Browse Tag

Sovereign Trust Insurance

From N2.35bn to N842.67m... Why Sovereign Trust Insurance Profit Crashed By 64%

Business·Top Stories

From N2.35bn To N842.67m… Why Sovereign Trust Insurance Profit Crashed By 64%

Over N44.62 billion was generated as revenue by Sovereign Trust Insurance between January and December 2025, surpassing the N40.44 billion turnover recorded in 2024, representing a 10 percent increase. According to the company’s unaudited consolidated financial statements for the period ended December

February 12, 2026

Five Most Profitable Insurance Stocks In Q3 2025

Business·Top Stories

Five Most Profitable Insurance Stocks In Q3 2025

Within the third quarter (Q3) of 2025, shareholders of 17 insurance companies recorded growth in their investments, while one closed the period with a decline in investments held by its investors. The NGX consists of the following insurance companies with active trading

December 8, 2025

Business·Top Stories

New Investor Quietly Takes Over As Majority Shareholder Of Sovereign Trust Insurance

Power has changed hands in Sovereign Trust Insurance as New Eagle Millenium Limited quietly takes over as the majority shareholder of the company. While Sovereign Trust did not announce it through the director’s dealings platform of the Nigerian Exchange Limited (NGX), in

August 12, 2025

From N2.35bn to N842.67m... Why Sovereign Trust Insurance Profit Crashed By 64%

Business·Top Stories

Sovereign Trust Insurance Grows Revenue To N20.44bn, Profit Rises By 34%

Sovereign Trust Insurance grew its revenue from N15.46 billion generated in the first quarter (Q1) of 2024 to N20.44 billion in Q1 2025, indicating a 32 percent increase. This was announced in the company’s Q1 2025 financial statements, which also revealed that

June 13, 2025

Nigeria Cooking Gas Price Jumps 40% Amid Us, Iran Crisis

Cooking gas prices in Nigeria have jumped about 40 percent

Dangote Cement

Dangote Cement Records 20% Increase in 2025 Revenue

Dangote Cement Plc reported a 20.3 percent rise in revenue

Aston Martin to Cut 20% of Workforce Over Rising Losses

British luxury carmaker Aston Martin has announced plans to reduce

CPPE Warns Nigeria’s $6bn Capital Inflow Surge May Be Fragile Despite Rebound

Nigeria recorded a sharp increase in foreign capital inflows in

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