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Wapic Insurance’s Sticky Expense ratio Should Alarm Investors

Wapic Insurance Nigeria Plc is spending more in acquiring, underwriting, and servicing premium income, raising concerns about the underwriters’ cost control mechanism. For instance, expense...

Stocks Track Oil Higher as Investors buy Blue Chips

Plot a chart of Oil prices against the Nigerian Stocks over the past month and they are almost perfectly correlated. Nigeria's benchmark index the (NSE)...

Access Bank Takes Over Japaul Assets over Unpaid N37.2 bn loan

Japaul Oil & Maritime Services Plc, a Nigerian oil-services company has seen its assets forcefully taken over by Access Bank due to accumulated unpaid...

Leadway remains Nigeria’s most profitable insurer despite economic downturn

Leadway Assurance Limited showed it is still the most profitable and efficient insurer in Nigeria and met obligations to policy makers despite stuttering economic...

Japaul oil Going Concern Status Questioned by Auditors

PFK accountants and business advisers, the independent Auditors for Japaul oil and Maritime Services Plc, have flagged a material uncertainty relating to the going...

Exchange differences on Deawoo loan sinks Sunu Assurance

A foreign exchange translation difference on Deawoo loans help tipped Sunu Assurance Nigeria Plc into a loss position even though the insurer recorded strong...

Big Bank Dividends Comparison: GTB, Zenith, UBA, FBNH and Access

If you are a value investor looking at Banking stocks and wondering which of the names to snap up, how do you make an...

Why Lagos – Badagry Expressway may take 48 years to complete

The Lagos – Badagry Expressway project that is dear to the hearts of all residents of Lagos living in the Mile-2 to Agbara axis...

Here is what Companies are Disclosing about Covid-19 and their Businesses

The Covid-19 pandemic that has ravaged the global economy is having an impact on Nigerian businesses and as First Quarter 2020 results begin to...

Small Caps outperform as Nigerian Stocks trim 2020 losses to -5.8%

Small Capitalised Nigerian stocks are the best performers so far in 2020, even as the markets have rallied from the lows of March to...

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