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 […]

18

Oct

Nigeria’s inflation rate grew to 20.77% in September 2022

The National Bureau of Statistics has reported that the headline inflation rate in September 2022 was 20.77% as against 20.52% recorded in August 2022. This was 4.14% points higher compared to the rate recorded in September 2021, which was (16.63%). This indicates that in the month of September 2022 the general price level was 4.14% higher relative[…]