It has not been uncommon over the years to have insurance companies with pension subsidiaries.
The company is still on the Nigerian Stock Exchange’s Caveat list, as they appear to be distressed.
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Today, Prestige Assurance predominantly provides accident and health insurance products and services.
A series of debt defaults will return Africa to the era of the 90s when poverty was rampant and nations defaulted on debt.
Total Nigeria’s Q1’20 results are a testament that some might have it worse than others as it recorded a revenue drop of 9.3% to N70.2 billion
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