07

Feb

Stock market returns 2.33% WtD amidst profit taking and portfolio rebalancing

The stock market last week closed on a bullish note amidst profit taking and portfolio rebalancing by investors. Investors are taking position ahead of audited reports of companies that will pay dividend.The All Share Index appreciated by 2.33% week on week to close at 47,279.92 points from the previous close of 46,205.05 points.On the Nigerian Exchange, investors […]

03

Feb

AXA Mansard reports N3.56bn as profit in Q4 2021.

AXA Mansard Insurance recently published its Unaudited Financial Statement for the year ended 31 December 2021. The underwriting firm reported Gross Written Premium of N60.198 billion for the 12 months period, up by 26.51% from N47.583 billion reported the previous year. Profit after tax for the period under review was N3.56 billion, down by 21.6% from N4.54[…]