Cornerstone Insurance’s 2025’s profit drops more than half as FX gains dry up
Cornerstone Insurance’sprofit for last year dropped by more than half, relative to 2024’s level, hammered by an end to a windfall income that naira devaluation handed lenders and insurers holding assets in foreign currencies two years ago. Post-tax profit, its latest audited earnings report showed, ...
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Verified on Jun 26, 2026