Noor Takaful Insurance Records N1.87bn Profit, Approves Dividend Increase
Noor Takaful Insurance Limited reported a profit after tax (PAT) of N1.87 billion in the 2024 financial year, marking a significant 79% increase from the previous year. The company's board approved a dividend of 5 kobo per share for the same year, reflecting a growth in dividend payout.
Despite facing challenges in the operating environment, including high inflation and currency volatility, the company remained resilient and achieved strong profitability through prudent underwriting and risk management. The Chairman, Ambassador Shuaibu Ahmed, highlighted the company's growth and commitment to delivering lasting value amidst economic uncertainties.
Plus234Feed summary based on reporting from Leadership Newspaper. Read the original report below.
Read full article
Continue on Leadership Newspaper
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Noor Takaful Distributes N404m Surplus to Participants
NAHCO Records 46% Profit Growth to N18 Billion in Q3 2025
NNPC Reports N4.655trn Revenue, N539bn Profit in August
Jaiz Takaful Insurance Declares N118m Surplus, Rewards Customers Without Claims
Transnational Corporation of Nigeria Plc Records 20.5% Profit Growth in Q3 2025
NAHCO Plc Reports 46% Profit Growth in Q3 2025
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
