₦airaland Forum

https://businessday.ng/companies/article/universal-insurances-annual-profit-hits-n667-8m/

Universal Insurance Plc has reported a profit before tax of N667.8 million in 2022, an increase of 341 percent from N161.1 million in 2021. Speaking at the company’s 56th Annual General Meeting in Lagos, Jasper Uduagwuike, its chairman, said the increased profitability “shows the company’s future is brighter”. “We are steadfast in our commitment to delivering sustainable results, undeterred by the challenges that may lie ahead. Our solid financial foundation and strategic approach position us confidently to navigate the dynamic landscape and continue providing value to our customers and stakeholders,” he said.

https://doclib.ngxgroup.com/Financial_NewsDocs/39259_UNIVERSAL_INSURANCE_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_AUGUST_2023.pdf

https://punchng.com/universal-insurance-pays-n1-2bn-claims-report/

Universal Insurance says it paid N1.2bn claims to its policyholders in 2022 financial period. It disclosed this in a statement on its annual financial results for the period ended 31st December, 2022. The underwriting firm’s profit for the year appreciated by 341 per cent from N161.1m in 2021 to N667.8m in 2022. The Chairman of the company, Jasper Uduagwuike, disclosed this to shareholders during 56th annual general meeting in Lagos. He said its gross premium written rose by 63 per cent to N5.7bn from N3.473bn in 2021, while total revenue rose by 84 per cent to N4.87bn from N2.644bn. According to him, the company’s strength to take more risks showed in the 84 per cent increase in earned premium from N2.4bn to N4.43bn.

yMcy56:
Universal Insurance: Quite a lot of buying and cross deals @0.20k....

I have jumped out of this aeroplane of Universal Insurance.

Pilot does not seem to have a steady balance.

Recommendation of AFRIPRUD.

Buy more, Sell off, or Hold on?

Old fools recycling themselves and killing this already dead country.

Oando on Full Bid at 9.45

What Municipality is she from?

Koboko Municipality. And she has given them wotowoto

Goodlady:
Muyico, it's not a skit.
It happened in real life.
I watched it on Facebook. The woman is now trending. Though it's not by force to buy asoebi and to avoid drama, I advise people doing party that want to cash out from it should desist.
But did she warn people that if them no buy her asoebi make den no come the party? If so, they deserved the curses. If I m her, bouncers ll throw out those that didn't buy clothes.
It's not easy to entertain guests with meals over N2K alone in Nigeria not to talk of in UK where each guest ll eat and drink food worth over N20K - N30K or more. At some events, wine taken cost hundreds of thousands of millions. So if I decided to cash out on my asoebi and some foóls decided to come and eat free food (owo epo), they ll go to clinic after 2 weeks cos the spirit of the money I spent must worry them.
If I give you something for free, it's free. But if I decided to do biz with my party, it's none of your business.
So I support the curses if she had warned dem before.
If you quote me without sense, I ll injure you here on nairaland with my constructive response. So think we'll before saying rubbish especially if you are male. My words ll pepper 🌶️ you to your marrows and blokkos!

You are embarrassing your father. He must be ashamed of you. Be quiet.

I was told there was an investor called Afolabi, that used to buy only 1,000 units of any stock that he was buying for the first time, just to use 1 leg to test how deep the water could be. Better safe, than sorry, you know.

So, if you buy only about 1,000 units, or very few units of a stock, it is named after the man as ''afolabi units".

People like that, ARE THEY HERE?

Muonanu:
Add me on WhatsApp 07037219987

This phone number belongs to Christian Arinze Muonanu.

Is it the same person as Francis Arinze Muonanu, that is being alleged to be a scammer by @ampulki ?

https://facebook.com/muonanu.christianarinze/?_rdc=1&_rdr

What is the origin and meaning of the phrase, "Afolabi units"?