Archives for November 2, 2020
COVID drags Swiss Re to a $691mn 9M loss
By Charlie Wood __ Much of Swiss Re’s performance so far in 2020 has been heavily impacted by the COVID-19 pandemic. Property & Casualty Reinsurance fell to a $201 million…
Custodian Investment’s PAT Soars By 9.5 % 2020 Q3
By Ngozi Onyeakusi--- Custodian Investment Plc has posted a Profit After Tax (PAT) to the tune of billion in the third quarter of 2020, as against billion posted the same…
FG to spend N269.38bn on six million free meters
The Federal Government is to spend between and on the provision of six million free meters to various unmetered power users across the country. Also, findings from separate quarterly reports…
Caverton records 55% decline in Q3’20 PAT
By Ngozi Onyeakusi--- Caverton Offshore Support Group Plc, a provider of marine, aviation and logistics services to local and international oil and gas companies in Nigeria, has recorded per cent…
Accident, mystery deaths claim 33 lives in Ondo, Delta, Lagos
It was a tragic weekend in Ondo, Delta and Lagos states as no fewer than 33 lives were lost to motor accident and mysterious deaths in the three states While…
Pastor, female assistant die as jealous lover sets home ablaze
An unidentified pastor and his female assistant have been burnt to death in Igbogene, Yenagoa local government area of Bayelsa. The incident happened when a 40-year-old jealous lover, Etifa Obukulubu…
Seplat pays $0.05 dividend to shareholders amid prevailing global challenges
Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), has announced its unaudited results…