• Home
  • Business

How High Forex Window, Inflation Erode Insurance Companies' Capital

22 Hour(s) Ago    👁 88
how high forex window inflation erode insurance companies capital
LAGOS Despite the gains attributable to high foreign exchange rate now hovering around N1,720/U which aided the soaring insurance revenue, the depreciating value of the local currency has impacted negatively on the operating capital of insurance operators. Daily Independent finding has revealed. Currently, the capital base of a life insurance provider general business portfolio
 
Visit Source
More Independent News
Recommended For You
IBL Group to offload stake in Mauritian IBL Group to offload stake in Mauritian bank to Ac
QNET Returns To Nigeria With Groundbreak QNET Returns To Nigeria With Groundbreaking Produc
Overland Airways Retains IOSA Certificat Overland Airways Retains IOSA Certification For fi
Mozambique post-election tensions disrup Mozambique post-election tensions disrupt regional
Brait reports $56.45 million profit in f Brait reports $56.45 million profit in first half
John Coumantaros' stake in Flour Mills t John Coumantaros' stake in Flour Mills tops $100 m
Nigeria'sCapacity UtilisationIn Manufact Nigeria'sCapacity UtilisationIn Manufacturing Sect
TIME 100 Names SE for ALL's CEO, Damilol TIME 100 Names SE for ALL's CEO, Damilola Ogunbiyi
MTN Nigeria, WWF/NCF Selects Odemwingie MTN Nigeria, WWF/NCF Selects Odemwingie National P
BRICS offered Turkey partner country sta BRICS offered Turkey partner country status: Trade
Afrexim Bank's$200m Marks BUAs Assurance Afrexim Bank's$200m Marks BUAs Assurance To Indust
NCDMB Seeks Support For FDIs To increase NCDMB Seeks Support For FDIs To increase Crude Out