NIGERINS Declares N27.8m Loss in Q3 2020 Results, (SP:N0.20k)

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WednesdayDecember 9, 2020 / 2:43 PM / NSE / Header Image Credit: Niger Insurance


Niger Insurance Plc released its Q3 2020 Unaudited results for the period ended September 30th, 2020.


Key Highlights

  • Gross Premium declined by -48.2% to N776m from N1.5bn in the previous quarter.

  • Loss before tax stood at N585m.

  • Loss after tax stood at N27.8m.

  • Net Assets declined by -18.3% from N6bn to N5bn.


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