09
NovIt was a bearish session on the floor of the Nigerian Exchange on Tuesday as The All Share Index dropped by 1.82% to close at 43,461.60 points from the previous close of 44,269.43 points. The Market Capitalisation declined by 1.82% to close at N23.672 trillion from the previous close of N24.112 trillion, thereby shedding N440 billion. The […]
09
NovCornerstone Insurance Plc in its Third Quarter report for the period ended 30 September 2022 recorded Gross Premium Written of N14.882 billion. This represents 3.09% growth from N14.436 billion revenue reported the previous year. Profit after tax of N964.621 was reported for the 9 months period, down by 37.19% from N1.536 billion reported the previous year. Earnings[…]
The Debt Management Office on behalf of the Federal Government, has announced the offer for a subscription to the November 2022 Federal Government Savings Bond. According to DMO, the Savings Bond are in two tranches: 2-year and 3-year savings bonds, with interest rates of 12.492% and 13.492% respectively. The opening date for subscription was November 7th, 2022 and[…]
