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Cornerstone Insurance

Coverage of Cornerstone Insurance in the Nexus archive.

Earliest in view: Jun 26 · 09:04 UTCMost recent: Jun 26 · 09:04 UTC

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BUSINESSJun 26 · 09:04 UTCPREMIUM TIMES NIGERIA
Cornerstone Insurance’s 2025’s profit drops more than half as FX gains dry up
Cornerstone Insurance's 2025 post-tax profit declined by 54.6% due to a reversal in foreign exchange gains, which shifted from N30.8 billion to -N6.1 billion. FX gains, a major profit driver in 2024, significantly contributed to the decline.