Sovereign Trust Insurance
Insurance firms, others lead N1.8b market turnover
Transactions in the shares of Sovereign Trust Insurance, Mutual Benefits Assurance, and Transnational Corporation of Nigeria Plc dominated in volume terms
Underwriter gets CITN recognition for industry excellence
Sovereign Trust Insurance, has been recognised for industry excellence by the Chartered Institute of Taxation of Nigeria (CITN).
Renewed interest reverses eight days of decline, as ASI rises 0.78%
Following renewed buying interest in the shares of Dangote Cement and six others, the stock market reversed eight days losing streak to close upbeat, as the All-Share Index (ASI) increased by 0.78 per cent.
How insurers’ N97.2b claims settlement boost market penetration
Modern insurance claims process is increasingly complex. More variables and data are constantly coming into play, but carriers must determine appropriate settlements
Market indices soar higher with N1.377 trillion on BUA listing, others
Market capitalisation of the Nigerian Stock Exchange (NSE), soared significantly by N1.377trillion, as the total equities capitalisation rose to N15.164 trillion, following yesterday’s listing of BUA Cement Plc’s on the floor of the Exchange. The upturn was also impacted by gains recorded in medium and large capitalised stocks, amongst which were; Dangote Cement, MTN…
Why 4.17b shares on NSE will boost investors’ confidence
Determined to increase the shareholders confidence in the nation’s insurance industry, underwriting companies have been assuring investors of better returns on their investments.
STI tasks Nigerians on adoption of risks covers
Sovereign Trust Insurance (STI) Plc has said it will stay focused on all its aspirations especially in the area of ensuring that Nigerians embraced insurance without any form of compulsion or coercion.
STI records N9.2bn balance sheet
Disclosing this to shareholders at the company’s 22nd Annual General Meeting(AGM) in Lagos, the chairman, Mr. Oluseun Ajayi, said that its investment income also grew by 32 percent from N214 million in 2015 to N281 million in 2016.