Cornerstone Insurance's 2025 Profit Halves as FX Gains Dry Up

Cornerstone Insurance's post-tax profit for 2025 declined by 54.6 percent, primarily due to a significant swing in net foreign exchange gains, which turned from a N30.8 billion gain to a N6.1 billion loss.

26 Jun, 09:04 — 26 Jun, 09:04

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Premium TimesMostly Factual63d ago

Cornerstone Insurance’s 2025’s profit drops more than half as FX gains dry up

Post-tax profit declined by 54.6 per cent, after net gain from foreign exchange, one of the biggest drivers of a profit rise in 2024, swung from N30.8 billion to a negative position of -N6.1 billion. The post Cornerstone Insurance’s 2025’s profit drops more than half as FX gains dry up appeared first on Premium Times Nigeria.

By Ronald Adamolekun

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Cornerstone Insurance's 2025 Profit Halves as FX Gains Dry Up

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Cornerstone Insurance’s 2025’s profit drops more than half as FX gains dry up

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