Insurers raise shareholders’ hopes as 2018 renenue increase
Determined to increase the shareholders’ confidence in the nation’s insurance industry, the 2018 underwriting performance of the sector operators, particularly Profit Before Tax (PBT) are taking an upswing.
Shareholders okay Nestle Nigeria Plc’s N30.5 billion final dividend
Shareholders of Nestle Nigeria Plc have endorsed a final dividend of N30.517 billion, culminating to N38.50 per share due to every of its investor for the 2018 financial year. The shareholders who spoke on the 50th yearly general meeting of Nestle, in Lagos on Tuesday, also urged the board to consider issuing bonus…
Industry loses N240b to eight million uninsured automobiles
The insurance industry has lost a whopping N240 billion premium income from the non-insurance of an estimated eight million tricycles and motorcycles...
Investors flay SEC’s plan to transfer N90b unclaimed dividend into development fund
Discordant tunes have continued to trail the proposed plan by the Securities and Exchange Commission (SEC) to transfer shareholders’ unclaimed dividend into a capital market development fund after 12 years of declaration.