AIICO Insurance Plc has reported a 14 per cent increase in gross written premium to N62.58 billion for the period ended March 31, 2026.
The market breadth also closed positive with 42 gainers.
The company disclosed this in its audited financial statements released on the Nigerian Exchange.
Earnings per share declined by 27 per cent to 362 kobo from 497 kobo in 2024.
The Nigerian Exchange Ltd. started the week on a positive note, with market capitalisation rising by N5.1 trillion, a 4.36 per cent gain on Monday.
The company’s profit after tax also fell to N4.02 billion from N5.5 billion in the previous year, despite growth in the company’s core insurance operations.
The bodies congratulated the board, management and staff of Nigerian Exchange Group and Nigerian Exchange Ltd. on the historic feat.
The board expressed confidence that Mr Durojaiye’s leadership would further strengthen the company’s operations.
The sell-offs affected stocks like Academy Press, Custodian Investment, Dangote Cement, Deap Capital Management, Oando, and 56 others.
A total turnover of 2.422 billion shares worth N76.618 billion in 126,591 deals was traded by investors this week.
