Insurance executive pay up 18% as stocks languish at 50 kobo per share

Insurance executive pay up 18% as stocks languish at 50 kobo per share

Listed Nigerian insurance companies saw an 18 percent increase in directors’ emoluments and fees last year, even as most insurance stocks languish at 50 kobo per share, or par value. Directors’ are key management personnel having the authority and responsibility for planning, directing and controlling the activities of most firms. BusinessDay’s analysis of the 14…

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