Lasaco Assurance
14 Nov
Lasaco Assurance Plc has said its policyholders received a total of N6.54 billion in claims for insured risks during the 2023 financial year.
1 Nov
Insurance revenue of Lasaco Assurance Plc rose significantly to N18.3 billion in 2023 financial year from N13.5 billion it was the previous year. This growth represents a 36 percentage surge within the period under review. Similarly, its profit rose by six per cent, from N1.6 billion in 2002 to N1.7 billion in 2023, even as…
9 Oct
An underwriting firm, Lasaco Assurance Pl has received a reaffirmation of its A(NG) rating and Stable Outlook from Global Credit Rating (GCR), underlining its financial position and resilience. The recognition comes at a time when the company has continued to navigate economic challenges with unwavering strength. The report by GCR has accentuated Lasaco Assurance Plc's…
Latest
7 mins ago
As the economy rises from the ashes of 2024, President Bola Tinubu said the year would usher Nigeria into a new era of prosperity and “brighter days”.
7 mins ago
Less than 24 hours after the Australian government advised its citizens to reconsider travelling to Nigeria due to security concerns, the Federal Government, through the Ministry of Foreign Affairs has issued a travel advisory for Nigerians
8 mins ago
The Minister of Power, Adebayo Adelabu, has attributed the failure to increase power generation to 6,000 megawatts (MW) as promised to rampant vandalism of infrastructure.
10 mins ago
Amid rising insecurity and other macroeconomic challenges, the Nigerian equities market witnessed remarkable growth in 2024, returning N22 trillion gain to investors.
10 mins ago
While the Deposit Money Banks (DMBs) were mandated to pay 60 per cent of pre-February 2022 Unstructured Supplementary Service Data (USSD) debts by July 2025 and 85 per cent of post-February 2022 debts by yesterday, December 31, 2024
12 mins ago
The Resource Centre for Human Rights and Civic Education (CHRICED) has warned that ahead of the 2027 elections, the gale of defection by opposition legislators to the All Progressives Congress (APC) will have severe repercussions on Nigeria’s democracy.
12 mins ago
Governor Bala Mohammed of Bauchi State has denied threatening the President saying that his statement was taken as a threat but has respect for the presidency.
14 mins ago
President of the Senate, Godswill Akpabio, has said President Bola Tinubu is working hard to fix Nigeria’s economy.
15 mins ago
The Nigerian Electricity Regulatory Commission (NERC) has introduced stricter penalties for electricity distribution companies (DisCos) that fail to offtake at least 95 per cent of their monthly energy allocations and customer service standards.