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Lasaco Assurance

Lasaco Assurance Suffers N404.22bn Loss

Lasaco Assurance Suffers N404.22bn Loss

Lasaco Assurance, in its unaudited financial statements for the period ended September 30, 2025, said revenue increased by 40 percent to N23.83 billion in the first nine months of last year, surpassing the N17.02 billion recorded in the same period in 2024.
January 6, 2026
Five Least Performing Insurance Stocks In Q3 2025

Five Least Performing Insurance Stocks In Q3 2025

While the majority of the insurance stocks in the Nigerian Exchange (NGX) Limited recorded gains in the third quarter (Q3) of 2025, Prime Business Africa (PBA) presents the five least performing insurance stocks for the period under review. The list comprises Lasaco
December 11, 2025

Lagos State Reduces Investment In Lasaco Assurance

The two majority shareholders in Lasaco Assurances, Ibile Holdings Ltd, owned by the Lagos state government, and Canon Properties & Investments Ltd, owned by Akin Doherty, have reduced their investment in Lasaco Assurance. Lagos state reduced its stake in the insurer to
August 14, 2025

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