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

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.

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