Standard Alliance Insurance Plc. Friday released its 2017 financial statement showing the company grew its profit after tax (PAT) to N586 million in 2017 from a loss of N1.3 billion in the same period of 2016. The growth was largely supported by an 11 percent increase in revenue from N4.3 billion in 2016 to N4.8 […]
Trading activities on the floor of the Nigerian Stock Exchange (NSE) yesterday closed downswing, as the overall market performance indices dropped by 0.44 per cent. Transactions on the stock market had the previous day also closed on the positive trajectory. However, at the close of trading yesterday, the All-Share Index dropped by 157.27 basis points […]
Standard Alliance Insurance The Nigerian Stock Exchange, NSE, says it has lifted the suspension placed on the shares of Standard Alliance Insurance Plc back in July 2018. According to a statement signed by the Head of NSE’s Listings Regulation Department, Mr Godstime Iwenekhai, the suspension was lifted after Standard Alliance finally submitted its 2017 full-year […]
By JEROME USHAKANG The Nigerian Stock Exchange (NSE) has on Monday announced that full suspension placed on Universal Insurance shares, has been lifted. The Exchange in a notice placed on its website, announced the lifting of the full suspension placed on Universal Insurance shares. Full suspension means that a company’s share price has been pegged […]
The Nigerian stocks market fell by 0.44 per cent amid renewed profit taking activity in Industrial and Consumer Goods stocks, reversing previous day’s positive sentiment. The Nigerian Stock Exchange-All Share Index (NSE-ASI) shed 157.27 absolute points, representing a decline of 0.44 per cent to close at 35,358.94 points. Also, the market capitalisation declined by N57 […]
The Floor of Nigerian Stock Exchange Market capitalization on the floor of the Nigerian Stock Exchange (NSE) depreciated on Wednesday by N57billion to close at N12.909trillion. This is as the All Share Index reduced by 157.27 absolute points, a fall of 0.44 percent to close at 35,358.94 points. The development was due to profit-taking in […]
Nigerian Stock Exchange Hopes for a bulls’ run dimmed yesterday, following renewed profit-taking by investors at the Nigerian Stock Exchange (NSE), as the bears took centre stage again on equity transactions, reversing the Tuesday’s positive sentiment, as market capitalisation depreciated by N57billion. Specifically, at the close of transactions yesterday, the All Share Index (NSE-ASI) shed […]
Standard Alliance Insurance Plc has witnessed a strong recovery in the immediate past business year, pulling away from a net loss of N1.34 billion to close the year with a pre-tax profit of N65.56 million. Key extracts of the audited report and accounts of Standard Alliance Insurance for the year ended December 31, 2017 released […]
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