EQUITY ASSURANCE PLC
Financial Result for the 3 Months Ended 31st March, 2017
Gross Premium Written: 12% decrease from N1.4bn to N1.2bn
Profit/(Loss) after Tax: 324% increase from (N132.4m) to N296.4m (3M 2017 EPS, 2.1 kobo; 3M 2016 EPS, -1.2 kobo)
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Audited Financial Result for the Year Ended 31st December, 2016
Gross Premium Written: 8% increase from N4.5bn to N4.8bn
Profit/(Loss) after Tax: 32% increase from (N601.7m) to (N407.7m) (FY 2016 EPS, -3.3 kobo; FY 2015 EPS, -4.6 kobo)
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OMOLUABI MORTGAGE BANK PLC – Financial Result for the 6 Months Ended 30th June, 2017
Turnover: 57% increase from N145.5m to N229m
Profit/(Loss) after Tax: 11% increase from N33.2m to N46.1m (6M 2017 EPS, 0.92 kobo; 6M 2016 EPS, 0.66 kobo)
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CAPITAL HOTELS PLC – Board Changes
Capital Hotels Plc. has announced the following changes to its Board of Directors.
Appointments
- Chief Anthony Idigbe, SAN, as a Non-Executive Director with effect from 30th June and as the Chairman of the Board with effect from 7th July, 2017
- Alhaji Abatcha Bulama, as a Non-Executive Director with effect from 30th June, 2017
- Fadeke Alamutu, as a Non-Executive Director with effect from 30th June, 2017
- Alexander Thomopulos, as a Non-Executive Director with effect from 30th June, 2017
- Akpofure Ibru, as a Non-Executive Director with effect from 30th June, 2017
- Toke Alex-Ibru, as a Non-Executive Director with effect from 30th June, 2017
Resignations
- Chief Victor C.N. Oyolu, as a Non-Executive Director with effect from 30th June, 2017
- Yakubu Disu, as a Non-Executive Director with effect from 30th June, 2017
- Eddie Chukwura, as a Non-Executive Director with effect from 30th June, 2017