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Sunu Assurances

From N2.36bn To N1.22bn… Ogun State’s Investment In Sunu Assurances Declining

The value of investment held by Gateway Holdings Limited, an investment vehicle owned by Ogun state government, in Sunu Assurances has declined by 48.15 percent year-to-date, as equity traders in the Nigerian stock market hold bearish sentiments towards the insurer. Gateway Holdings

August 26, 2025

Business·Top Stories

Sunu Assurances Posts N4.69bn Revenue, Profit Drops By 58.50%

Sunu Assurances has released its unaudited interim financial statements for the second quarter (Q2) of 2025, disclosing that revenue grew 31.77 percent to N4.69 billion during the period, exceeding the N3.55 billion turnover posted in Q2 2024. The insurer reported service expenses

August 13, 2025

Business·Top Stories

Sunu Assurances’ Revenue Rises To N5.28bn – But Profit Drops By 69%

Sunu Assurances’ revenue jumped 34.66 percent to N5.28 billion in the first quarter (Q1) of 2025, surpassing the N3.92 billion generated in the corresponding period in 2024. The company’s financial statement for Q1 2025 also showed that Sunu Assurances’ insurance service expenses

July 4, 2025

Business·Top Stories

Sunu Assurances, Veritas, Prestige Among Five Worst-Performing Insurance Stocks In Q1 2025

Out of 20 insurance companies listed in the Nigerian stock exchange, 13 insurers recorded a decline in their stock performance in the first quarter (Q1) of 2025. Analysis by Prime Business Africa showed that the 13 insurance companies are Guinea Insurance, International

April 22, 2025

Business·Top Stories

Sunu Assurances’ Investors End Q1 With N29bn Loss

Shareholders of Sunu Assurances were left without profit at the end of the first quarter (Q1) of 2025 after stock market investors snubbed the company’s shares amid bearish sentiments. Prime Business Africa’s analysis of the insurance company’s stock market performance in Q1

April 17, 2025

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Sunu Assurances

From N2.36bn To N1.22bn… Ogun State’s Investment In Sunu Assurances Declining

Sunu Assurances Posts N4.69bn Revenue, Profit Drops By 58.50%

Sunu Assurances’ Revenue Rises To N5.28bn – But Profit Drops By 69%

Sunu Assurances, Veritas, Prestige Among Five Worst-Performing Insurance Stocks In Q1 2025

Sunu Assurances’ Investors End Q1 With N29bn Loss

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