International Energy Insurance Plc (IEI) posted its strongest earnings in more than a decade as higher investment returns and revaluations boosted the bottom line, giving the Nigerian underwriter momentum as it seeks to raise N15 billion in fresh equity to strengthen its finances.
Profit after ta
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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.