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Prestige Assurance of Nigeria Says First-Half Profit Rises 7%

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Aug. 9 (Bloomberg) -- Prestige Assurance Plc, a Nigerian insurer, said first-half profit rose to 589.8 million naira from 551 million naira a year earlier.

Turnover in the six months increased to 2.43 billion naira from 2.01 billion naira a year earlier, the company said in a statement posted today on the website of the Lagos-based Nigerian Stock Exchange.

Link to Company News:{PRESTIGE NL <Equity> CN <GO>}

To contact the editor responsible for this story: Vernon Wessels at vwessels@bloomberg.net

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