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VERITAS KAPITAL
Veritas Kapital Assurance Plc reported a profit after tax of N3.046 billion for 2025, up from N1.634 billion in 2024, and a pre-tax profit of N3.156 billion against a loss of N1.485 billion a year earlier.
The Nigerian stock market, tracked by the All-Share Index (ASI), demonstrated a strong performance in 2024, achieving a growth of 37.65% and continuing a five-year bullish streak.
Veritas Kapital is a little-known insurance company. I used to know about them as an associate company of Unity Bank, but then I stopped hearing about them as they never hit the radar.
Veritas Kapital Assurance Plc has released its financial results for the 4th quarter of 2023, showcasing a remarkable surge in profitability.