMI 767 ALIU HUGH ALLI
616 AKINYEMI AKINDELE 693 ALABI MURITALA ALABA 768 ALIU KEHINDE OLANREWAJU
617 AKINYEMI BABATUNDE SAMUEL 694 ALABI NOAMI 769 ALIU KEHINDE OLANREWAJU
618 AKINYEMI MABOGUNJE 695 ALABI ONAOLAPO RAFIU 770 ALIYA DAVID
619 AKINYEMI OLAIDE FATIMA 696 ALABI SUNDAY 771 ALIYU GOTE
620 AKINYEMI OLAYINKA AMINAT 697 ALABI TAJUDEEN 772 ALIYU MAIMUNA ISMAIL
621 AKINYEMI OLUWADAMILOLA OLAMIDE 698 ALACHEWE DANIEL 773 ALIYU MURITALA
622 AKINYOSOYE TENIOLA 699 ALACK ANNA 774 ALIYU OLATUNJI ABDULWASIU
623 AKIODE EMMANUEL 700 ALADDIN MANSA 775 ALIYU ROBERT
624 AKIOTU OLU EVELYN 701 ALADDIN MARTINS 776 ALIYU ROBERT Y.
625 AKIOYA MAC-DAVE 702 ALADE ALAO 777 ALLAN CHINAKA
626 AKODU OLUWAKEMI 703 ALADE CHIMASON 778 ALLEN ANDIO
627 AKOGU AYEGBA 704 ALADE DORCAS OLUWAFUNKE 779 ALLEY ANDIO
628 AKOGUN FATAI OLUWATAYO RICHARD 705 ALADE OLAYEMI BEATRICE 780 ALLI NJOMU
629 AKOGWU TAYI ELIZABETH 706 ALADE OYEDELE MATTHEW 781 ALLI RASHEEDAT OMOLARA
630 AKOMU VICTOR 707 ALADHE DANIEL MELO 782 ALLINSON BAYO
631 AKONGWALE SABASTINE 708 ALAEKWE DESMOND OKEZIE 783 ALLIU ADETOLA RAFIU
632 AKOR EDWIN ABAH 709 ALAETO CHIZOBA 784 ALMA HASSAN
633 AKOR GABRIEL 710 ALAGI JOYCE 785 ALMIRA JOHN
634 AKOSILE JOHN OLAWALE 711 ALAGWU CALISTUS EMEKA 786 ALMUSTAPHA GODWIN
635 AKOT VENTURES LTD 712 ALAKA OMOTOLA 787 ALO FOLUSO
636 AKOWE LAWRENCE ABIMAJE 713 ALAMU ATILADE JAMES 788 ALOFIN OKELOLA
637 AKOWONJO ADEFEMI OLAYINKA 714 ALAMU OLAWUNMI 789 ALOH CHARLES
638 AKPA OMENKA 715 ALAO AYOTUNDE YETUNDE 790 ALOY AUGUSTINE
639 AKPAM MANDISA 716 ALAO DELE DAVID 791 ALOY CONSTATINA
640 AKPAM MARGARET 717 ALAO EZEKIEL OYENIYI 792 ALOY FAMOUS
641 AKPAN EMMANUEL 718 ALAO JALIL 793 ALOY UCHENNA
642 AKPAN ESTHER UDUAK 719 ALAO JULIANA 794 ALOZIE CHINEDU
643 AKPAN ETOP ANDY 720 ALAO RHODA 795 AMADI EMINA ISRAEL
644 AKPAN IDORENYIN CHRISTOPHER 721 ALASOADURA ADETAYO 796 AMADI PROMISE AHAMUEFULE
645 AKPAN PETER AKPAN 722 ALASOADURA OYINLADE OLUWABUSUYI 797 AMAH BENEDICT UCHENNA
646 AKPAN TADE 723 ALATISHE KUNLE SUNDAY 798 AMAKA EBIMOT
647 AKPAN UFOT JACOB 724 ALATISHE KUNLE SUNMADE 799 AMAKARA HARITH
648 AKPAN UMOH ROSELYN 725 ALAUSA FUNMILAYO OBE 800 AMAKARA IBEAMAKA
649 AKPANNAH UDONSAK EMMAN 726 ALAWODE SADIKU 801 AMAKIRI CLEMENT EZE
650 AKPANNAH UDONSAK EMMAN Z 727 ALAWODE SADIKU C 802 AMAKIRI NYEGIALA TONYE
651 AKPANWA ROBINSON 728 ALAWONDE OLADIWURA DEBORAH 803 AMAL FARID
652 AKPANWA ROBINSON Y 729 ALAWONDE OLASUBOMI ISREAL 804 AMAL NARKEASHA
653 AKPASI OBRUCHE ABRAHAM 730 ALBALTRADE LTD 805 AMALA FAROOK
654 AKPATA JOHN EDEMA 731 ALBERT ADEYEMI 806 AMALA MICHEAL
655 AKPAWUSI NGOZI EVANGELINE 732 ALBERT GAMAL 807 AMALA MICHEAL K
656 AKPE SALAMI 733 ALBERT SUCCESS 808 AMANI FAYSAL
657 AKPE SALAMI B 734 ALCHENY CHINAKA 809 AMAO ADEWALE PETER
658 AKPELU CHIDOZIE FELIX 735 ALESEI ABIMBOLA 810 AMAO OLUWASHOLA OLAYINKA
659 AKPEWA OGHENEGWEKE EMMANUEL 736 ALESER NABELUNG 811 AMAO RITA
660 AKPOBOERE CAROLINE 737 ALEWI ABIMBOLA ELIZABETH 812 AMARA OKONOWO
661 AKPOBOERE CAROLINE J 738 ALEWI FREDRICK OLUBUNMI 813 AMARACHI OKOYE
662 AKPOMIE MATTHEW 739 ALEWI OLAMILEKAN PETER 814 AMARACHI OKOYE D
663 AKPOS EVELYN AFOKE 740 ALEWI OLUWASEYI GRACE 815 AMARAH JABIRAH
664 AKPOVESO ANTHONY ASHLEY 741 ALFRED CHINEDU 816 AMASIORAH IFEANYI GREGORY
665 AKPOVOFENE ODIRIVWERENE KINGSLEY 742 ALFRED CHINEDU 817 AMAVU BOBO
666 AKPUNKU PETER MADUABUCHI 743 ALFRED ENWANTA ISIRHINRHIEN 818 AMBER FEROL
667 AKPUOKWE ESTHER NKECHINYELU 744 ALFRED GODFREY 819 AMBER SANYA
668 AKUBO ADEGBE WILSON 745 ALFRED JOSEPH EFEREMOH 820 AMBRA FERRAN
669 AKUBUIRO PAUL 746 ALHASSAN ABAS 821 AMBURUM JOSEPHINE PHILIP
670 AKUBUKO CHIGOZIE 747 ALHASSAN ALILU 822 AMBURUM PALANG PHILIP
671 AKUBUZE ONYEMACHI 748 ALHASSAN SHERIFAT TOLA 823 AMECHI O. WILLIAMS
672 AKUCHE NGOZI DIANA 749 ALI ADEBANJO 824 AMECHI SAMSON
673 AKUEKWE CHRISTOPHER SUNDAY 750 ALI EMEMA 825 AMEEN ABIMBOLA RISIQAT
674 AKULUE ONYINYE BERNICE 751 ALI ERACIMUS 826 AMEERAH FIRDOS
675 AKUNNE DORIS CHIMA 752 ALI GARBA 827 AMEH BENIABI
676 AKWITI CHINYERE CELESTINA 753 ALI IRABOR 828 AMEH CHARITY OGHENERELO
677 AKWUBA GODWIN 754 ALI OBIOHA 829 AMEH DANIEL
678 AKWUZIE NNAMDI FELIX 755 ALI RUTH EBELU 830 AMENE CHIDIEBERE
679 AL AMIN HARUNA 756 ALI-BIU DAUDA 831 AMEOBI BUSAYO
680 ALABA IBUKUN 757 ALICE NWACHUKWU 832 AMIAHKHOR MAGDALENE IYAESOMI
681 ALABI ADEOLA MURITALA 758 ALIEMEKA GOODLUCK DENNIS 833 AMIDU EGUDE
682 ALABI ADEREMI STELLA 759 ALIEMEKE GOODLUCK DENNIS 834 AMIN GADIL
683 ALABI AKINDELEAREMU 760 ALIKA OGHOGHO IFUERO 835 AMINA ABUBAKAR
684 ALABI BAYO AKINADE 761 ALIKE ALIU 836 AMINA GAMAL
685 ALABI DEBORAH 762 ALIM COMFORT 837 AMINAH AMINU IBUKUN
686 ALABI EZEKIEL OLGBADE 763 ALIM NAEEM 838 AMINAT SHARAFADEEN
687 ALABI FALILATU TITI 764 ALIMA GRACE 839 AMINU AMINU HABU
688 ALABI FOLASADE OMOYEMI 765 ALIU ADELEKE ODULOYE 840 AMINU BAYO
841 AMINU CHRISTY
2016 842 AMINU FATIMA

ANNUAL Standard Alliance Insurance Plc
REPORT and Its Subsidiary Company

PAGE

139

Unclaimed Dividend

843 AMINU JAFARU 920 ANICHO CHUKWUDI PHILIP 997 APATA OSAZUWA
844 AMINU NASHA 921 ANIEBONAM TOCHUKWU 998 APERE OLUWAYEMISI GRACE
845 AMINU OKORIE 922 ANIEFOK OGOCHUKWU 999 APERI JOSEPH
846 AMINU OKORIE 923 ANIEFOK OGOCHUKWU O. 1000 APETE BOLANLE
847 AMINU YESOKO 924 ANIEKA CHIOMA 1001 APEX TEAM LIMITED
848 AMIR GHASSAN 925 ANIEKE CHUKWUMA PETER 1002 APPAH VICTOR
849 AMIR OBIAJULU 926 ANIERIOBI CHUKWURAH JOHN 1003 ATIOMO AKINWANDE
850 AMIRA GINTON 927 ANIFOWOSE OLUWAFEMI KAHARU 1004 ATIYA HARUN
851 AMODE EDNA 928 ANIGBO NGOZI 1005 ATOBA SAKIRU
852 AMODU TAIWO 929 ANIGBOGU IFEADI EBELE 1006 ATOLANI OLUWAKEMI
853 AMOGBON PIUS AYODELE 930 ANIH TOLA 1007 ATOLANI VICTORIA
854 AMOJI PETER OKORO 931 ANIJAH CHUKWUDI PETER 1008 ATOYEBI RASIDAT O.
855 AMOLEGBE ADEBOWALE MOHAMMED 932 ANIKA CAROLINE IFEATU 1009 ATTAMAH CECILIA ASANA
856 AMON CHUKA 933 ANINYE GREAT ANORKOR 1010 ATTUH JOSEPHINE AKUABATA
857 AMOO ABIODUN 934 ANIOGOR DAVID N. 1011 ATUNG JONATHAN
858 AMOS KATO 935 ANIRE WASAN 1012 ATURAKA OLATOMIDE
859 AMOS TESSY 936 ANISA HABIB 1013 AUDU JOHN FREDRICK
860 AMOUH AMEN 937 ANIYA RIFKATU BOBAI 1014 AUDU MARY ADUN
861 AMU GIWA 938 ANKU EDU 1015 AUDU SAMUEL ABUH
862 AMUNU BABA 939 ANKU EDU F. 1016 AUGUSTINE BONIFACE UDOKA
863 AMUSA ABORISADE 940 ANLAINI MUBARAK 1017 AUSTIN COMAN
864 AMUSA SAMUEL 941 ANNA LUKAS 1018 AUSTIN EDEGBE
865 AMUSA SAMUEL 942 ANNISSA HADI 1019 AUTA TALA SARAH
866 AMUSU INIOBONG ADE 943 ANOCHIRIONYE UZODIMMA ALEXANDER 1020 AUTHUR SANUSI
867 AMUTA AGNES PRECIOUS CHIOMA 944 ANOFOWOKAN ADEGBOYEGA ANTHONY 1021 AUWALU SAMINY YOHANA
868 AMUZIENWA JELANI 945 ANOHU CHIDI 1022 AVAGA FELICIA
869 ANA BARBARA 946 ANOKE JOHNNY 1023 AWA NUHU
870 ANADI CHUKA 947 ANOKE JONNY W 1024 AWAISU OLADIGBOLU
871 ANADUAKA FRED CHUKS 948 ANOKE KENNETH ANI 1025 AWI PATRICK M
872 ANAENUGWU NDUBUISI VINCENT 949 ANOKE OMENOGOR 1026 AWINNIMU-AKATAK FRANK SOSOROBIA
873 ANAETO EMMA 950 ANOKWU OKOLO 1027 AWO FELICIA
874 ANAETO EMMANUEL 951 ANOLOPE NJOKU 1028 AWOBOYA OLAJUWON OLUSEGUN
875 ANAETO OKWU 952 ANOLUE EMMANUEL 1029 AWODUMILA COMFORT
876 ANAETO PAT 953 ANONYE ROSEMARY 1030 AWODUMILA COMFORT
877 ANAETO PATRICK 954 ANONYEI ONYINYE GLADYS 1031 AWOKUNLE CALEB OLUSAYO
878 ANAGHARA LINDA CHIYERE 955 ANORUO ANYAEHIE CHRIS 1032 AWOLESI ADENIKE IDIAT
879 ANAN GIVON 956 ANOSIKE AZUKA THEOPHINE 1033 AWOLUMATE OLAMIDE DEBORAH I.
880 ANARADO CHIDIKAONYE 957 ANOSIKE SHINA 1034 AWOMODU DAVID
881 ANARADO CHIDIKAONYE G. 958 ANSARI HAFIZ 1035 AWOMODU DAVID N
882 ANATAN OSUJI 959 ANSARI PAULA 1036 AWOMOLO ENITAN OLAKUNBI
883 ANAWO DAVID ENEMONA 960 ANTAI EDEM H. 1037 AWONIYI SULE
884 ANAZODO BUNU 961 ANTHONIA AKURA 1038 AWOSANMI PETER TEMITOPE
885 ANAZODO UCHENNA 962 ANTHONIA CHUKWUBUIKEM 1039 AWOSANYA JOSEPH BAMIKOLE
886 ANDEH CLETUS OGBONNA 963 ANTHONY ALOTO FUNMILAYO 1040 AWOSIKA SHITTU DAVID
887 ANDREW BATHLOMI 964 ANTHONY FRANK 1041 AWOSIKA SHITTU FLORENCE
888 ANDREW CHUKWU 965 ANTHONY K. 1042 AWOTAYO OLALEKAN EMMANUEL
889 ANDREW ELEOJO JOY 966 ANTHONY KINGSLY 1043 AWUDE CHRISTIANA OLUWAREMILEKU
890 ANDREW ELIJAH BOLANLE 967 ANTHONY OJAJA 1044 AWUGO ALAGI
891 ANDREW ELIJAH CHUKWU 968 ANTHONY PIUS 1045 AWUTE MONDAY ONISURU
892 ANDREW JOHNSON 969 ANTHONY SANUSI 1046 AWUZU OBY HENRIEATTA
893 ANDREW MANASSAH 970 ANUEBUNWA NDUBUISI CHIJIOKE 1047 AWWAL DADET
894 ANDREW SUNDAY 971 ANUFORO CLETUS UBAEZUONU 1048 AYAM PETER AIBE
895 ANDREW SUNDAY 972 ANUGWA ECHEFULAM LOUIS 1049 AYANKOLA KAZEEM AYANWALE
896 ANDY ERONSE 973 ANULIGO INNOCENT IKECHUKWU 1050 AYANKOYA OLUKEMI MOTUNRAYO
897 ANDY MORGAN 974 ANUMAKA JOY CHINONSO 1051 AYEBAE MOYOSOREOLUWA MICHELLE
898 ANDY PATIENCE BASSEY 975 ANURUKEM CHINAS AUGUSTINA 1052 AYEGBA O
899 ANDY SODIPO 976 ANURUKEM EZEWUNWA THOMAS 1053 AYEJIMIWO OLALEKAN DAVIDS
900 ANDY-ADEBOLA FLORENCE OLUWAYEMISI 977 ANUSHIEM SUNNY 1054 AYEJUTO OHUNENE FOLASHADE
901 ANEKE PERPETUA NKIRU 978 ANWANA UKUT-ABASI EDET WILLIAM 1055 AYELE CORDILLA
902 ANEKWE GABRIEL CHIKA 979 ANWAR HAKIM 1056 AYELEKE AYEKUNLE
903 ANENE NDID PATIENCE 980 ANWAR RACH 1057 AYENI HAMMED ADEBAYO
904 ANERU FAROUK UMORU 981 ANYADIBE NWANNEKA CHINYERE 1058 AYENI LARA EVELYN
905 ANGBA ABIGAIL 982 ANYAI EDEM 1059 AYENI OLUSHOLA ENIOLA
906 ANGBASHIM AWAZI 983 ANYAMARA MARITHA 1060 AYENI TUNDE EMMANUEL
907 ANGEL NNEKA DURU 984 ANYANG UKPONG I. 1061 AYEOLA MOSUNMOLA
908 ANGELA JAMES 985 ANYANWU ALPHONSUS OBIOMA 1062 AYETE SAMUNI NUT CICS LTD.
909 ANGELA JOHNSON 986 ANYANWU BOLANLE 1063 AYILARA ABDULQAYYUM
910 ANGIE BAMGBALA 987 ANYANWU CHIKAODINAKA DOLORES 1064 AYINDE LATI ANTHONIA
911 ANGULU MOHAMMED DANJUMA 988 ANYANWU OGADINMA OLUFUNKE 1065 AYINLA AKOKO
912 ANI CHRISTOPHER IFEANACHO 989 ANYAOHA MARTHA ODOCHI 1066 AYITA OLUWAFISAYO STEPHEN
913 ANI MARIA CHIOMA 990 ANYASI JOHN AGBATONAM 1067 AYO BAKARE
914 ANI MATTHEW ONYEMECHI 991 ANYAWU DOLORES CHIKAODINAKA 1068 AYO OYEOKA
915 ANI PATIENCE NGOZI 992 ANYIHA CHUKWUMA 1069 AYO SUNDAY
916 ANI UCHECHUKWU VICTOR 993 ANYOHA CHUKWUMA 1070 AYOADE BASHIRU ADESHINA
917 ANIA CELESTINA IYABO 994 APALOWO SAMUEL OLUMAYOWA 1071 AYOADE IDRIS ADEGBOYEGA
918 ANIA MERCY CHUKWU 995 APANPA SERIFAT OLORUNTOYIN 1072 AYOADE KUDIRAT
919 ANIBOWEI PATIENCE 996 APARA PAUL 1073 AYOBOLU IBRAHIM

2016 Standard Alliance Insurance Plc
and Its Subsidiary Company
ANNUAL
REPORT

PAGE

140

Unclaimed Dividend

1074 AYODABO ESTHER OLATUTU 1151 BADA OLAWALE IDRIS 1228 BASSEY BASSEY JAMES
1075 AYODEJI UMAR 1152 BADA SUNDAY 1229 BASSEY N. TOYIN
1076 AYODELE ADEKUNLE BISIRIYU 1153 BADA YEMI 1230 BASSEY NKEREUWEM EFIONG
1077 AYODELE BOLA AKOMOLAFE 1154 BADEJO EMORHIE 1231 BASSEY REGINARD
1078 AYODELE GAFAR 1155 BADEJO OLATUNJI 1232 BASSEY ULAN
1079 AYODELE NIYI JULIUS 1156 BADEJO OLUBUKOLA 1233 BATETSONE WARITSE NIG LTD HAMILTON
1080 AYODELE OLUFEMI ADEYEMI 1157 BADEMOSI FADEKE
1081 AYODELE-ESHO O. OLUWAMAYODE 1158 BADMUS OLUSHOLA MICHAEL 1234 ORITSEWEYIMI
1082 AYOKA MUSA 1159 BAIYESHEA OLUMUYIWA TOLA 1235 BATUBO TONYE BAGSHAW
1083 AYOKO ESTHER 1160 BAIYEWU OLUFEYIKEMI 1236 BATURE PETER FRANK
1084 AYOKUNLE ADAUTIN KUNLE 1161 BAJOWA ADEDOTUN AYODEJI 1237 BAWA EMMANUEL GIMBA
1085 AYOKUNLE ADAUTIN KUNLE F. 1162 BAJULAIYE LEORNARD 1238 BAWALA MONSUR OBAFEMI
1086 AYOMIDE AFOLAKE QUEEN 1163 BAKARE ADEWALE RASEED 1239 BAWALA ZAINAB
1087 AYOOLA ADENIJI ABAYOMI 1164 BAKARE AFIS OLALEKAN 1240 BAYO AKERELE
1088 AYOOLA MODUPE AMUDAT 1165 BAKARE ALI 1241 BAYO FADIL
1089 AYORINDE BEN JOHNSON 1166 BAKARE BENJAMIN 1242 BAYO OLAWALE
1090 AYORINDE IYABEJI 1167 BAKARE FADEKEMI GANIAT 1243 BAYOKO JADEED
1091 AYORINDE MORENIKE AJOKE OMOTUNDE 1168 BAKARE KINGLSEY 1244 BAYOKO JADEED P
1092 AYORINDE OLUWATOYIN PEJU 1169 BAKARE MAGNUS 1245 BEITA ISREAL
1093 AYOWOLE FOLASHADE 1170 BAKARE MUSTAPHA OLOLADE ADETUNJI 1246 BEITA ISREAL Q
1094 AYOYEMI ISHOLA JAMES 1171 BAKARE OLANREWAJU 1247 BEJI ROLAND AFIGHODARI OPUEGEN
1095 AYUBA ESTHER 1172 BAKARE OLUFEMI OTUNBA 1248 BELEMA JANE
1096 AZAINO EFE UZEZI 1173 BAKARE OREFALE 1249 BELLO AISHA OLUFUNMILOLA
1097 AZAKA AUGUSTINA UCHE 1174 BALA SUNDAY 1250 BELLO AISHAT AJIBOLA
1098 AZAKA CYNTHIA 1175 BALARABA JUDE 1251 BELLO AISHAT OLABISI
1099 AZARE DADA 1176 BALARABE MARY 1252 BELLO AISHIATU
1100 AZEEZ ABDULWAHID ATANDA 1177 BALAT KADUNA 1253 BELLO ALANI ISAU
1101 AZEEZ ADIJAT KUBURAT 1178 BALDWIN-OKOLI NWAMAKA GLORIA 1254 BELLO AZIZA
1102 AZEGBEOBOR DADA 1179 BALLA JOHNNY 1255 BELLO BABATUNDE
1103 AZI SHOAGA 1180 BALLA JOHNNY O. 1256 BELLO BISI
1104 AZIBATOR DARLINGTON 1181 BALOGUN ADEBAYO JOHNSON 1257 BELLO DANLADI
1105 AZIE UCHE AGATHA 1182 BALOGUN AWUDU 1258 BELLO ESTHER
1106 AZIKE CHERY ADANMA 1183 BALOGUN OLAYINKA DELE 1259 BELLO GARBA ABUBAKAR
1107 AZIKE MONICA AMONOMAH 1184 BALOGUN OLUSHOLA SHERIFAT 1260 BELLO MARIAM OLAMIDE
1108 AZIM HAZIM 1185 BALOGUN OLUWASEGUN 1261 BELLO MOMODU
1109 AZIM SAFIYA 1186 BALOGUN PATIENCE 1262 BELLO OLADIPO RASHEED
1110 AZIZ HASSAN 1187 BAMA DAGGASH 1263 BELLO ONI
1111 AZIZ SAIDAH ABIKE 1188 BAMBI UCHE 1264 BELLO OSEREMEN BLESSING
1112 AZIZA HUSSAIN 1189 BAMGBOSE FELIX TAIWO 1265 BELLO RASAK OLALEKAN
1113 AZODE NNAGOZIE GABRIEL 1190 BAMIDELE HAROUN 1266 BELLO RASAQ OLADIPUPO
1114 AZODE STELLA ADANNA 1191 BAMIDELE OLATAWURA 1267 BELLO RAUF JNR
1115 AZRA HUSSEIN 1192 BAMMODU RONKE MORENIKE 1268 BELLO SAKIRU OLALEKAN
1116 AZUAMAIRO CHIDOZIE 1193 BAMODU ODUNAYO OLUTOMI 1269 BELLO UMARU
1117 AZUAMARIO CHIDOZIE GODWIN 1194 BANAN IDRIS 1270 BELLO USMAN
1118 AZUBUIKE JUSTIN 1195 BANIGU PRECIOUS 1271 BELLO USMAN MBULAMA
1119 AZUH DAFE DAFE 1196 BANIRE DAGOGO 1272 BEM FAISAL
1120 AZUH GERALDINE 1197 BANJI SUNBO GLORY 1273 BEMA DAMILOLA
1121 AZUH MATHEW SOCHUKWUDI 1198 BANJO BANJOKO 1274 BENARD OCHELLE
1122 AZUKA GIDEON 1199 BANKOLE ISIAKA 1275 BENARDINE DANIEL
1123 AZUKA MEZEYI JONATHAN 1200 BANKOLE KAZEEM OLALEKAN 1276 BENIE DANASABE
1124 BAAKO FARAT 1201 BANKOLE OLURANTI 1277 BENITO MAC CHUKS
1125 BABA KABIRU 1202 BANNUA JANET 1278 BEN-IWU PRINCESS
1126 BABA-AGBA FELICIA O. 1203 BANRE DAGOGO 1279 BENJAMIN IYENGE
1127 BABADE-BABATUNDE AFOLAKE 1204 BAPPA TAIYE 1280 BENJAMINE OLUKAYODE
1128 BABAFUNMITO KUNLE PETER 1205 BARAKAH IMAM 1281 BEN-JOHNSON DANBAKI
1129 BABAFUNMITO KUNLE PETER H. 1206 BARAU PEJU 1282 BENNY FOLARIN
1130 BABAGANA FATIMA 1207 BARIRA YUNUSA OMAR 1283 BENSON AJAYI
1131 BABALOLA BUKOLA MARY 1208 BARKO DINCI IFEANYI 1284 BENSON-OGUNSIPE ADERONKE
1132 BABALOLA DEBORAH T. 1209 BARU BELLO IBRAHIM 1285 BENSON-OGUNSIPE ADERONKE ADEBISI
1133 BABALOLA KOLA (CHIEF) 1210 BARU HAFSAT IBRAHIM 1286 BEN-UZOM NGOZI CALISTER
1134 BABALOLA THOMAS OYEBAMIJI 1211 BARU HALIMA IBRAHIM 1287 BEN-WHYTE RICHARD
1135 BABALOLA YINKA SUNDAY 1212 BARU IBRAHIM 1288 BENZOE SARAH OLUWAYEMISI
1136 BABAS SAMUEL INBIGE 1213 BARU LUQMAN IBRAHIM 1289 BERCKLEY JOHN BILARY
1137 BABASOLA ADAMS 1214 BARU ZAINAB BELLO 1290 BERCKLEY JOHN DANBALA
1138 BABATUNDE FAITH ADERINSOLA 1215 BASHIR HARUNA 1291 BERNARD EYO
1139 BABATUNDE OKERE 1216 BASHIR JABIR 1292 BERNARD UTULU
1140 BABATUNDE OLUWASEUN GLENN 1217 BASHIR SAIDI BIMPE 1293 BERNARDIN BUBA
1141 BABATUNDE SOYEMI 1218 BASHIRU DAHIRU 1294 BESONG DANIELA
1142 BABAWALE SAMSON BIBITAYO OLUFEMI 1219 BASHORUN ABIMBOLA ADIJAT 1295 BESONG ERIC NDOMA
1143 BABBA HASSAN USMAN 1220 BASHORUN TUNDE FATAI 1296 BETTY OBAYILO
1144 BABI DAFEGHA 1221 BASIL ADEREMI 1297 BFCL INVESTMENT A/C
1145 BABS KUFEJI OLUFUNKE AGBEKE 1222 BASIL DAKUM 1298 BIAYE DAVIES
1146 BABSON ASSIAK 1223 BASIL DALHOTU 1299 BIBI JALIJ
1147 BABTUNDE BELLO 1224 BASIM FRIDAY 1300 BIDMOS MUSLIH
1148 BACK FLATS CONCEPTS 1225 BASIM JALEEL 1301 BIENOSE JOHN
1149 BACKRY OLUWAKEMI RASIDAT 1226 BASIMAH JALEN 1302 BIKO OLA
1150 BADA BABATUNDE YUSUF 1227 BASSEY AFFIONG BOKIME 1303 BILAL JAMAL
BILAL SHASMECKA

2016 Standard Alliance Insurance Plc
and Its Subsidiary Company
ANNUAL
REPORT

PAGE

141

Unclaimed Dividend

1304 BILIKISU DANJUMA MOHAMMED 1381 BUSOLA AYENI 1458 CHINASAOKWU EREGE
1305 BILIKISU DANJUMA MOHAMMED U 1382 BUTA DOGO 1459 CHINEDU ADIM FRANCIS
1306 BIMPE NGWUNZE 1383 BUYAN EZRA 1460 CHINEDU OGOM
1307 BINDO BIOSE 1384 BUYINYIN ISA 1461 CHINEDU ONWUEGBULE
1308 BINDO BIOSE R 1385 BUYINYIN ISA X. 1462 CHINELU AMOS
1309 BINI DANJUMA 1386 BWALA DAUDA GARBA 1463 CHINEMELUM UGOCHUKWU CHUKWUEMEKA
1310 BIRTUS DANLADI 1387 BYOMA BAKER E. 1464 CHINENYE AMAECHI URSLLA
1311 BIRTUS TAIWO 1388 CALA KADIN 1465 CHINOKO FAHD
1312 BISHOPTON ABIMBOLA ALAKE 1389 CALE EIUBORN 1466 CHINONSO STEPHEN IHEANACHO C
1313 BISIOLU RAMOTA ADUKE 1390 CANICE UZEME 1467 CHINWE ESEZOBOR
1314 BITRUS BLESSING YOHANNA 1391 CANTARA KAEZIR 1468 CHINWE ESEZOBOR P
1315 BITRUS GRACE YOHANNA 1392 CAPAS NOMINEE "MAO" 1469 CHINWEUB ANTHONY OBINNA
1316 BITRUS SAMUEL NINYIO 1393 CAREW BABATUNDE 1470 CHINWUBA COSMOS ARINZE
1317 BITRUS SILAS 1394 CARLTON TARI 1471 CHIROMA AMINAH
1318 BLEMOD VENTURES 1395 CARNA KALE 1472 CHIROMA DANSANI
1319 BLESSING ANYA 1396 CECILIA OZEMWA 1473 CHIROMA DANSANI Z
1320 BLESSING DANLADI 1397 CELESTINA EDWIN 1474 CHISOM BABALOLA
1321 BLESSING EMELE 1398 CELESTINA OSADEBE 1475 CHIZIMDU ESEZOBOR
1322 BODE DANLADI 1399 CEMAL KALID 1476 CHIZOBA JENEVIVE IFEYINWA
1323 BODE HASIM 1400 CEMAL SITEMBIKE 1477 CHIZOBA KENNETH JOHNBOSCO
1324 BOLABIRINWA OLUWAYEMI IBIDUN 1401 CHAMA SIMON HASSAN 1478 CHIZOBA MARTHA EZINNE
1325 BOLADALE AMIRAT IDERAOLUWA 1402 CHAPPI DORCAS 1479 CHIZOBA PHILOMENA
1326 BOLAJI ABIODUN OLUWAKEMI 1403 CHARITY ARIBA 1480 CHIZOBA PHILOMENA N
1327 BOLAJI DANLAMI 1404 CHARLLY EMMANUEL EMMANUEL 1481 CHIZOBA VICTOR IKENNA
1328 BOLAJI KAMIL 1405 CHI OKAFOR 1482 CHRISTA ETOP
1329 BOLAJI SAMUEL OLUFEMI 1406 CHIAMAH OGOCHUKWU ROSEMARY 1483 CHRISTIAN ASSOCIATION OF NIGERIA
1330 BOLANLE KARIM 1407 CHIBUIKE ISSAC JOHN 1484 CHRISTY THEOPHILUS
1331 BOLARIN DAPO MOSES 1408 CHIBUIKE UZOMAKA 1485 CHUKA AHAMAD
1332 BOLARIN MONILOLA MARY 1409 CHIBUNDU FRIDAY 1486 CHUKA DIWA
1333 BOLARIN WALE JOHN 1410 CHIBUZO DARAMOLA 1487 CHUKE DANIEL
1334 BOLARINWA FUNMI 1411 CHIDIKAONYE PKWECHIE 1488 CHUKS MAC BENITO
1335 BOLARINWA OLUFELA OLAIYA 1412 CHIDIKAONYE PKWECHIE N 1489 CHUKWU COLLINS OGBONNA
1336 BOLARINWA SALISU 1413 CHIDINDU LOIUS 1490 CHUKWU EMMANUEL VINTUS
1337 BOLARINWA SALISU U. 1414 CHIDIOGO BOLADE 1491 CHUKWU GEORGE NDUBUISI
1338 BOLATITO GIWA 1415 CHIE MARCELLINUS IFEANYI 1492 CHUKWU GOLD
1339 BOMA DEDE 1416 CHIEKE GRACE 1493 CHUKWU ICHEN
1340 BONNY TAMMY 1417 CHIELO JOHN 1494 CHUKWU NDUBUISI STANLEY
1341 BORO ERNEST 1418 CHIGBOGU LOTANNA JAMES 1495 CHUKWU NGOZI OLUCHI
1342 BORO ERNEST T. 1419 CHIGBUZO ABBA 1496 CHUKWU NKEM
1343 BORO MARK STANLEY 1420 CHIJINDU IVAN CHUKWUKA 1497 CHUKWUBUIKEM HARUNA
1344 BORO MARK STANLEY .J 1421 CHIJIOKE AGBELE 1498 CHUKWUDI AUSTINE AMAECHI
1345 BORODO BORO 1422 CHIJIOKE BRYAN 1499 CHUKWUDI SAMUEL CHIDIEBERE
1346 BORODO BORO V. 1423 CHIJIOKE CLEMENT 1500 CHUKWUDIKE Q.
1347 BOSE COKER 1424 CHIJIOKE JOSEPHINE 1501 CHUKWUDIKE PRINCESS
1348 BOSE OLUWALE 1425 CHIJIOKE JOSEPHINE V 1502 CHUKWUDINMA NZUBE MELVIN
1349 BOSEDE VAUGHAN 1426 CHIJIOKE MACPETERS 1503 CHUKWUDUM JOHN OGBONNA
1350 BOYEDE BOLARIN 1427 CHIJIOKE MACPETERS S 1504 CHUKWUEMEKA SAMUEL
1351 BRAITHWAITE OLUWAFUNMILAYO ADERONKE 1428 CHIJUKA DARAMOLA 1505 CHUKWUGBO FRANKLIN AZUBIKE
1352 BRAITHWAITE OLUWASEMILOGO ADEKUNBI 1429 CHIKA CHIJIOKE ANDREW 1506 CHUKWUJEKWU COLLINS FRIDAY
1353 BRAITHWAITE OREOLUWATOMI ADEMIDE 1430 CHIKA CHIJIOKE ANDREW A 1507 CHUKWUJIMBE EJIKE ANTHONY
1354 BRALIZE TAMMY 1431 CHIKATARA RUTH 1508 CHUKWUJINDU DEBORA
1355 BREDAN EGREGOR 1432 CHIKE ARIYU 1509 CHUKWUKA AZUBUIKE NWACHUKWU
1356 BRIGGS INNE 1433 CHIKE UCHE 1510 CHUKWUMA BENEDICT
1357 BROKA ONOYOVBERE 1434 CHIKELUBA UGOCHUKWU 1511 CHUKWUMA CHRIS ONYEJEKWE
1358 BROWN IBIFUBARA 1435 CHIKEZIE MADU AUGUSTINE 1512 CHUKWUMA ECHEZONACHUKWU CHUKWUDUBEM
1359 BUBA HASSAN 1436 CHIKEZIE OGECHI 1513 CHUKWUMA EWELE LUCKY
1360 BUBA JUMMA 1437 CHIKWELU CHETA 1514 CHUKWUMA JANE
1361 BUHARI DAPE 1438 CHILAKA CHUKA THOMAS 1515 CHUKWUMA MABEL NKIRUKA
1362 BUHARI OLUREMI 1439 CHILAKA CHUKA THOMAS B 1516 CHUKWUMA OGECHI
1363 BUHARI SHITTU 1440 CHILAKA CHUKA WILFRED 1517 CHUKWUMA SOWANDE KENNETH
1364 BUHARI SOLOMON 1441 CHILAKA CHUKA WILFRED N 1518 CHUKWUNEKE JOY AKA
1365 BUKAR UCHE 1442 CHILAKA DOGO 1519 CHUKWURAH OKEY
1366 BUKOLA BABACJI 1443 CHILAKA DOGO P 1520 CHUKWUZUEBULE WALTER C
1367 BUKOYE BUKOLA RISQAUT 1444 CHIMA ABBA 1521 CHUWA PRINCEWILL
1368 BUKUAGHANGIN UTIBE N. 1445 CHIMA MAC-COLLINS 1522 CHUWA WILL S.
1369 BUKUGHANGIN UTIBE 1446 CHIMA WILLIAMS IHKEKE 1523 CIROMA ABDULLAHI MBALALA
1370 BUKUNMI REMI ANDREW 1447 CHIMADU DAREN 1524 CLARA UCHE
1371 BUNGWON PRECIOUS 1448 CHIMADU ENITAN 1525 CLIFORD DEBORAH
1372 BUNMI WRIGHT 1449 CHIMAOBI NELLY UNWANA 1526 C-MBA DARAMOLA
1373 BURAIMOH RASAKI 1450 CHIMASON YUSUF 1527 COAKMAG INVESTMENT LTD
1374 BURHAN JIBRIL 1451 CHIMBO IBEZIMAKO 1528 COCOBASSEY EKPOANWAN ENETIE
1375 BURNAN SI BONGILE 1452 CHIMGOZIM PATRICK 1529 COLE AGBEKE
1376 BURUBOYEFE SUOKUMO CLEMENT 1453 CHIMGOZIM PATRICK R 1530 DANIEL SEZUO SAMSON
1377 BURUBOYERE 1454 CHINAKA ABEL CHINAKA 1531 DANIELA OMOLAYO
1378 BUSARI GANIYU ALADE 1455 CHINAKA EDNA NDIDI 1532 DANJUMA CHIBUEZE
1379 BUSARI RAIFU OLADELE 1456 CHINAKA PRINCESS 1533 DANJUMA EMMANUEL
1380 BUSARI UCHENNA 1457 CHINAKA ROSEMARY 1534 DANJUMA ISIAKA-SULE

2016 Standard Alliance Insurance Plc
and Its Subsidiary Company
ANNUAL
REPORT

PAGE

142

Unclaimed Dividend

1535 DANJUMA JINOBI 1612 DIMKA ABDU 1689 EBHOHON MAGNUS
1536 DANLADI BOLANLE 1613 DIMKA AISHA 1690 EBHOHON PETER
1537 DANLADI CHUKUDI 1614 DIPE COMFORT ABOSEDE 1691 EBHOHON SAMUEL
1538 DANLADI MARVELLOUS 1615 DIPEOLU CHIBUIKE STAN 1692 EBHOHON STANLEY
1539 DANLAMI WUNMI 1616 DIRRAN KAMAL 1693 EBHOHON STEPHEN
1540 DANMUSA GONTO 1617 DISU ABDUL LATEEF 1694 EBHOHON VICTORIA
1541 DANMUSA GONTO M 1618 DITTIMI OTAGHOGHO 1695 EBIBI SANDRA
1542 DAN-MUSA IDRIS GAMBO 1619 DIVINE SULEIMAN 1696 EBIBI SANDRA C.
1543 DAN-MUSA JAMILA GAMBO 1620 DIYA CHUTA 1697 EBINUM DANIEL CHUKWU-YENUM
1544 DAN-MUSA NAFISAT GAMBO 1621 DOGARA SOLONYE 1698 EBINUM DAVID ONYEKA-CHUKWU
1545 DANSADAIJ UBOHO 1622 DOGONDAJI AHMED SHEHU 1699 EBINUM JOY AWURI
1546 DANSADAIJ UBOHO Y 1623 DOLBIB NIGERIA LIMITED 1700 EBIOLADE RAYGIN
1547 DANSANI MSHELIA 1624 DOMINIC MERCY JOSEPH 1701 EBOH AHMED
1548 DAPE LIVINGSTONE 1625 DONALD AKHUETIEM 1702 EBOH ORITSEWENYIMI MICHAEL
1549 DARAMOLA AFOLAKE 1626 DONALD FRIDAY 1703 EBOJI JUDE OKEBUNOR
1550 DARAMOLA FABIAN 1627 DOPEMU ADERINSOLA ADESOLA 1704 EBOJIE KENNEDY
1551 DARAMOLA IMRAN 1628 DORA OKORIE 1705 EBOJIE NEVISMONT MONDAY
1552 DARAMOLA LEWIS 1629 DORA OLANDO 1706 EBOLOSUE CHUKWUMA HECTOR
1553 DARE ABAYOMI JOSEPH 1630 DORGU CLARINA 1707 EBRAHIM KAMIL
1554 DARE AKINGBOLA WILSON 1631 DORKA COMFORT 1708 EBRAHIM SULAIMAN
1555 DAREN FARID 1632 DORKA COMFORT E 1709 EBRUSIKE OGHENETEGA
1556 DARODA ALIYU SANI 1633 DOROTHY IDEMUDIA 1710 EBU UCHE STELLA
1557 DAVID DANON AKOTEGNON 1634 DOSHIMA JOLLY 1711 EBUBECHUKWU RAZI
1558 DAVID EBERE ONYEJE 1635 DOSUNMU GBENGA SIMEON 1712 EBUKA ABUBAKAR
1559 DAVID ELIZABETH (REV) 1636 DOTUN KOYIN 1713 EBUKA ABUBAKAR A.
1560 DAVID ELIZABETH SUNDAY 1637 DOTUN OLUGBODI 1714 EBUN GATTA
1561 DAVID GRACE 1638 DOTUN PATRICK 1715 ECAD MARJANI
1562 DAVID JIMMY FEMI 1639 DRAMBI TIZHE 1716 ECHEFU RASHIDA
1563 DAVID KAYODE 1640 DREAMLAND GLOBAL ASSETS LTD 1717 ECHEMA CHUKWUDI
1564 DAVID NWOKO 1641 DUBA COLLINS 1718 ECHEUMUNA ANTHONY
1565 DAVID ODUNAYO OLARINDE 1642 DUBEM STEPHEN 1719 ECHIEGU NWANKWO
1566 DAVID OLUJI 1643 DUDU MARGRET AGBAMIRONARA 1720 ECHINA FELIX OLELE
1567 DAVID OLUSANYA 1644 DUKE MARYANU 1721 EDAH OGBONNIA
1568 DAVID USMAN 1645 DUKU EMMANUEL UDUMEBRAYE 1722 EDAH PETER
1569 DAVIDSON ORIGA BIBI 1646 DUMDE ELECHUKWU 1723 EDDEH DALLAS
1570 DAVID-WEST BANIGO 1647 DUNG KANGYANG DAYOU 1724 EDDEH DALLAS D.
1571 DAVIES ADEMOLA B 1648 DUNIYA CLINTON BIVAN 1725 EDEANI RUNAKO
1572 DAVIES AYI 1649 DUNIYA KENEDY BOBAI 1726 EDEBOR SAFIYA
1573 DAVIES BABAJIDE A 1650 DUNIYA MARTIN LUTHER KUYET 1727 EDEGBE OSAS FELICIA
1574 DAVIES OWOLABI 1651 DUNIYA NELSON ZAKI 1728 EDEH JACKSON
1575 DAVIES PAULINUS 1652 DUPE ABAMU 1729 EDEKUNU ISAAC OGHENEWATA
1576 DAWA FALANA 1653 DUREKE IFEKA ANSLEM 1730 EDEM JACKSON A.
1577 DAWODU OLUWOLE HEZEKIAH 1654 DURODOYE RASHEED .A. 1731 EDEM OLAITAN
1578 DEBORA OKOOBA 1655 DUROJAIYE HAMZAT OLATUNJI 1732 EDEM SAMUEL EFFIOM
1579 DEBORAH DAUDA 1656 DUROJAIYE RASHEED 1733 EDEOGHON GABRIEL
1580 DEBORAH GHASSAN 1657 DUROTOLUWA ADEOLA OMOLOBA 1734 EDESIRI SATOPE
1581 DEBORAH O.SIMON 1658 DUROTOYE OLUSOLA 1735 EDESIRI SATOPE I.
1582 DEEKAE OKWABE NWIBEKE NGOZI 1659 DUROTOYE OPEYEMI 1736 EDET ADAMS
1583 DEHINBO ADEMOLA NURUDEEN 1660 DUROTOYE OPEYEMI 1737 EDET JOAN AISHATU
1584 DEHUNIGBO OMOTAYO TEMITOPE 1661 DURUAKU IJEOMA QUENETH 1738 EDET LEONARD A.
1585 DEJE ABASS ABASS 1662 DURUNWOKEDI EMEKA HOPE 1739 EDET ROSE
1586 DEJI BALA 1663 DUWA AUTA 1740 EDET TUNDE
1587 DELE AYIO 1664 E.C.P. GROUP 1741 EDETAN DELIGHT PEACE
1588 DELE-GIWA OLUFUNMILAYO 1665 EARNEST TIMI 1742 EDETAN MARVELLOUS OLUWASEMILORE
1589 DELUWA BIJIMI 1666 EBATA BENJAMIN 1743 EDI D. JOHN
1590 DEMOLADE OLALUDE 1667 EBATA CHRISTOPHER 1744 EDIGWE BLESSING OGHALE
1591 DEREFAKE BLISS 1668 EBATA DOMINIC 1745 EDI-OSAGIE SIDNEY IFEANYI
1592 DE-REGAL& ASSOCIATES LTD . . 1669 EBATA DONATUS 1746 EDOGAME RITA SENUMA
1593 DERIRAN KETURAH EROURE 1670 EBATA FIDELIX 1747 EDOH ONYECHE CATHERINE
1594 DESMOND TUTU 1671 EBATA GIDEON 1748 EDOHO EDOHO MFON
1595 DE-ULTIMATE STARS NIG LTD 1672 EBATA MACEL 1749 EDOHO JENNIFER EMMMANUEL
1596 DIANABASI STEPHEN 1673 EBATA MATTHEW 1750 EDOHO JOY EDOHO
1597 DIANABASI STEPHEN A 1674 EBATA ROBERT 1751 EDOSA FRIDAY OKPOKOR
1598 DIBIA AMA SAMUEL 1675 EBATA ROSEMARY 1752 EDOSA SUKUTAI
1599 DIBIA JUDE ISIOMA 1676 EBATA SOLOMON 1753 EDOSUYI FARAJI
1600 DICKSON BOLADE 1677 EBEK PRINCE ASUKWO 1754 EDREMODA EDITH OMAYEULI
1601 DICKSON FELIX 1678 EBELE AKPOBOME 1755 EDU JERRY
1602 DICKSON OLUFUNMILOLA HELEN 1679 EBENGE MARTIN 1756 EDU JERRY W
1603 DICKSON THOMAS FRIDAY 1680 EBENGE MARTIN B. 1757 EDU SALILAH
1604 DIKE AFOMA ANN 1681 EBEOGU CHIOMA EBELECHUKWU 1758 EDUMELE JOSEPH ODOKO
1605 DIKE CHUKWU 1682 EBERE AWULO 1759 EDUN OLUWATOSIN GRACE
1606 DIKEOCHA KALU 1683 EBERE GLORY 1760 EDUN OMOTAYO GEORGE
1607 DIKEOGU DOUGLASS 1684 EBERECHI EKENE 1761 EDUNO CLEMENT
1608 DIKOBA NIGERIA 1685 EBERECHI EKENE N. 1762 EDUNO CLEMENT E
1609 DILLUM VICTOR 1686 EBHODAGHE TEGA IMHANDE 1763 EDUOK SALIM
1610 DILLUM VICTOR A 1687 EBHOHON FEDINARD 1764 EDWARD OLAJIDE O.
1611 DIM OKORIE 1688 EBHOHON FELIX 1765 EDWARDS ADEBIYI ADEREMI

2016 Standard Alliance Insurance Plc
and Its Subsidiary Company
ANNUAL
REPORT

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Unclaimed Dividend

1766 EDWIN PAUL CHIBUIHE 1843 EJIAMU KINGSLEY CHIDI 1920 ELEKWACHI HART
1767 EEVNAS BEAUTY SALOONS LTD 1844 EJIBENAM OKWUDILI C. 1921 ELEODIMUO FRANCISCA AMAKA
1768 EFE GODSPOWER EVI 1845 EJIBENDU EVELYN 1922 ELEWA MANDISA
1769 EFE SULAIMAN 1846 EJIKE CHINYERE AKUNNA 1923 ELGAM EBOR PETER
1770 EFEMINI SAMUEL 1847 EJIKE COLLINS 1924 ELISHMA YARO
1771 EFEWAPE MOBOLAJI 1848 EJIKE PHILIPS 1925 ELIZABETH AKPAN
1772 EFFA ESU OTU 1849 EJIKS FEMI 1926 ELIZABETH BIBINU
1773 EFFI DERENICK 1850 EJIM FOLA 1927 ELIZABETH EMEKA
1774 EFFIOM FELIX EFFIOM OKON 1851 EJIMADU GIFT EMEKA 1928 ELIZABETH UDOEKPA A
1775 EFFIONG ASUKWO 1852 EJIMADU IWO 1929 ELIZABETH UWAJEH
1776 EFFIONG ESSIEN GLORIA 1853 EJIMBA CHRISTIANA 1930 ELKANEM ABDUSALAM
1777 EFFIONG MFIONISO ADOLF 1854 EJINAKA INTERPRISES 1931 ELOHO ANDYSON
1778 EFFIONG MUKHTAR 1855 EJIOFOR ANAYO 1932 ELUE GAMBA
1779 EFFIONG TABANSI 1856 EJIOFOR DENNIS 1933 ELUE UBA
1780 EFFONG JOY AGNES 1857 EJIOFOR EMOS 1934 ELUGBILE RAUF AKANJI
1781 EFOBI EKENE ANTHONY 1858 EJIOFOR JONATHAN 1935 ELUM CHUKWUMA
1782 EFOSA PROSPER OSAREME 1859 EJIOGU DONATUS ONUOHA 1936 ELUMEZE CLEMENT ISIOMA
1783 EFOSA PROSPER OSAREME K. 1860 EJIONYE RUTH IDOWU 1937 ELUSHADE IBIYINKA OLUBUNMI
1784 EFU EMMANUEL 1861 EJOAMAHE EVAW 1938 ELVIS PHIL
1785 EFUWAPE TITILAYO J 1862 EKAMA TEGA 1939 EMAFO HALIMA
1786 EGAUHON MAIZAH 1863 EKANDE OLUSEGUN 1940 EMAFO TALE
1787 EGBE SIBONGILE 1864 EKANEM ENOBONG ASUQUO (ADMOR) 1941 EMEBO BLAISE OGBONNAYA
1788 EGBEDI ANTHONIA 1865 EKANEM SAMUEL ESSIEN 1942 EMEDIONG MFON
1789 EGBEDI ROY 1866 EKANEM UDO 1943 EMEFIELE AUGUSTINE
1790 EGBEKU BENIAH 1867 EKE CHRISTOPHER OSATO 1944 EMEKA AKUNLUYI
1791 EGBEKU HELEN SIM 1868 EKE IKECHUKWU OLIVER 1945 EMEKA AKWARANDU
1792 EGBEKU SALEM 1869 EKE MATTHEW CHIJIOKE 1946 EMEKA STEPHEN
1793 EGBEKU SARAH 1870 EKE OCHENEAWEROSU 1947 EMEKAH HABIKAH
1794 EGBEKU SARIM EFE EGBEKU 1871 EKE OGBONNA KEN 1948 EMEM-ABASI MURITALA
1795 EGBI EGUNIKE 1872 EKECHUKWU HARBERT EMECHETA IHEANYI 1949 EMENIYI ALFRED
1796 EGBIREMHON DALINGTON EHIABHI 1873 EKEKWE UKACHUKWU FREDERICK SUNDAY 1950 EMENOGHA CHINEDU AUGUSTINE
1797 EGBO UCHENNA PAUL 1874 EKEMODE UCHENNA 1951 EMENOGHA EBELE GRACE
1798 EGBOH ADAEZE 1875 EKEMORUAH AVEROSUEOGHENE 1952 EMENYI ALFRED Q
1799 EGBOKA NWAKAEGO AGATHA 1876 EKEMORUAH MERCY ESEOGHENE O. 1953 EMERE MATTHEW CHIKA
1800 EGBORAI NKECHI ANIREJUORITSE 1877 EKEMORUAH OGHALE 1954 EMERUEH NKEM
1801 EGBORDI UCHENNA ALERO 1878 EKEMORUAH OTHUKE BEAUTY 1955 EMERUEH OGE
1802 EGBOSIMBA OBIANAMA VICTORIA 1879 EKEOCHA IJEOMA CHIBU 1956 EMERUEH OGE NKEM
1803 EGBUIWE TAPANGA 1880 EKEREKA ANIFIOK FRIDAY 1957 EMIR KANIEL
1804 EGBUNE BRIDGET NGOZI 1881 EKHENLEN ALBERT BELLO 1958 EMIR TABANSI
1805 EGBUNG AUGUSTINE UKWADA 1882 EKIKERE IROAGBA 1959 EMMAH IKENNA
1806 EGBUNIKE RICHARD 1883 EKIKERE IROAGBA W 1960 EMMAH IKENNA R
1807 EGBUTA JOSEPHINE CHINJOMA 1884 EKIKERE JOEL 1961 EMMANUEL ANTHONY ONAH
1808 EGEDE TABARI 1885 EKIKERE JOEL T 1962 EMMANUEL BAMIDELE KOLAWOLE
1809 EGEOLU TAKIYAH 1886 EKO AREMU 1963 EMMANUEL CHRIS O SEGUN LAWAL
1810 EGERUO EDITH ADAEZE 1887 EKO BABAJIDE 1964 EMMANUEL IBE
1811 EGHAREUBA ERNEST 1888 EKON BOYE 1965 EMMANUEL IDRIS
1812 EGHAREVBA ERNEST F 1889 EKOP MFON DANIEL 1966 EMMANUEL SOLOMON
1813 EGHWEREHE EJOVI JUDITH 1890 EKPA MAGNUS YUNISA 1967 EMMANUEL ULEGEDE
1814 EGONWA IRENE 1891 EKPE JOHN AMAECHI 1968 EMMANUEL VICTOR CHINEDU
1815 EGUNJOBI PEMBA 1892 EKPE JONAH ETIM 1969 EMOKPAIRE OGWIHI
1816 EGUWIM IJEOMA FLORENCE 1893 EKPE V CHRIST 1970 EMUCHEYA VICTORIA ESTHER NKEMJIKA
1817 EGWEBE NAILAH 1894 EKPENDU BEAUTY IFEOMA 1971 EMUSA DATANIA NENGI
1818 EGWUATO NONSO 1895 EKPENYONG LUCY MICHAEL 1972 ENAHOLO EROMOSELE OZIEGBE
1819 EGWUATU CHUKWUGOZIE CHUKWUMA MARCEL 1896 EKPO EKPENO ITA 1973 ENAHORO VICTOR
1820 EGWUATU NDUBUISI DONS 1897 EKPO ISONGUYO MATTHEW 1974 ENANG GLORY
1821 EGWUATU NDUBUISI DONS 1898 EKPO NAOMI 1975 ENANG GLORY B
1822 EGWUATU NMESOMA JENIFAR 1899 EKPO UCHE 1976 ENANG MICHAEL ECHEMI
1823 EGWUATU THERESA NWANYIBUTE 1900 EKUASE UHUNONA ELIZABETH 1977 ENE AGBO
1824 EGWUENU OBIAJULU 1901 EKUKU OMOREGIEVA SUNDAY 1978 ENEBUSE MARIA
1825 EGWUTUHA IFEANYI PAULINUS 1902 EKUNDAYO OLABODE 1979 ENEBUSE MARIA D
1826 EHI CHIKOJILI MOSE 1903 EKUNDAYO OLUWATAMILORE 1980 ENECHUKWU OSITA FREDRICK
1827 EHIAGWINA AGATHA OSEMUDIAMEN 1904 EKUNG TINEKAJAWANI 1981 ENEFIOK MFONOBONG
1828 EHIKIOYA DADA AYO 1905 EKURE JOHN 1982 ENEH AMINU
1829 EHIKODI GINA 1906 EKWE JONATHAN SAMUEL 1983 ENEKEBE CHINEDU
1830 EHIMAH EGO FARIDA 1907 EKWE OKORIE JOHN 1984 ENEKEBE NKECHI CHRISTINE
1831 EHINDERO MICHAEL OLUWATUYI 1908 EKWE OKORIE JOHN N 1985 ENEKHIMION IYARE
1832 EHINMISAN OLATOMIDE FRANCIS 1909 EKWERE EMAH GODWIN 1986 ENENCHE FRANCIS OGBECHE
1833 EHOYE NABLEYI 1910 EKWERE EMAH GODWIN O 1987 ENEUDE EJIKE FRANK
1834 EIGBIREMHONLEN PHILIP EHIABII 1911 ELAIGU ANDREW EKWUOJO 1988 ENGOM EMMANUEL ANZAKU
1835 EIGBOKHAN GODWIN EHIMEN 1912 EL-BASHIR ABDUL 1989 ENI KYIJIAOSOWO
1836 EILJAH GINGTON 1913 EL-BASHIR LAWANI 1990 ENI N EHIS K.
1837 EJALONIBU MUKAILA AKANJI 1914 ELEANYA KALU VICTOR 1991 ENILOLOBO DEBORAH AYOKUNMI
1838 EJE EZEKIEL ODEY 1915 ELEBUTE SULAIMON 1992 ENINOBOR LEWIS UFUOMA
1839 EJEH OBAGWU 1916 ELECHUKWU LOVEDAY 1993 ENO AKAN
1840 EJEM OBUMNEME M. 1917 ELEDU EBE EDITH 1994 ENO EMANGHA OMINI
1841 EJEMBA ISREAL IFY 1918 ELEDU OGBONNA EDITH 1995 ENOCH CHIMEZIE CELESTINE
1842 EJEMBI PETER PATRICIA 1919 ELEGEONYE JOSHUA CHINEDU 1996 ENOCH KELECHI JOHN

2016 Standard Alliance Insurance Plc
and Its Subsidiary Company
ANNUAL
REPORT

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144

Unclaimed Dividend

1997 ENOGIERU GLADYS 2074 ESSUMAI WINGLE 2150 FABIYI OPEYEMI REBECCA
1998 ENOGWE CHIDOZIRI CLARIBEL 2075 ESTHER ABEL 2151 FABORODE OLUWATOYIN MURTALA
1999 ENTONU GRACE 2076 ESTHER EACHA 2152 FABUSIWA OLUWASEUN TEMITOPE
2000 ENUBUZOR MONICA OYEMEN 2077 ESUMOBI KAMBO 2153 FABUSIWA VICTOR TEMITAYO OLUWATOBI
2001 ENUGUZO SAMUEL 2078 ESUOLA RAJI MOYOSORE 2154 FADAIRO ABAYOMI PAUL
2002 ENUNWA NKECHI 2079 ETA OBETEN JUNIOR 2155 FADAIRO ABIDEMI OLAMITOKUN
2003 ENWEMADU CHIEDU ANDREW 2080 ETCHIE ESIMAJE 2156 FADAIRO JOHN KAYODE
2004 ENWEREM OGBONNYA U.A. 2081 ETCHIE JOHN 2157 FADEKE ALIU
2005 ENYE PETER AYO 2082 ETENG ETENG MBANG 2158 FADEKEMI ADAMS
2006 ENYEKWE IDARA 2083 ETERIGHO ALEXANDER 2159 FADIMU YETUNDE
2007 ENYEKWE IDARA E 2084 ETERIGHO ALEXANDER K 2160 FAGBAMILA REMI
2008 ENYIA FIDELIS CHUKWUEMEKA 2085 ETIENO MFON 2161 FAGBEMI BISAYO OMOGORIOLA
2009 ENYIDIA ORISEH 2086 ETIM ANTAN EFFIOM 2162 FAGBOHUN OLUWAKEMI HELEN
2010 ENYINA FAITH 2087 ETIMENSI SUNDAY 2163 FAGBOLADE OLUTAYO
2011 ENYINA FAITH Y 2088 ETINI EHIS 2164 FAJANA DAVID OLUWASESAN
2012 ENYINNAYA JULIANA ANAYOCHI 2089 ETINI RAYGIN 2165 FAJANA OMOLOLA DEBORAH
2013 ENYINNAYA JULIANA SARAH 2090 ETINI RAYGIN Y. 2166 FAKAYODE OLATUNBOSUN ANTHONY
2014 EPANG ABENI RITA 2091 ETOFILS VENTURES NIG LTD 2167 FAKUNLE YETUNDE ELIZABETH
2015 EPANG KESIA 2092 ETOH DANIEL CHIBUIKEM 2168 FAMIWO OLUWAGBEMIGA VICTOR
2016 EPHRAIM KASIMU 2093 ETOKWUDO IFEYINWA AUGUSTINA 2169 FAMUREWA DAMILARE ELIJAH
2017 EQUERE PROMISE 2094 ETUKUDO INYANG VINCENT 2170 FAPOHUNDA KIZITO
2018 EQUERE PROMISE E 2095 ETUKUDO NKORI 2171 FAPOHUNDA KIZITO N
2019 EQUINOX PROPERTIES LIMITED 2096 ETUKUDO NKORI B. 2172 FAPONLE JOHN ADEBISI
2020 EQUINOX ASSET MANAGEMENT LIMITED 2097 ETUNYA BLESSING 2173 FARINRE JOHNSON
2021 EQUINOX CONSULTING LIMITED 2098 EUCHARIAH BOSE 2174 FARINRE JOHNSON Z
2022 ERABOR PHILIP 2099 EVELYN OTUDEKO 2175 FARINTO OLALEKAN
2023 ERAKPOTOBOR KEON 2100 EVERGREEN FARMERS CICS LTD 2176 FARINTO OLA-SAMME
2024 EREH DAVID 2101 EVERGREEN PHC UNIQUE COOP. INV. & 2177 FARINTO OLA-SAMOLA
2025 ERENGAKA JABARI CREDIT SOC. LTD 2178 FARINTO OLA-SAMUEL
2026 EREOLA MUIDEEN ADEROJU 2102 EWALEFO EMMANUEL EHIDIAMEN 2179 FARINTO SAMUEL
2027 ERETAN FESTUS OLANREWAJU 2103 EWALEFO GLORIA 2180 FARINTO SAMUEL OLALEKAN
2028 ERIKAN JOSEPHIN U 2104 EWERE WILFRED 2181 FARODOYE OLAWALE
2029 ERIKAN JOSEPHINE 2105 EWOULA OLUWAFISAYO 2182 FAROUK IBRAHIM BABA
2030 ERIKI ISOKPEHI EMMANUEL 2106 EWULU ANTHONIA NGOZI 2183 FARQUAH AKPOTU GRACE
2031 ERIN PRINCE 2107 EXITGATE RESOURCES LIMITED 2184 FASANMI ADEYEMI ADE
2032 ERINFOLAMI OLA OMOLARA 2108 EYAH SUNDAY KENNETH 2185 FASANMI MARGARET BOLA
2033 ERINLE OLAMIDE OLANIYI 2109 EYESEMUAN WALTER 2186 FASANYA JONATHAN OLEKE
2034 EROMOSELE ELEDU MICHEAL 2110 EYIBO JUMA 2187 FASESIN SAMSON KUNLE
2035 EROMOSELE STEPHEN 2111 EYIMOFE BARBER 2188 FASHANU OLUWATOSIN MARY
2036 ERONDU ELIJAH ERONDU 2112 EYO ANIETIE ASUQUO 2189 FASHOLA FEMI
2037 ERONINI KANENE 2113 EYONG MARILIN EKANEM 2190 FASHOLA MOSHOBOLANLE JUBRIL
2038 ERUANOVUE OKPOKOR EDUN 2114 EZE AUGUSTIN IKECHUKWU 2191 FASHOLA MUDASHIRU OLAYINKA
2039 ERUGO CHINEDUM EZENWA 2115 EZE CHIKE LEO 2192 FASISI ABAYOMI ABIODUN
2040 ERUGO CHINYERE 2116 EZE CHUKWUEBUKA TADIMMA 2193 FASUBAA AJADI
2041 ERUGO EZENWA CHINEDUM 2117 EZE DEBORAH 2194 FASUGBA AFOLABI OLUMIDE
2042 ESAN JAYVYN 2118 EZE IROHA URUM 2195 FATAI OLUFESO
2043 ESANG EKOM EFIONG 2119 EZE JULIET UCHECHUKWU 2196 FATAI SERIKI
2044 ESEDERE OMOTEJERE SARAH 2120 EZE NWANI PETER 2197 FATIMA BARUWA
2045 ESEDERE OMOTUNDE BEATRICE 2121 EZE PHILIP 2198 FATIMOTA YAKUBU AMOPE
2046 ESEGBONA KACHUKWU 2122 EZE STANLEY 2199 FATINIKUN ADENIKE IBIYEMI
2047 ESEGBONNA SOLOMON 2123 EZE SUNDAY FRANCIS 2200 FATIREGUN ADEDAMOLA
2048 ESEGBONNA SOLOMON E 2124 EZEAGWASINWA KENECHUKWU CHIJINDU 2201 FATIREGUN ADEDAMOLA
2049 ESEIGBE KARIMAH 2125 EZEAMA BENJAMIN 2202 FATIREGUN AGBOOLA
2050 ESEKA EJIME PAUL 2126 EZEAMA CHINEDU EZEAMA 2203 FATIREGUN AGBOOLA OMOWUNMI
2051 ESENEH JOAN EBINEHITA 2127 EZEANI GERALD ARINZE 2204 FATIREGUN AGBOOLA OMOWUNMI
2052 ESENYIE KADIJA 2128 EZEANI JOSEPHINE NKIRU 2205 FATIREGUN AGBOOLA OMOWUNMI
2053 ESEWE PROSPER 2129 EZEANI OZOR CHRIS 2206 FATIREGUN EMMNAUEL O
2054 ESEWE PROSPER H 2130 EZEANYA CHINWE NENKA 2207 FATIREGUN FALILAT
2055 ESEZO DEJI 2131 EZEANYA NGOZI NKIRU 2208 FATIREGUN KOFOWOROLA F.
2056 ESEZOBOR DELE 2132 EZEBUIKE OGUGUA COLLINS 2209 FATIREGUN OMOLARA
2057 ESEZOBOR DELUWA 2133 EZEBUIRO IGNATIUS 2210 FATIREGUN OMOLARA OLUWATOYIN
2058 ESHEMOKHAI EMMANUEL EKPESHE 2134 EZECHUKWU ROSELINE IFEOMA 2211 FATIREGUN OMOLARA OLUWATOYIN
2059 ESHIET ANURI PETER 2135 EZEGWO CHIKE 2212 FATIREGUN OMONIYI
2060 ESHIET ANURI PETER W 2136 EZEIFE EBERE MERCY 2213 FATIREGUN OMONIYI ADEBODUN
2061 ESHO JOSHUA OLUWAFEMI 2137 EZEIMO OKWUNNADI 2214 FATIREGUN OMONIYI ADEBODUN
2062 ESHOKHAI PAUL SUNDAY 2138 EZEKWEM FRIDAY J. 2215 FATOKI ADEBISI PAUL
2063 ESIAGA ISOKE 2139 EZEMA IJEOMA FAVOUR 2216 FATOKUN ABDULFATAI ALABI
2064 ESIBENNE KINGSLEY AJOMIWE 2140 EZENDU VICK 2217 FATUYI OMOWONUOLA STEPHANIE
2065 ESIENUMOH ESHIETT 2141 EZENNIA IKEMEFUNA IKENNA 2218 FATUYI SAMUEL OLUSEGUN
2066 ESIENUMOH ESHIETT D 2142 EZENWA JOY UKAMAKA JOSEPHINE 2219 FAUZANA IFEDAYO
2067 ESINWOKE CHERISH 2143 EZENWAJIAKU ONYENKA DONATUS 2220 FAUZANA IFEDAYO J
2068 ESSEH EMMANUEL OTHOWARONA 2144 EZEOKOYE UJU 2221 FAWUMI HART
2069 ESSEH ESTHER OLABISI 2145 EZEUKO PAUL OBUM 2222 FAWUMI HART S
2070 ESSIEN ESTHER BASSEY 2146 EZEWANJIAKU CHIKA EMELDA 2223 FAYE IGBEHINADARA
2071 ESSIEN KOOFREH CHARLES 2147 EZUMA DANIEL NDUBUISI 2224 FAYELE MODUPE ELIZABETH
2072 ESSIEN PATRICK FRIDAY 2148 EZUNAGU ANTHONY EMEKA 2225 FAYEMO MICHAEL ADEBAYO
2073 ESSIEN PETER 2149 EZUTAH NNENNAYA-IGBO L. 2226 FAYEOFOBI JUDE W

2016 Standard Alliance Insurance Plc
and Its Subsidiary Company
ANNUAL
REPORT

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145

Unclaimed Dividend

2227 FAYEOFORI JUDE 2304 GODSWILL KAYODE 2381 IBE JULIUS
2228 FOLUKE JEGEDE 2305 GODSWILL NWIGWE OLAWREWAJU 2382 IBE UCHE CHRISTIAN
2229 FRANCIS BOLANLE 2306 GODWIN OBIAGELI 2383 IBEGBULEM CHRISTOPHER
2230 FRANCIS U ESSIEN 2307 GODWIN OKECHUKWU KELVIN 2384 IBEGBULEM CHRISTOPHER B.
2231 FRANK AKEEM 2308 GOERGE MOPESOLA 2385 IBEH FRANCIS ONYEMAEME
2232 FRANK EKPE BRITUS 2309 GOMINA CHIDUME 2386 IBEH LOUIS MADUABUCHI
2233 FREE POIT SOLUTION SERVICES LTD 2310 GONI SERIKI 2387 IBEKWE ABAZU
2234 FREGENE ALEX ABOYOWA 2311 GONI SERIKI P 2388 IBEKWE ANGELA OSITA
2235 FRIDAY BELLO 2312 GORIOLA MOLAKE 2389 IBEKWE COLLINS OKWCHUKWU
2236 FRIDAY EKPE 2313 GRACE OBENDE BOSE 2 2390 IBEKWE COLLINS OKWCHUKWU
2237 FRIDAY OTUAMAEJE ONYECHE 2314 GRACE OSAMUDIAME 2391 IBEKWE DANIEL DIKE
2238 FRONT RUNNER GLOBAL INVESTMENT LTD 2315 GRANT PHILLIPS 2392 IBEKWE IBRAHIM
2239 FUBARA SALEH PETER 2316 GREGORY-UBIGEN NOSA FYONNA 2393 IBEME INEMESIT
2240 FUBARA SALEH PETER D 2317 GUASO MOSES MUSTAPHA 2394 IBEME INEMESIT X.
2241 FUNMI OYEMADE 2318 GUMBI JAIWO 2395 IBENEZI CHIKA THEOPHILUS
2242 FUNMILAYO BIMBO 2319 GUMBI TAIWO R 2396 IBEREDEM STANLEY
2243 FUNMILAYO ONI 2320 GUSEN KENNETH 2397 IBEREDEM STANLEY M
2244 FUNSO OPENIBO 2321 GUSEN KENNETH B 2398 IBESON CATHERINE AMAECHI
2245 FUSL NOMINEE A/C ADEBOLA KALE 2322 GWAZU OLALEYE 2399 IBEZIAKO JOYCE UGOCHI
2246 FUSL NOMINEE A/C ADERONKE KALE 2323 GWOM DEREFAKE 2400 IBEZIM JOHN OKEY
2247 FUSL NOMINEE A/C ADETORO KALE 2324 GYANG MANCHA PETER 2401 IBIANG LOYOE NWANKE
2248 GABARI BOLAJI ADENIKE 2325 HABEEB AZUKA 2402 IBIDAPO GBADEBO
2249 GAIYA ALIYU RIFKATU 2326 HABIB ADE 2403 IBIFUBARA CHIDI RAYMOND
2250 GALADIMA GLADYS 2327 HADOME NGOZI 2404 IBIFUBARA CHIDI RAYMOND W.
2251 GAMBO NAFISAT 2328 HAIGBE OKON 2405 IBIGBAMI ADENIKE MODUPE
2252 GANIYU ADEDOTUN 2329 HALILU IJEOMA LEWISIK 2406 IBIKUNLE ISAAC FOLORUNSHO
2253 GANIYU AHMED 2330 HALILULAHI FARUK 2407 IBITOYE AREMU OLANREWAJU
2254 GANNY PETER AFOLABI 2331 HALIM FARUK OLUWATIMILEHIN 2408 IBITOYE OKONGWU
2255 GARBA AGNES AJANI 2332 HALIM FATIMA OLUWADAMILOLA 2409 IBITOYE SAMUEL OLUSEGUN
2256 GARBA HAFSAT DANLADI 2333 HALIMA ALAO 2410 IBIWOYE ABIGAIL ADESOLAPE
2257 GARUBA YAHAYA 2334 HALIMA PHILOMENA 2411 IBIWOYE JOSEPHKING AYOMIDE
2258 GASL-NOMINEE LTD-DABANA ACCT. 2335 HALIMAT EMEKA 2412 IBIWOYE SAMUELKING MAKINDE
2259 GAZA ISSAKA 2336 HAMEED MARTINA 2413 IBIYEMI OLAWEPO
2260 GBABO DAVID PEREKEBINA 2337 HAMID GANIU BABATUNDE 2414 IBIYINKA AKINSEMOYIN
2261 GBADAMOGHO CYINTA N 2338 HAMMED SHAHEED 2415 IBOLO VIVIAN IGHOWHO
2262 GBADAMOSI KASALIYU AYOBAMI 2339 HAMMED SHAHEED D 2416 IBONG ITORO NYONG
2263 GBADAMOSI MUYIDEEN WALE 2340 HAMZA SHEHU 2417 IBRAHAM OLUWASEUN
2264 GBADAMOSI OWODAMOLA 2341 HAMZAT OLASUNKANMI TAOFFET 2418 IBRAHEEM ABUBAKAR IBN
2265 GBADEBO VICTOR OLUWATIMILEYIN 2342 HANDEL YEMI 2419 IBRAHIM AISHA PATIENCE
2266 GBARAMOGHO CYNTA 2343 HARBOR CHUKWUEMEKA LLOYD 2420 IBRAHIM ANJI YUNUSA
2267 GBE BARRY PERE 2344 HARRIS FUNMI 2421 IBRAHIM BALA
2268 GBENEDIO HENRY KESIENA 2345 HARRISON IBINGIBO IBIFURO 2422 IBRAHIM BELLO
2269 GBENGA ONI IJEGBULEN 2346 HARRY OYINLOLA 2423 IBRAHIM GBOLAHAN
2270 GBINDINNINUOLA ISMAIL KEMI 2347 HART CHRISTINE 2424 IBRAHIM HABIB ADEYINKA
2271 GBINDINNINUOLA ISMAIL OLUWAKEMI 2348 HARU IBRAHIM 2425 IBRAHIM JAMIU OMOTAYO
2272 GBINDINNINUOLA OLAYINK SUBOMI 2349 HARU IBRAHIM W 2426 IBRAHIM KHALEEL
2273 GBOKOYI MARTINS OSHINTOLA 2350 HARUNA MOHAMMED 2427 IBRAHIM LATIF
2274 GBOLABO OLAYIWOLA 2351 HARUNA NUMMI 2428 IBRAHIM MUHAMMAD BARU
2275 GBOLABO SENBAJO 2352 HARUNA NUMMI N 2429 IBRAHIM MUSA
2276 GBOYEGA COSIN 2353 HARUNA SARUMI 2430 IBRAHIM SAMUEL
2277 GBOYEGA DEJI 2354 HARUNA T WAZIRI 2431 IBRAHIM VICTOR
2278 GBOYEMI ISREAL OLUWADUROTIMI 2355 HASHIM ADEOLA MUTIU 2432 IBRAHIM VICTOR B
2279 GBOYEMI OLUWATOYIN 2356 HASSAN CHUWA 2433 IBRAHIM YAHAYA OLUWAROTIMI
2280 GBOYEMI TAIWO 2357 HASSAN CHUWA G 2434 IBUBELEYE VICTOR
2281 GEGELESO BABAJIDE ADE 2358 HASSAN DAVID 2435 IBUBELEYE VICTOR A
2282 GEORGE AYORINDE ABIODUNRINDE 2359 HASSAN EMMANUEL 2436 IDA PHILIP
2283 GEORGE GEORGE JOHN 2360 HASSAN KAYODE RAHEEM 2437 IDAKWO EICHAYI NAOMI
2284 GEORGE GEORGINA WEIGETUMBRA 2361 HASSAN LAWAL JUMMIA 2438 IDEAL BUSINESS LIFE INTERPRISES
2285 GEORGE GRACE ALAERE 2362 HASSAN LAWAL JUMMIA N 2439 IDEBOGHIE MICHEAL
2286 GEORGE HARRY 2363 HASSAN MOHAMMED NUHU 2440 IDEHEN EMMA
2287 GEORGE ODODO 2364 HASSAN OLADIMEJI 2441 IDEM GEORGE
2288 GEORGE TOYIN EBI 2365 HASSAN SHERRY OLASUMBO 2442 IDEM GEORGE I
2289 GEORGE-AHIRU GBOYINDE 2366 HASSANAT SWEET 2443 IDIAKHEUA TINA AIWANEHI
2290 GEORGEWILL BRIDGET 2367 HENRY TOLULOPE 2444 IDIATA EBAS
2291 GEORGEWILL BUKOLA 2368 HENSHAW CHINONYE 2445 IDIATA EBAS J
2292 GIMBA HARUNA AYUBA 2369 HILARY HENRY 2446 IDIKA VIVIAN NNEKA
2293 GISANRIN OLUWATOSIN 2370 HUGH ALLI 2447 IDIKAN BOLAJI
2294 GISANRIN ROBERT 2371 HUSSANI STEVE 2448 IDIOK ODOM
2295 GIWA ADAMSON 2372 HYACINTH SAOLA 2449 IDIONG ADETOKUNBO
2296 GIWA MORILIATU IYABO 2373 IBAMA PHILIPS 2450 IDISI CHRISTIAN OGBENEME
2297 GIWA MOTOLANI OLASUNKANMI 2374 IBAMA PHILIPS W. 2451 IDOGA ELIZABETH EYUM
2298 GIWA RAIMOT 2375 IBANGA DANIEL MOSES 2452 IDOKO CHRISTIAN
2299 GIWA-OSAGIE RHODA ESOSA 2376 IBANGA EKERETTE BERNARD 2453 IDONGESIT ABDULRAHMAN
2300 GLADYS JOSEPH 2377 IBANGA IBANGA GLORY 2454 IDONGESIT VICTORIA
2301 GLOBAL ASSET MGT. LTD-TRADED-STOCK-A/C 2378 IBANGA IBANGA GLORY Q. 2455 IDONGESIT VICTORIA G
2302 GLORY OHIOMAH NERILAGHABOFA 2379 IBANGA IFEOMA 2456 IDORENYIN ABASIYE
2303 GODONU SOYINDE ALBERT 2380 IBE ETTE 2457 IDORENYIN ABASIYE P

2016 Standard Alliance Insurance Plc
and Its Subsidiary Company
ANNUAL
REPORT

PAGE

146

Unclaimed Dividend

2458 IDORENYIN FRANKLIN 2535 IGBONUSI NNAMDI CHRISTIAN 2612 IKENNA SHOLA
2459 IDORENYIN FRANKLN B 2536 IGBONUSI VICTOR 2613 IKEUBA LAWRENCE
2460 IDORENYIN KABIRI 2537 IGBOR VICTOR NINTOR 2614 IKHAYERE OMONEFE
2461 IDORO BELIEVE 2538 IGBUDU OREVAOGHENE GODSWILL 2615 IKHIMIOYA DOEGHOBONE ONOME
2462 IDOWU ADEGBOYEGA 2539 IGE AJOKE 2616 IKHIMIOYA EROMOSERE PRINCEWILL
2463 IDOWU ADEKUNLE 2540 IGE ANIKE 2617 IKHIMIOYA EZOMO
2464 IDOWU ADEKUNLE 2541 IGE ELIZABETH 2618 IKHIMIOYA OLOHIGBE GODGIFT
2465 IDOWU ADELEYE OLUSANYA 2542 IGE ESTHER 2619 IKHIMIOYA OMOZUANUBO GEOFREY
2466 IDOWU ADEOLA 2543 IGE LOLA 2620 IKINNA NOJI
2467 IDOWU AKINLOLU SOLOMON 2544 IGE OLAYINKA 2621 IKO BUKOLA E
2468 IDOWU AMOS 2545 IGE OLUFUNMILAYO 2622 IKO ESTHER B
2469 IDOWU ATOBITE 2546 IGE OMOLADE PHILLIP 2623 IKOGHO BENJAMIN F.
2470 IDOWU BASHIRU 2547 IGE OYINKANSOLA 2624 IKON NEHEMIAH
2471 IDOWU BISI 2548 IGHALO DAVID 2625 IKON NEHEMIAH E.
2472 IDOWU CHRISTIAN 2549 IGHEBUIKE OBINNA CHARLES 2626 IKON PETER
2473 IDOWU EBUN 2550 IGHIWIYISI EKI 2627 IKON PETER Q.
2474 IDOWU FRANCISCA 2551 IGHO EFE PHILIPS 2628 IKONOH ABDULFATAI
2475 IDOWU FUNMILAYO CHRITIANA 2552 IGHODALO E.O.CHRISTOPHER 2629 IKORDEME INYANG
2476 IDOWU GRACE 2553 IGNATIUS OKWUTE 2630 IKPA FRANKKY INALEGWU
2477 IDOWU JOHN 2554 IGOLO A PETERSON 2631 IKPATI JOHN
2478 IDOWU KATE 2555 IGUE EHI FEDELIS 2632 IKPATT JOHN P.
2479 IDOWU LANRE 2556 IGUNBOR-OZOH OFURE HILDA 2633 IKPE CALLISTUS
2480 IDOWU MOSES OLUSESAN 2557 IGWE ALEXANDER OLISEMEKA 2634 IKPE JOEL
2481 IDOWU MUSEWDIKU 2558 IGWE CAROLINE UNANAYA 2635 IKPE JOEL E
2482 IDOWU OLASUNBOMI ENITAN 2559 IGWEBIKE ANSELM NDIDI 2636 IKPEAMANZE AMAUCHE CHINYERE
2483 IDOWU OLAYEMI 2560 IGWEBUIKE BIOSA 2637 IKPI EMMANUEL FRANCIS
2484 IDOWU OLAYINKA 2561 IGWEGBE FUNMILAYO 2638 IKPI IMOH FRANCIS
2485 IDOWU OLAYINKA 2562 IGWEH AJA DENNIS 2639 IKUJESIN MODUPEOLA OLUWASEYI
2486 IDOWU OLAYINKA MUSEWDIKU 2563 IGYANOR JOSEPH 2640 IKUOMENISAN BUKOLA
2487 IDOWU OLISAEMEKA 2564 IHEANACHO JOSEPH CHIMAMKPAM 2641 IKUSEBIALA BUSAYO
2488 IDOWU OLUFEMI 2565 IHEANAETU ABEL 2642 IKWU ANKELI DANIEL
2489 IDOWU OLUSESAN 2566 IHEJIAGWA KENNETH CHIDI 2643 IKWUEZE EUNICE NWANNEKA
2490 IDOWU OLUSESAN MOSES 2567 IHEJIRIKA EMEKA MMADUABUCHUKWU 2644 ILEGBINIJIE EDITH LUCY
2491 IDOWU OLUWADAMILOLA 2568 IHEKUNA KEVIN CHIDIEBERE 2645 ILEKA OLAOYE
2492 IDOWU OLUWATOBI 2569 IHEMADU FAVOUR CHINOMSO 2646 ILESO FELIX ADEOYE
2493 IDOWU OLUWATONI 2570 IHEMADU RITA CHISARA 2647 ILOKA AMAKA PERPETUA
2494 IDOWU OLUWATOSIN 2571 IHETUGE GOODNESS NWADINMA 2648 ILOLAWOLE OLADIMEJI
2495 IDOWU ORINAYO 2572 IHIME ALBERT 2649 ILORI ISAAC BABATUNDE
2496 IDOWU OYINDAMOLA 2573 IHUNDA EZEKIEL 2650 ILORI KUBURAT TOPE
2497 IDOWU RAMOTA 2574 IHUNDA EZEKIEL E. 2651 ILORI SIMBI AJOKE
2498 IDOWU SOARES 2575 IHWIRO GIDEON NWAEZE 2652 IMAAH JUBRIL
2499 IDOWU TARA 2576 IIJEOMA OWUEGBULE 2653 IMAAH JUBRIL J.
2500 IDOWU VICTORIA TEMILOLA 2577 IJAGBUYIRO OFUASE 2654 IMADOJEMU VIVIAN
2501 IDRIS OMODUNNI 2578 IJAOPO ISSAAC OJO 2655 IMAEKHAI OSHOBUGIE EMMANUEL
2502 IDRIS YAKUBU 2579 IJEOMA AGBASI 2656 IMAFIDON FRANCISCA E.
2503 IFEANYI - OKORO SYLVIA NECHI 2580 IJEOMA NWABUEZE JUSTICE 2657 IMAGHODOR BERNICE AMASIHOHU
2504 IFEANYI OKAFOR 2581 IJERE IJEOMA 2658 IMANE (DISTRICT) DEVELOPMENT UNION
2505 IFEANYI ROSE O 2582 IJOMA SANDRA ADAOBI 2659 IME BASSEY COLLINS
2506 IFECHUKWU DARE 2583 IKA TEGA 2660 IME BASSEY COLLINS P
2507 IFECHUKWU STEPHEN A. 2584 IKANDU GEORGEWILL UBANI 2661 IMEH VICTORIA
2508 IFEDAYO AKINLA 2585 IKE AUGUSTINE C 2662 IMEKA FAITH
2509 IFEDIORA CHUKWUNONSO 2586 IKE OKWUCHI 2663 IMEKA FAITH C
2510 IFEKPOLUGO FADIJI 2587 IKEAGU NNAMDI MICHEAL 2664 IMEKA MIRACLE
2511 IFEKPOLUGO FADIJI E. 2588 IKEBEOTU EMEKA 2665 IMEKA MIRACLE X
2512 IFENNA DONATUS EMEODI 2589 IKEBUWA LUCKY 2666 IMEKA NGOZIKA
2513 IFEOMA AKPAN 2590 IKECHUKWU ANDREW 2667 IMEKA NGOZIKA V
2514 IFEOMA ODUNARO 2591 IKECHUKWU BLESSING 2668 IMEMA KENNETH
2515 IFETAYO JUMOKE ELIZABETH 2592 IKECHUKWU WILFRED U 2669 IMOH JEREMIAH
2516 IFEZUE CHIJIOKE OGOCHUKWU 2593 IKECHUU BONAVACH OKWOMMA 2670 IMOH JEREMIAH R
2517 IFEZUE SOPHIA ANGEL 2594 IKEDIASHI JOSEPH CHUKS 2671 IMOSEMI DONALD OREOSE
2518 IFEZUE ZANE YORAM CHUKWUEMEKA 2595 IKEDINOBI ESTHER 2672 INAM ABAKASANGA JAMES
2519 IFIDI IKE 2596 IKEDINOBI ESTHER H 2673 INAMETE MAYEN ISAAC
2520 IFIDI IKE R. 2597 IKEDINOBI IKECHUKWUKA 2674 INCHI BALARABE
2521 IFIOK EKPA PETER 2598 IKEDINOBI IKECHUKWUKA F 2675 INEGBENOSUN AUGUSTINE
2522 IFY KENNEDY 2599 IKEDINOBI UCHENDU 2676 INEH ANITA I.
2523 IGALAWUYE CHARLES ONYEKA 2600 IKEDINOBI UCHENDU P 2677 INEH CHIAMAKA IGUGU
2524 IGBAMOSUN LAZS TANEMOLA 2601 IKEDIOFOR SEGUN 2678 INEH CHUKWUMA D.
2525 IGBEGWU MICHAEL UCHECHUKWU OBADIAH 2602 IKEFUNA SAMUEL IKECHUKWU 2679 INEH DAVID
2526 IGBEKA ONAJITE 2603 IKEH CHINYERE 2680 INEH EMEKA
2527 IGBEKOYI AKINYEMI GODWIN 2604 IKEH-UCHE RUBY 2681 INEH ESTHER IYABO
2528 IGBENG BENJAMIN DONATUS 2605 IKEH-UCHE UGOCHUKWU 2682 INEH IFEOMA
2529 IGBIKI NWAMAKA PHILOMENA 2606 IKELEGBE NSIDIGBE 2683 INEH ISIOMA
2530 IGBINOVIA OGUGBUE 2607 IKELEGBE NSIDIGBE I 2684 INEH MARTHA
2531 IGBO JUDE R.A. 2608 IKEM 2685 INEH PETER
2532 IGBOEGBUNAM CHINYERE STELLA 2609 IKENNA CORNELIUS 2686 INHERITABLE WEAITH INVESTMENT LTD
2533 IGBOEKWEZE OLUSOLA 2610 IKENNA GRACE 2687 INIABASI STANLEY
2534 IGBONEME MARK UCHENNA 2611 IKENNA KEMI 2688 INIABASI STANLEY F

2016 Standard Alliance Insurance Plc
and Its Subsidiary Company
ANNUAL
REPORT

PAGE

147

Unclaimed Dividend

2689 INIBEH UKIRU UFOT 2766 IWUOHA UZOMA KENNEDY 2843 JOHNSON IGE OLUWOLE
2690 INIBEHE UKIRI UFOT X. 2767 IYABODE GABRIEL 2844 JOHNSON IGE OMOBOLA
2691 INNOCENT EBELEBE 2768 IYALEKHUE BRIGHT 2845 JOHNSON IGE OYINKANSOLA
2692 INTERNATIONAL BUSINESS SOLUTION LIMITED 2769 IYEH ESTHER CHINYERE 2846 JOHNSON IGE SAMUEL
2693 INYANG IBOROABASI RICHARD 2770 IYEKEKPOLOR EMMANUEL OSAROSEMWEN 2847 JOHNSON IGE TEMITOPE
2694 INYANG IDONGESIT ETIM 2771 IYEN IYAMU 2848 JOHNSON IGE TOBI
2695 IORZUA ALPHA TERLUMUN 2772 IYENGE BOOSHIMA 2849 JOHNSON IGE WALE
2696 IQUO CHUKWUNEYE 2773 IYENGUMWENA ADESINA 2850 JOHNSON NDUBUISI
2697 IRABOR JOHN 2774 IYIOKU ALLEN CHIDOZIE 2851 JOHNSON UFUOMA ABOSEDE
2698 IRABOR PATRICK 2775 IYO DANIEL 2852 JOHUA SHALL DAVID
2699 IRABOR SIMON 2776 IYO DANIEL H 2853 JOKOTADE OPENIRO
2700 IREDIA EVBARUESE EDITH 2777 IZAMOJIE ITOHAN ESTHER 2854 JOKOTOYE OLAWAMIWA GILGA
2701 IRIOGBE EMMANUEL EHIMARE 2778 IZAMOJIE ONOMEN PAULINE 2855 JOLA JOHN
2702 IRIS TRADING & INVESTMENTS LTD 2779 IZEDONMWEN REMI 2856 JOLAIYA JOHN JIDE
2703 IRIVWOTU GABRIEL EVUEVWIE 2780 IZEGAGBE BOSE AIJOHI 2857 JOLAIYA OLUWATOYIN F.
2704 IROAKAZI GODWIN UGOCHUKWU 2781 IZEJIOHA FRANCIS EMEKA 2858 JOLAIYA OLUWATOYIN FELICIA
2705 IRUENE ELFRIDA OKORIKA 2782 IZOEBONIYE FARORE 2859 JOLAOSHO RAMON OWOLABI
2706 IRUNOKHAI BRIGHT EGHIEBADE 2783 IZUAKOR MICHAEL CHIEDOZIE 2860 JOLAOSO AKINWANDE OLUSOLA
2707 ISA LADU ADEJO 2784 IZUDIM ANTHONY CHUKWUDI 2861 JONATHAN BAIYEKYSI
2708 ISA NWOKORO 2785 JABOR JAMES 2862 JONATHAN BANJOKO
2709 ISA SAAMSUDDEN 2786 JACK SOALA ABEL 2863 JONES ADEGBOYE
2710 ISA SAAMSUDDEN E 2787 JACKSON IFIOK AMOS 2864 JONSON IGE TOMI
2711 ISAAC BAYOWA 2788 JACOB AWUGO 2865 JOSEPH CECILIA
2712 ISAAC ISAAC CHIGOZIE 2789 JACOB GEORGE 2866 JOSEPH CHUKWUEMEKA OGO
2713 ISAAC WERUCHE 2790 JACOB GEROGE O 2867 JOSEPH EMITAYO AGNES
2714 ISAH ABDULLAHI 2791 JADEED ALOH 2868 JOSEPH FLORENCE
2715 ISAH ADEJOH 2792 JADEED ALOH D 2869 JOSEPH KOLADE
2716 ISAH SULEIMAN 2793 JADESOLA GLOBAL LINK LTD 2870 JOSEPH MARTINS
2717 ISAHWOZE ELO EUGENIA 2794 JAGODA MICHAEL ANNA 2871 JOSEPH PATRICK
2718 ISEBENI OBARO MARTINS 2795 JAGUN ADETUTU 2872 JOSEPH SINA ALABI
2719 ISEMIN IME JAMES 2796 JAJA CELESTINE NATHAN ROMEY 2873 JOSHUA CHINWE
2720 ISERHIENRHIEN ALFRED EMWANTA 2797 JAJA TAMUWOIBELEMA 2874 JOY ADEGBOLA
2721 ISHEMUHI PRECIOUS BOSEDE 2798 JAJI SHAKI TOYIN 2875 JOY JOHN
2722 ISHIEKWENE OBI RICHARD 2799 JAJI SHAKI TOYIN 2876 JUDE UDEH
2723 ISHOLA MODUPE BLESSING 2800 JAJI SHAKIRAT OLUWATOYIN 2877 JUDITH AWASAK
2724 ISIAKA LUQMAN OMOTOSHO 2801 JAKPA RICHARD EGUORITSE 2878 JULIA EKENE BOLARIN
2725 ISIAKPERE BEAUTY ODEWANURE 2802 JALE BALEWA 2879 JULIET NNAMDI
2726 ISIBOR GODDIE ORHUE 2803 JAMES ADESHINA 2880 JULIUS FEMI JONATHAN
2727 ISIBOR OSAS ENDURANCE 2804 JAMES CHRISTIANA 2881 JULIUS MERCY
2728 ISICHEI DOROTHY 2805 JAMES COLE BUKOLA RONKE 2882 KANYIN SALEH
2729 ISMAIL MACAULAY 2806 JAMES EDIDIONG GODWIN 2883 KAREEM AMIN JUMBO
2730 ISOLA KOLAWOLE SILAS 2807 JAMES KAYODE STEPHEN 2884 KARIMU JOHN ADE
2731 ISOMEKE CHUDI A 2808 JAMES NDUTIMI BEKETIRI 2885 KASA MOHAMMED
2732 ISOMKE CHUDI 2809 JAMES OGBENE GLADYS 2886 KASALI IKOCHUKWU
2733 ISONGUYO PATRICK 2810 JAMES PAUL ESENU 2887 KASHORO FRANKLIN IBIKUNLE
2734 ISONGUYO PATRICK W 2811 JAMES SABO 2888 KASI POLLYN
2735 ISREAL OWOLABI OLATUNJI 2812 JAMES SUNDAY 2889 KASI POLLYN E.
2736 ISYAKU MOHAMMED 2813 JAMGBADI LAWAL 2890 KASIM ABIMBOLA OLAKUNLE
2737 ITODO EJIOFOR SHEDRACK 2814 JATTO FATIMA 2891 KASUMU JAMIYU OLOWOPEKUN-ESOO
2738 ITOHOWO ANIEBO 2815 JAWANDO AYODELE 2892 KATE BULURO
2739 ITOHOWO ANIEBO J 2816 JEARIOGBE TUNDE SEGUN 2893 KATE MOBO
2740 ITORO SAMUEL BASSEY 2817 JEGEDE ADEBAYO THOMAS S 2894 KATUKA JEREMIAH YAKUBU
2741 ITORO SAMUEL BASSEY K 2818 JEGEDE OMOWUNMI ADIJAT 2895 KATUKA JONATHAN YAKUBU
2742 ITUEN NSIKAK ETIM 2819 JEJE JIDE JACKSON 2896 KATUKA YAKUBU THOMAS
2743 ITUMOH AMOBI NELSON 2820 JEMERIGBE TEMITOPE KEHINDE 2897 KAYODE ABI MBOLA MICHAEL
2744 IVIENAGBOR AKPOSIBRUKE 2821 JENNY OGANAH 2898 KAYODE AZEEZ BOLAJI
2745 IWANEFUN ISAAC 2822 JEREMIAH CHUKA 2899 KAYODE FESTUS
2746 IWANEFUN ISAAC S. 2823 JEREMIAH CHUKA B 2900 KAYODE FOLASHADE
2747 IWAYANWU OLUKAYODE 2824 JEROME BRIGGS 2901 KAYODE-MARK MATTHEW ORE- OFEOLUWA
2748 IWEHA OBINWANNE ALOZIE 2825 JHONNY EMEM LIFOT 2902 KAZE PAUL DAVOU
2749 IWEJUA ONYEYECHI BLESSING 2826 JIBRIL MOHAMMED 2903 KAZEEM ADEROJU
2750 IWEKA CHIDUBEM ABATI 2827 JIDE OLANDIE 2904 KAZEEM OLADAPO AHMED
2751 IWERE ABAYE 2828 JIDE-JOHNSON O. OLASUBOMI 2905 KEHINDE ABIOLA TEMITOPE
2752 IWETAN ANIREJUORITSE JANE 2829 JIDEOFOR EZEUGO SYLVESTER 2906 KEHINDE AJOKE
2753 IWO NEMI 2830 JIDEOFOR JACKSON 2907 KEHINDE BUKOLA
2754 IWOBI ADEBUKOLA 2831 JIDEOFOR JACKSON S 2908 KEHINDE OGAGA
2755 IWOK UBONG EDET 2832 JIKA OGUNLEYE 2909 KEHINDE OLAYINKA
2756 IWU FAITH 2833 JIMOH ABIODUN NURUDEEN 2910 KEHINDE OLUDAYO OYELADE
2757 IWU IFEANYI ROGER 2834 JIMOH ASHY 2911 KEJEH PHILIPS
2758 IWUAGWU SAMUEL CHUKWUKERE 2835 JIMOH BUHARI 2912 KEJEH PHILIPS K
2759 IWUANYANWU OLUCHI SOPHIA 2836 JIMOH ENIOLA 2913 KELECHI AGWUOCHA
2760 IWUCHUKWU UDEME 2837 JIMOH FALILAT AGBALAYA 2914 KELECHI EBOH
2761 IWUCHUKWU UDEME O 2838 JIMOH GBENGA 2915 KELECHI SEDE
2762 IWUNO JACK 2839 JIMOH MARY 2916 KELECHUKWU HENRY IKECHUKWU
2763 IWUNO JACK A 2840 JIMOH MARYAM 2917 KELEKUN ISHOLA
2764 IWUOHA ADA AKUNNA 2841 JOHNSON IGE OLUFUNMILAYO 2918 KELVIN TOPE
2765 IWUOHA OLUCHUKWU J. 2842 JOHNSON IGE OLUSOLA 2919 KEMAKOLAM ABDU

2016 Standard Alliance Insurance Plc
and Its Subsidiary Company
ANNUAL
REPORT

PAGE

148

Unclaimed Dividend

2920 KEMIBEFUOJO STEVE G 2997 LAWAL KABIR AYINDE 3074 MAGAJI MALIK D
2921 KEMIBERUOJO STEVE 2998 LAWAL KAFAYAT OLABISI 3075 MAGBAGBEADE GRACE ABOLANLE
2922 KEN OGU 2999 LAWAL KEHINDE 3076 MAIGARI BABAYO MODIBBO
2923 KENNEDY JOHN 3000 LAWAL LUKMAN ABAYOMI 3077 MAIRIGA RUFINA DONGJAAP
2924 KETIKU KAYODE MICHAEL 3001 LAWAL MORENIKE RUKAYAT 3078 MAJARO IBILIBOR
2925 KEWULERE YEMI 3002 LAWAL NIMATALLAHI 3079 MAJEKODUNMI ANABA
2926 KEYE TOYIN 3003 LAWAL OLANIPEKUN 3080 MAJEKODUNMI JOSEPH OLUWAFEMI
2927 KEYE TOYIN V 3004 LAWAL OLATUNJI OWOLABI 3081 MAJEKODUNMI LUDIRAT
2928 KILANKO FIDELIS 3005 LAWAL OLAYEMI JIMOH 3082 MAJID RAYMOND
2929 KILANKO LAWI 3006 LAWAL OLAYEMI SAKIRAT 3083 MAJOROH OGHENEVO CHARLES
2930 KILANKO LAWI E 3007 LAWAL OLAYINKA MUHEEZ 3084 MAKANJU SAM
2931 KINGDOM AIDED IDEAS LTD 3008 LAWAL OLAYOLE WAHEED 3085 MAKANJUOLA FESTUS AYINDE
2932 KINGSLEY AKPASI 3009 LAWAL SAHEED ADEWALE 3086 MAKANJUOLA SAM B
2933 KINGSLEY LAI 3010 LAWAL-ADEBAYO RACHEAL 3087 MAKINDE EFUNYEMI OLAPEJU
2934 KIRPSON OBINNA ODURUKWE 3011 LAWAN AHMAD 3088 MAKINDE OGUNLEYE
2935 KOFFI LAWANI 3012 LAWAN AISHATU 3089 MAKOLO ROLI TOLULOPE
2936 KOFFI LAWANI J 3013 LAWAN AISHATU M. 3090 MALIK FARAJI
2937 KOKUMO FELIX OLUFEMI 3014 LAWAN DANSANDA 3091 MALIK RAMON
2938 KOLA AHMED 3015 LAWAN DANSANDA S. 3092 MALIK TAWA
2939 KOLAWOLE ABUDU 3016 LAWANSON JOHN WOLE 3093 MALIKA ELLA
2940 KOLAWOLE ADEKUNLE SUNDAY 3017 LAWASNSON AKINTUNDE 3094 MALIKA FEMI
2941 KOLAWOLE TAWAKALITU MOJISOLA 3018 LAWRENCE BUNMI 3095 MAMMAN COMFORT KUSANGA
2942 KOLAWOLE-YUSUF OLAMIDE BUNMI 3019 LAWRENCE CHUKWUEMEKA 3096 MAMMAN FATIMA SONIA
2943 KOLEOSO ESTHER AGBOMOALU 3020 LAWRENCE EBUBECHUKWU LAWRENCE 3097 MAMMAN SHANJU VALERY
2944 KOLO ABIMBOLA OPEYEMI 3021 LAWRENCE TUNDE 3098 MAMUDU MARIAM EMIKE
2945 KOMOLAFE OLUWAFEMI 3022 LAWRENCE UGOCHUKWU VICTOR 3099 MAMUDU OMOTOLA MUJIDAT
2946 KOMOLAFE RAPHAEL OLUWAFEMI 3023 LAWSON VICTOR MENSAH 3100 MAMUKUYOMI STEPHEN SOLEDAYO
2947 KOMONE ISAAC AJOKPOGENE 3024 LEBARI STEPHEN 3101 MANAGEMENT EDY
2948 KONDO FARAI 3025 LEBARI STEPHEN F. 3102 MANAGEMENT OYEBODE
2949 KONIBIRE IYABO HANNAH 3026 LEBI MARGARET OLUFUNMILAYO 3103 MANDY MAHN
2950 KORIPAMO WASIU 3027 LEGBO GRACE MAME 3104 MANGAI GODWIN
2951 KOSOKO JUSTINA ABHOHIEN 3028 LEKAN LARABA 3105 MANGIBO MARCUS
2952 KOSONI TIAMIYU 3029 LEKAN OGUNKOYA 3106 MANGIBO MARCUS N.
2953 KOYEJO MUJITAFA 3030 LELEPETERS MIRACLE VIRGINIA MINAWARI 3107 MANU EMMANUEL
2954 KPENOSEN CYRIL OMOJEVWE 3031 LEPDUNG LOUIS GOLECK 3108 MARCUS MBA
2955 KRANTZ PHARM & CHEMICAL LTD 3032 LEWIS TAIWO 3109 MARCUS MBA E.
2956 KUFERABASI PATRICK 3033 LIASU IKENNA 3110 MARCUS TOYIN IDOWU
2957 KUFRE JACOB F 3034 LILLY-TARIAH TELEMA MAGDALENE 3111 MARIMPEX FIN & INVESTMENT 2
2958 KUFRE JACOBS 3035 LIMESHARE INVESTMENT LTD 3112 MARISON CHINWE EZE
2959 KUFREABASI PATRICK J 3036 LIMESHARE INVESTMENT LTD 3113 MARK NZERIBE
2960 KUKU OYEMAKINDE 3037 LINDA DRATT 3114 MARK UCHENNA FREDERICK
2961 KULEPA OSARAGUE 3038 LINKINYO TAIWO OLUSOLA 3115 MARTICALI BRATE INVESTMENT LTD
2962 KULEPA OSARAGUE S 3039 LOTACHI SOLOMON 3116 MARTINS CHIOMA
2963 KUMANE OGHENEVWAIRHE 3040 LOTACHI SOLOMON E 3117 MARTINS IYIOLA
2964 KUPOLUYI RITA 3041 LOUIS EZIOKWU 3118 MARTINS OLU IYIOLA
2965 KUTI COPPER 3042 LUCY AKIN 3119 MARTINS UDOH
2966 KUYE JOSEPH OLUWATIMILEHIN 3043 LUFADEJU ENWELIM 3120 MARTINS YOMI IYIOLA
2967 KWASAU STEPHEN 3044 LUKE AMAKA JENIFER 3121 MARTINS ZOE IFUNANYACHUKWU
2968 LABARAN BENEDICT 3045 LUKMAN SANDRA 3122 MARY AKRO
2969 LADAGU OLUWASEYE 3046 MABAYOJE SUNDAY SAMUEL 3123 MARY ANN DAS
2970 LADAPO OLAJIDE 3047 MABEL AYODELE 3124 MARY EJEH
2971 LADEJOBI OLORUNDARE 3048 MACAULAY IYABO MORENIKEJI 3125 MARY LORA ADEH
2972 LADELE FAITH AYODEJI IFEOLUWA 3049 MADARIOLA BABAJIMI 3126 MARY MARK
2973 LADIPO AYOMUKUN ESTHER 3050 MADUAGWU ANTHONY AZUAMAKA 3127 MARY OLUMUYIWA
2974 LADIPO CHARLES 3051 MADUAGWU CHIZOBA CATHERINE 3128 MARYAM OHIOZE
2975 LADOJA DELE 3052 MADUAGWU JEREMIAH NNANYELUGO 3129 MARYAN KALID
2976 LAGOKE OMOLOLA 3053 MADUBUCHI LEAH 3130 MASHAK HANS
2977 LAI SHOLOLA 3054 MADUBUCHI LEAH K. 3131 MASHAK HANS D.
2978 LAIDE EBENEZER 3055 MADUBUIKE CHRISTIAN CHIBUEZE 3132 MATANA HARITH
2979 LAMID HAKIM AJIBOLA 3056 MADUBUKO A. CHUKWUDI 3133 MATHEW KAYODE OLALEKAN
2980 LAMIDI FATAI ARABA 3057 MADUBUKO ELISHA IHEME 3134 MATHEW MODI
2981 LAMIDI OLASENI TAIWO 3058 MADUEKWE CHUKWUDIKE NNIA 3135 MATILUKO ADEBISI ADEBOJI GBOLAHAN
2982 LANDE IJEOMA 3059 MADUEKWE DROHA JOSEPH 3136 MATO ESSIEN NYAKWO
2983 LARA AJAO 3060 MADUEKWE NGOZI MONICA 3137 MATTHEW AIGBOGUN
2984 LARY LAT EULOGE 3061 MADUEKWE UGOCHUKWU 3138 MATTHEW NKIRU
2985 LASISI LATEEF ABIDEMI 3062 MADUGU CAROLINE KADOON 3139 MATTHEW OLUWATOYIN
2986 LATEEF OJOYE 3063 MADUKA EKENE GODWIN 3140 MAYIKO JOSIAH OWHOBEVUGHE
2987 LATEEF OLIGBO 3064 MADUKA JOHN OBI 3141 MAYSA HIDI
2988 LAURETTA USIADE 3065 MADUKA OLAMIDE 3142 MBA BOLA
2989 LAWAL ADAUTINI H 3066 MADUKWE SUNDAY CHILASA 3143 MBA CHIBUZO COMFORT
2990 LAWAL ADEBANKE AJIBOLA 3067 MADUKWEM UZODINMA MICHAEL 3144 MBA EMEKA
2991 LAWAL ADEKOYA 3068 MAF-GRACES VENTURES 3145 MBA FRANCIS
2992 LAWAL AGWANIHU 3069 MAGADA CHARITY YOROS 3146 MBA GEORGE ONYEBUCHI
2993 LAWAL AKINADE ASIMIYU 3070 MAGAJI BISOLA 3147 MBAEKWE BEATRICE CHIDERA
2994 LAWAL FAGBILE 3071 MAGAJI LAWI 3148 MBAEKWE DANIEL NWAFOR
2995 LAWAL HAKEEM ADEBAYO 3072 MAGAJI LAWI R 3149 MBAGWU TOCHUKWU VICTOR
2996 LAWAL ISMAIL 3073 MAGAJI MALIK 3150 MBAH KELECHI GODWIN

2016 Standard Alliance Insurance Plc
and Its Subsidiary Company
ANNUAL
REPORT

PAGE

149

Unclaimed Dividend

3151 MBAH UZOCHUKWU SOLOMON 3228 MORITIWON FLOARIN GBOLAHAN 3304 NASIR SALISU
3152 MBAKA MATHER MATHER 3229 MOSE AKUME 3305 NDA OKEY
3153 MBANAJA PAULINE CHIOMA 3230 MOSERI ELIZABETH 3306 NDAGI AISHATU
3154 MBASOH HUMPHREY M 3231 MOSES ESEMAYON NATHANIEL 3307 NDAGI HUSSIEN
3155 MBASOH HUMPREY NNODU 3232 MOSES ETTA 3308 NDAGI HUSSIEN R
3156 MBATA JERRY 3233 MOSES HAMID 3309 NDAGI MOSES
3157 MBATA OBI MARK 3234 MOSES ONOVUGHE 3310 NDAGI MOSES D
3158 MBELEDE IFEYINWA 3235 MOSES PASCAL 3311 NDE KENNETH
3159 MBOTO BALOGUN 3236 MOSES SUNDAY OMOLEYE 3312 NDE KENNETH A
3160 MBRUK FAITH 3237 MOTWANI MUKESU 3313 NDEKWE FINN
3161 MBRUK FAITH Q. 3238 MOYO-FALAYI MOFIYINFOLUWA EMMANUEL 3314 NDIDI ANOSIKE CHINWE
3162 MBUBA FOLASHADE 3239 MOYO-FALAYI MOFOGOFOLUWA 3315 NDIFREKE JUDE
3163 MBUK ESTHER 3240 MOYOSORE OLAFISOYE 3316 NDIFREKE JUDE R
3164 MBUK ESTHER F. 3241 MPRADEYO TOMIDE 3317 NDIOLO GABRIEL OKEY
3165 MBUK MBUK FELICIA 3242 MUAZU ABDULLAHI 3318 NDUA MOHAMMED
3166 MBUK MBUK FELICIA T. 3243 MUBARAK ADMORS 3319 NDUBUIZU ADAUGO SANDRINE
3167 MCDONALD MAHA 3244 MUBARAK JELANI 3320 NDUBUKA CHETACHI ELISHA IGBEGWU
3168 MCMMANUEL BENITO 3245 MUDASIRU OLAOLU OLUFEMI 3321 NDUKA CHINWEUBA EVEREST
3169 MEDUGBON MICHAEL MAYOMI 3246 MUFUTAU JELILI ADEKUNLE 3322 NDUKA GLORIA
3170 MEGBA ESROM IYANU 3247 MUFUTAU TAIBAT OMOLARA 3323 NDUKA OKENEYEBUNO EMMANUEL
3171 MEJURU REUBEN OSONDU 3248 MUHAMMAD BELLO ABDULLAHI 3324 NDUKA-NWANZE JOHN OGBOGU OGUM ISAAC
3172 MEKWUNYE AUGUSTINE COLLINS 3249 MUHAMMED BASHIR ABDUL 3325 NDUKE GRACE E.
3173 MEKWUNYE JUDITH EKPELE 3250 MUHAMMED KARIMA 3326 NDUKWE CYNTHIA
3174 MELA OLUCHI JULIANA 3251 MUHAMMED ROKIBAT KOFOWOLA 3327 NDUKWE ESTHER
3175 MELEKWE STEPHEN 3252 MUHAMMED UZOM 3328 NDUKWE MARVELLOUS
3176 MEMPHIS OLUSHOLA 3253 MUHAMMED YISA AYANDA 3329 NDUKWE NELSON EME
3177 MEN FORUM FAMILY MEETING 3254 MUKO CHIBUZOR 3330 NDULUE GENEVIEVE ADAOBI
3178 MEYANBE OLU ADEBISI 3255 MUKO NKECHI PRISCILLA 3331 NDUMELE CHINEDU OKECHUKWU
3179 MGBEADICHIE OKE 3256 MUKO OKORO OLUEBERE 3332 NEBEIFE SOLOMON
3180 MICHAEL ADEKUNLE 3257 MUKO OKORO ONYEDIKACHI 3333 NEBO VICTOR CHUKWUKA
3181 MICHAEL ISAAC KOLAWOLE 3258 MUKO OKORO UBASI NACHI 3334 NEHIKHARE DOSUNMU
3182 MICHAEL MUSA 3259 MUKO PEACE ULOMA 3335 NELSON D JAMES
3183 MICHAEL SOLOMON 3260 MUKO UBSAINCHI 3336 NGOMA LEZI THIERRY
3184 MICHEAL ELIZABETH IFEOLUWA 3261 MUKO-OKORO JOY 3337 NGONADI OBIORA SAM
3185 MIKE ENTERPRISES NIG 3262 MUKTAR ABDULJALAL 3338 NGOWARI CHILAKA
3186 MIKE MADEE 3263 MUNET SAMUEL 3339 NGOWARI CHILAKA R
3187 MILLER BIODUN BODUNDE 3264 MUNIK-SHONIBARE FOLASADE ONIKEPO 3340 NGOZI ADEMOLA
3188 MILLER LIVINUS CHIMEZIE 3341 NGOZI IBRAHIM
3189 MILLION UBA 3265 NAFISAT 3342 NGOZI OHAKIM
3190 MINIMA APRIL ONYINYE 3266 MUONEKE EDWIN 3343 NGOZI THERESA
3191 MIUNIRA KANENE 3267 MUONEKE EDWIN OSITA 3344 NGWABA OBAHOR
3192 MKANG GEORGE 3268 MURI MARK 3345 NGWU JOHN
3193 MKPA MARY 3269 MURITALA AMIRA 3346 NICK BABALOLA
3194 MKPA MARY U. 3270 MURITALA FELIX 3347 NIGBAKUNLE STEPHEN
3195 MKPANG GEORGE O. 3271 MURITALA ISMAILA 3348 NISAKN ESO CLESTUS L.
3196 MKPANG PETER EDET 3272 MUSA 3349 NISAKN ESO CLETUS
3197 MKPOUTO CHRISTOPHER 3273 MUSA ABDURRASHEED RABE 3350 NIYI ABIODUN
3198 MKPOUTO CHRISTOPHER U. 3274 MUSA AHMED 3351 NJERE ANTHONIA KASARACHI
3199 MMA LANMBI 3275 MUSA AISHA RABE 3352 NJKORI NICHOLAS A
3200 MMADU OSOMOND OKECHUKWU 3276 MUSA KOSHOW MANGUL 3353 NJOKU EBERE CATHY
3201 MMADUAGWU REMIGIUS CHIGBO 3277 MUSA MOMODU 3354 NJOKU JULIUS UKACHUKWU
3202 MMADUIGWE UGOCHUKWU 3278 MUSA OLAMIDE DANLA ABUBAKAR 3355 NJOKU MALACHY CHUKWUMA
3203 MNWACHUKWU CHINYERE 3279 MUSA PHILEMON 3356 NJOKU MICHAEL CHUKWUMARAM
3204 MOBOLAJI SOLANKE 3280 MUSA SHAKIRAT 3357 NJOKUOMA VIVIAN AMARACHI
3205 MODUPE FUNMILAYO BOLANLE 3281 MUSA SYLVESTER 3358 NKECHI LASISI
3206 MOGBOLU EMMANUEL 3282 MUSA TAJUDEEN YAKASAI 3359 NKECHI UZUEGBUNAM
3207 MOGBOLU PATRICK NKEMDILIM 3283 MUSA ZAINAB RABE 3360 NKEDILIRIM HARRY L
3208 MOGHALU MAY NGOZI 3284 MUSAYAYI OLUWAKEM 3361 NKEM OMERUEH
3209 MOHAMMED LAWAN HABIBA 3285 MUSBAU ATTEH 3362 NKEMDILI PETER
3210 MOHAMMED NANA FIRDAUSI 3286 MUSILI AHMED DALHOTO 3363 NKEMDIRIM HARRY
3211 MOHAMMED RIANAT 3287 MUSILI AHMED DALHOTO W 3364 NKEMNACHO MOSES
3212 MOJEED ONWUANYI 3288 MUSILIU RAYMOND F 3365 NKEMNACHO MOSES F
3213 MOJOLA KIKELOMO O. 3289 MUSTAPHA AYODEJI MUBASHIR 3366 NKENJIKA BELLO
3214 MOMAH SUNDAY MAXWELL 3290 MUSTAPHA JIDE 3367 NKESE NWAGU
3215 MOMODU MARIAM 3291 MUSTAPHA OLAYIWOLA ABDULWAHAB 3368 NKORI NICHOLAS
3216 MOMODU OMOZOGIE 3292 MUSTAPHA SHITTU OLAREWAJU 3369 NKWUKA SAMPSON
3217 MOMOH GODWIN 3293 MUYIWA OBOYOMI 3370 NMADUFOR BLESSING
3218 MOMOH IZOBO 3294 MUZAN EKPELU VERONICA 3371 NNA ASUKA
3219 MOMOH PHILOMINA 3295 MYIESHA KARIMAH 3372 NNABOGU DON
3220 MONDAY SAVIOUR PETER 3296 N OKARO 3373 NNABUGO DAVID
3221 MONDIUM JOSEPH KAYODE 3297 NABILAH MAHDI EJIS 3374 NNABUGO DAVID E
3222 MONSURUDEEN WISDOM 3298 NAFADA BABANGIDA 3375 NNABUIHE HARBOR IJEOMA OBIAGERI
3223 MONSURUDEEN WISDOM G. 3299 NAFISAH MAHMUD OLU 3376 NNACHETAM FIDELIS CHUKWUJIKE
3224 MORADEYO DAVID ADEMOLA 3300 NAHALATI MULTIPUPRPOSE 3377 NNACHI UKPAI OJI
3225 MORADEYO OLUWADUNSIN DOLAPO 3301 NAMENE WISDOM BARITOSAN 3378 NNAEGBUNA AKUNNA
3226 MORENIKE KELECHI 3302 NANZA DAVID 3379 NNAEGBUNA AKUNNA W
3227 MORENIKEJI FOLAJINMI OYINDAMOLA 3303 NARISA BAPPA 3380 NNAEMEKA CHIDIMMA
NARKEASHA SERAH

2016 Standard Alliance Insurance Plc
and Its Subsidiary Company
ANNUAL
REPORT