SUNU Assurances Nigeria Plc is banking on surging premiums and fresh capital injection to bolster profitability this year, even as foreign-exchange losses and rising costs weigh on the broader insurance industry.
The Lagos-based insurer projects that its net income will rise 17 percent to N1.56 b
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Wasiu Alli
Wasiu Alli is a business, economics cum data journalist with strong expertise covering macro trends, capital markets, government policies, corporate earnings and comparative economics analysis. Alli turns raw data into trends that not only tells compelling stories but nudges investors to make valued and informed decisions. He’s an alumnus of Lagos State University and trained at Lagos Business School. He formerly heads the Companies and Markets desk at BusinessDay where he writes and supervises the production of well researched articles on earnings updates, corporate sectoral comparisons, market intelligence as well as interviews with C-suite executives.