NewsDirect

NewsDirect

Sovereign Trust Insurance reports N687m PAT

Sovereign Trust Insurance Plc on Saturday said it recorded a Profit After Tax (PAT) of N687 million in 2020, against N503 million recorded in 2019. The organisation said this in a statement made available by Mr Olusegun Bankole, the insurer’s…

Nigeria’s daily oil production hits 1.57m barrels

Nigeria and several other members of the Organisation of the Petroleum Exporting Countries exceeded their oil production quotas in March, according to S&P Global Platts. Nigeria, which had also recently improved its compliance, saw a steady rise in its March…