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  LASACO Assurance Plc has declared N13.9 billion as dividend for the year 2022 for its shareholders with the aim to diversify in the subsequent years for more profit. Mrs Olateju Philips, the Chairman of LASACO gave the disclosure on Thursday at the company’s annual general meeting in Lagos. Olateju said that despite the economic recovery in the country, following the aftermath of COVID-19 and various unrest the country, the company had successfully maintained its market share in the insurance industry. According to her, the company achieved a gross premium of N13.91 billion, representing 4.7 per cent increase from N13.28 billion recorded in 2021. “It is worth nothing, however, that our profit before tax skyrocketed from N283 million to N1.5 billion indicating a 445 per cent increase. “Similarly, our profit after tax increased by N466 per cent from N261 million in 2021 to N1.5 billion in 2022 as our total assets grew from N23.96 billiion to N26.1 billion, representing 8.9 per cent...

The leading contender to the revered stool of Idimu Kingdom, Otunba Usman Agoro, has called on the good people of the Kingdom to disregard the News flying around that one Noah Surakat has been chosen as the next King of Idimu.                   Usman Agoro Agoro stated, "My attention was called to a congratulatory message flying around as regards the vacant stool of Idimu Kingdom after the demise of our King. Everywhere in Yorubaland, the tradition seems to be the same, where different candidates and families who are entitled, present their heir apparent. Idimu Kingdom is not different." "But the amazement is, someone named "Alhaji Enilolobo", due to his political network, had lobbied some government officials to impose Noah Surakat, being his boy, on the good people of Idimu. As for me, this is nothing, but an absolute ridicule on our respected cultural institution in Idimu. The stool of Idimu should not be politicised nor be made to compens...