• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, July 6, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

STI Partners FRSC On Road Safety Advocacy

by Zaka Khaliq
2 years ago
in News
FRSC
Share on WhatsAppShare on FacebookShare on XTelegram

Sovereign Trust Insurance (STI) Plc has partnered the Federal Roads Safety Corps (FRSC) to ensure that the Corps carry out its civic duties and obligations as expected.

Advertisement

To this end, the Corps paid a visit to the insurance firm as part of  collaboration between FRSC and Sovereign Trust Insurance Plc on ‘Road Safety Advocacy’ to Nigerian youths and road users in the country.

Similarly, the head of Corporate Communications & Investor Relations, STI Plc,  Segun Bankole was also nominated as an FRSC Celebrity Special Marshal.

As a Celebrity Marshal, the spokesperson for the organisation is expected, amongst other things, to monitor road users with a view to providing constructive feedback to the Corps, carry out traffic controls and rescue operations in case of emergencies and also engage in advocacy and public enlightenment to road users.

The induction of all the FRSC Celebrity Special Marshal(CSMs) nominated by the Corps was done on August 12, 2023 at a ceremony tagged, ‘Youth Hangout’ to commemorate the UN International Youth Day.

RELATED

UAE Embassy Mum As Uncertainty Trails Visa Fee Hike

Nigerian Gov’t Grants Visa Overstayers Amnesty To Regularise Status

4 hours ago
Revocation: Kaduna Govt To Refund Buyers Of Queen Amina, Alhuda-huda College Houses 

Revocation: Kaduna Govt To Refund Buyers Of Queen Amina, Alhuda-huda College Houses 

4 hours ago

Meanwhile, the insurer is set to hold its 28th Annual General Meeting (AGM) on Thursday, August 24, 2023, in Lekki, Phase 1, Lagos, having been granted approvals on its 2022 Annual Report and Accounts by the National Insurance Commission(NAICOM) and the Nigerian Exchange Limited (NGX) respectively.

Following this, Bankole had said, his company, no doubt showed great resilience amidst the various challenges that characterised the operating environment in the year 2022.

The company’s spokesperson said, there is every reason to be appreciative to all the shareholders and customers of the organisation who had shown great level of commitment and patronage to the company since inception 28 years ago.

Amidst the challenges of 2022, the company ended the financial year under review with a great sense of optimism that the days ahead will continue to look brighter and better.

In spite of the challenging business environment in 2022, the underwriting firm recorded a total Gross Premium Written (GPW) of N15.2billion in the year under review, which eclipsed N12.7 billion recorded in 2021, representing a 20 per cent increase.

Its underwriting profit grew by 10% from N2.4 billion in 2021 to N2.7 billion in 2022. In the same vein, the company achieved Profit Before Tax of N962 million as against N885 million recorded in the year 2021, representing an increase of nine per cent.

The size and quality of the company’s balance sheet improved as total assets of the company increased from N16.4 billion to N17.4 billion representing six per cent growth while shareholders’ funds increased by 8.6 per cent from N9.6 billion in 2021 to N10.4 billion in 2022.

The managing director/CEO of the company, Mr. Olaotan Soyinka has attributed the performance to the commitment shown by every member of staff who he described as the Drivers of the organisation coupled with the fact that, the company’s management is also dedicated to ensuring that the firm takes its place of pride in the industry.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


Tags: FRSCSTII
SendShareTweetShare
Previous Post

IMF Retains Nigeria’s Growth  At 3.2%, 3% For 2023, 2024

Next Post

NCC Links Sustainable Business Growth To Tech Disruptions

Zaka Khaliq

Zaka Khaliq

You May Like

UAE Embassy Mum As Uncertainty Trails Visa Fee Hike
News

Nigerian Gov’t Grants Visa Overstayers Amnesty To Regularise Status

2025/07/05
Revocation: Kaduna Govt To Refund Buyers Of Queen Amina, Alhuda-huda College Houses 
News

Revocation: Kaduna Govt To Refund Buyers Of Queen Amina, Alhuda-huda College Houses 

2025/07/05
Too High A Price To Pay For Patriotism
News

40 Ghanaian Victims Rescued As Police Bust Human Trafficking Syndicate In Ondo

2025/07/05
Group Congratulates Atiku on Appointment as Deputy Clerk to the National Assembly
News

NASS To Transmit Constitution Review Report To State Assemblies Before December

2025/07/05
Jigawa Local Gov’t Chairman Dies At 61
News

Jigawa Local Gov’t Chairman Dies At 61

2025/07/05
Sujimoto Pays ₦273m Salary Arrears, Eyes Construction Of Tallest Tower In Banana Island
Business

Sujimoto Pays ₦273m Salary Arrears, Eyes Construction Of Tallest Tower In Banana Island

2025/07/05
Leadership Conference advertisement

LATEST

Nigerian Gov’t Grants Visa Overstayers Amnesty To Regularise Status

Revocation: Kaduna Govt To Refund Buyers Of Queen Amina, Alhuda-huda College Houses 

40 Ghanaian Victims Rescued As Police Bust Human Trafficking Syndicate In Ondo

NASS To Transmit Constitution Review Report To State Assemblies Before December

Jigawa Local Gov’t Chairman Dies At 61

Club World Cup: 9-man PSG Defeat Bayern To Reach Semi-final

Sujimoto Pays ₦273m Salary Arrears, Eyes Construction Of Tallest Tower In Banana Island

Liverpool Stars Honour Diogo Jota, André Silva At Funeral In Portugal

Chelsea Complete £48.5m Signing Of Gittens From Dortmund

Forget 2027, Presidency Tells Coalition’s ADC

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.