Investors punish Nigerian insurance stocks even as profits surge

In general, the Insurance Index fell 5.52% in October and is down 13.64% year to date, the only major sector index in negative territory. Over the same period, the banking index had gained 60% and the oil-and-gas index 128%. The All-Share Index was up 60%. The post Investors punish Nigerian insurance stocks even as profits surge appeared first on Nairametrics.