Custodian Insurance forecasts N6.1b profit for Q4 2020

WorldStage Newsonline– Custodian Insurance Plc, a major player in Nigeria’s insurance sector has released its earnings forecast for the fourth quarter 2020 to the Nigerian Stock Exchange (NSE) with gross revenue N73.414 billion and profit after tax N6.138 billion

The forecasted endorsed by Wole Oshin, Managing Director and  Ademola Ajuwon, Chief Financial Officer projected an increase in cash and cash equivalents as at beginning at N6.838 billion to N10.973 billion at the end of the period.

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