18

Oct

Telecom: Active voice subscribers increases to 206 million in Q2 2022

The National Bureau of Statistics has reported that the total number of active voice subscribers in Q2 2022 was 206,449,125, higher relative to 187,611,501 in Q2 2021. This represents a 10.04% rise on a year-on-year basis. However, on a quarter-on-quarter basis, growth stood at 3.45%, an increase from the 199,558,540 subscribers recorded in Q1 2022. Similarly, a […]

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18

Oct

International Energy Insurance Plc declares N163m as profit for Q1 2021

International Energy Insurance Plc has released its long overdue First Quarter report for the period ended 31 March 2021.Gross written premium of N167 million was reported for the 3 months period, up by 3.10% from N162 million.Profit after tax improved significantly to N163.995 million from a loss after tax of N8 million reported the previous year.Earnings per[…]

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18

Oct

Stock market sheds N656bn, down by 2.53%

It was a bearish session on the floor of the Nigerian stock market on Monday as investors’ wealth declined by N656 billion The All Share Index was down by 2.53% to close at 46,365.95 points from the previous close of 47,569.04 points. The Market Capitalisation declined by 2.53% to close at N25.254 trillion from the previous close[…]

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