– N2.7bn underwriting profit and N849.4m PBT in FY2022. – N2.6bn claims paid in the period under review Heirs Insurance Group, comprising Heirs General Insurance (HGI) and Heirs Life Assurance (HLA), announced a record-high 226% jump in Gross Written Premium (GWP), from N6.1bn in 2021 to N19.9bn for the financial year ended December 31, 2022….
By Gilbert Ekugbe The Feed Industry Practitioners Association of Nigeria (FIPAN), has warned that there would be scarcity of eggs, chicken and livestock feeds in the country if the federal government fail to release grains to salvage the feed industry. The President of FIPAN, Mr. Raymond Isidinaso, gave the warning during an interview where he…
Reports Profit Before Tax of ₦327.4billion Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the period ended June 30, 2023, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦327.4billion, representing an increase of 217.1%…
The Ogun State Community, Social Orientation and Safety Corps, aka So-Safe Corps, has arrested a 20-year-old suspect, identified only as Ridwan, for allegedly killing his father, Ishau, in Oshoku village, in the Ijebu North Local Government Area of the state. Ridwan was alleged to have committed the crime on Thursday, August 31, around 12am. The…
The suspended Chairman of the Ijebu-East Local Government Area of Ogun State, Wale Adedayo, talks to DANIEL AYANTOYE about the allegation of diversion of funds against the State Governor, Dapo Abiodun, and a trending video that showed some council chairmen prostrating themselves before the governor Recently, a team led by the Ogun State Chairman of…
The designer of Nigeria’s national flag, Taiwo Akinkunmi, has died. He was 87 years old. Akinkunmi’s death was announced on Wednesday August 30, 2023 by his son Samuel Akinkunmi via a post on his Facebook page. Samuel in the post wrote “Life is indeed transient; I can say boldly you lived a life with a…
The Board of Directors of Zenith Bank Plc has appointed Dr. Juliet Ehimuan as a Non-Executive Director of the bank effective August 29, 2023. The appointment, which was announced in a statement to the Nigerian Exchange (NGX) Limited on Tuesday, August 29, 2023, has also be confirmed by the Central Bank of Nigeria. Dr Juliet…
Chicago State University, United States has put its X page on private after some Nigerians allegedly stormed the page to inquire whether or not President Bola Tinubu truly graduated from the institution. This is in the wake of a petition filed by the presidential candidate of the Peoples Democratic Party, Atiku Abubakar, in a United…
Access Pensions Limited, a subsidiary of Access Corporation, has achieved an astonishing feat, surpassing the N1 trillion mark in assets under management (AUM). In an impressive trajectory, the Company – which emerged from the business combination of Sigma Pensions and First Guarantee Pension in December 2022 – has scaled up its assets under management to…
Emeka, a promising investment banker, died at the weekend in New York, United States. Until his death, Emeka was a reputable and valued member of Blackstone, one of the largest financial institutions in the world. The young Oduoza was renowned for his excellence, dedication, and impact within the financial landscape in the States. Emeka’s career…
