Despite the economic situation that characterised the financial year, Cornerstone Insurance Plc said its revenue increased
by 26.5 per cent to N25.91 billion in the December 2023 financial year. The Chairman of the insurer, Segun Adebanji , disclosed this while presenting the financial report to the shareholders at its 32nd yearly general meeting held in Lagos.…
He said the underwriter, alongside its subsidiaries recorded 38 per cent growth in its top line from N22.2 billion in 2022 to N30.6 billion in 2023. by 26.5 per cent to N25.91 billion in the December 2023 financial year. The Chairman of the insurer, Segun Adebanji, disclosed this while presenting the financial report to the shareholders at its 32nd yearly general meeting held in Lagos.…
The stage may be set for a conflict among directors of banks, with the Bank Directors’ Association of Nigeria distancing itself from the position of Femi Otedola on the plan to tax foreign exchange profit of banks. Chief Executive Officer of the Nigerian Exchange Limited Regulation , Olufemi Shobanjo, has stressed the need for the establishment of a unified ESG regulatory body to enhance industry-wide compliance.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cornerstone reorganises processes, redesigns productsAs part of efforts to improve service delivery, Cornerstone Insurance Plc has reorganized its processes and embraced technology.
Read more »
Penny-wise politics: Fiscal discipline as cornerstone of public trustIn recent years, budgetary discipline has emerged as a cornerstone for fostering trust and good governance. As nations grapple
Read more »
Pension Insight: Unlocking homeownership — how pension funds advance housing finance in NigeriaPension funds in Nigeria have become a cornerstone of residential housing financing for Nigeria's workforce.
Read more »
Young Kenyans call for Ruto’s resignation despite cabinet dismissalRuto has been scrambling to contain the fallout of deadly protests against proposed tax hikes, after last month's peaceful rallies ...
Read more »
NDDC resorts to borrowing despite N984b outstandingDespite a compulsory remittance of three per cent of local and International Oil Companies (IOCs) budgets to the Niger Delta Development Commission (NDDC) for the development of the oil rich region, the agency has resorted to borrowing to fund its 2024 budget.
Read more »
Ganduje, Wife’s Trial To Continue Despite Their Absence, Court RulesAbdullahi Ganduje, and others accused of bribery and misappropriation running into billions of naira.
Read more »