Thursday, September 4, 2025
22.7 C
Lagos

Royal Exchange: N11bn Premium Drop in 9 Months, N356m Loss in Qtr 3

Royal Exchange Plc has reported N11 billion drop in Gross Premium Written (GPW) in the first nine months of 2021 from N13. 725 billion in 2020 to N2.211 billion as at September 30, 2021.
The company also reported Group loss after taxation of N536.025 million in nine months from a profit level of N565.662 million recorded in the same period of 2020.
And for the three months ended 30 September 2021, the Group loss came to N355.938 million from a profit of N145.587 million in third quarter of 2020.

spot_img
spot_img

Hot this week

Ecobank Nigeria @ 40: Group Unveils N60m in Cash Rewards Program for Customers

Ecobank Nigeria, a subsidiary of the leading pan-African banking...

GOCOP 2025: Conference on Governance Challenges, Prospects Set for October 9

The Guild of Corporate Online Publishers (GOCOP) has announced...

NCC Advances Cybersecurity Framework to Safeguard Nigeria’s Telecom Infrastructure

L-R: President, International Youth Parliament, Hon. Promise Digos; Chief...

Northwest: The Lion’s Share of Tinubu’s Projects

By Tanimu Yakubu Director-General Budget Office of the Federation The Lagos Illusion The...

From Devaluation to Domination: How Tinubu’s Exchange Rate Reforms Turned the Naira into Nigeria’s Export Engine

By Tanimu Yakubu When President Bola Ahmed Tinubu’s administration...

Topics

NSE Partners Kinabuti Fashion Initiative to Promote Financial Literacy

As part of its contribution towards building a financially...

Chain Reactions Africa Clinches Top Honours as Nigeria’s Most Celebrated PR Firm at SABRE Awards

L-R: Israel Opayemi, MD/Chief Strategist, Chain Reactions Africa; Arik...

Nigeria Outlook: Inflation to Increase in the Near Term

Cordros Securities has predicted increase in the inflation rate...

VP Osinbajo Commissions Transcorp’s Afam 240MW Three Fast Power Turbines

  L-R: Vice President, Yemi Osinbajo; Group Chairman, Transcorp Plc,...

Gokada Secures $5.3m Series A Funding

Gokada, the Lagos-based on-demand motorcycle taxi app, has secured...

Profit Taking in Bellwethers Drag Benchmark Index… ASI down 15bps

In yesterday’s trading session, profit taking in bellwethers - GUARANTY (-2.6%), ACCESS (-6.3%)...

Sanlam Life Rewards Sales Champions, Holds Customers’ Forum

  Tunde Mimiko Managing Director/CEO Sanlam Life Insurance Nigeria Limited As part of...

The Puzzle of Nigerian Corporate Prosperity in Harsh Economic Times

By Elvis Eromosele In the first quarter of 2025, a...
spot_img

Related Articles

Popular Categories

spot_imgspot_img