Precisely, audited result of Standard Alliance Insurance Plc showed that its gross premium of N3.01 billion, higher than N2.1 billion in 2007, while profit after tax and extra-ordinary items stood at N864.2 million, compared with N417 million recorded in 2007.

Based on this, the company's directors are however recommending a dividend of 5 kobo per share for the members. The date of closure of register for members is stated as September 21, 2009 while payment is due for October 22, 2009.

Similarly, Lasaco Assurance Plc's audited result showed gross premium of N2.3 billion, up from N1.7 billion recorded in 2007. Its profit after tax stood at N457.6 million, compared with N688.2 million in 2007. The directors of the company are recommending a dividend of N0.03 per share. The date of closure of register for members is stated as August 3, 2009 while payment is due for October 5, 2009.

For National Salt Company of Nigeria Plc, its audited result for the year ended December 31, 2008 showed a turnover of N7.3 billion as against N6.2 billion in 2007 while its profit after tax stood at N1.29 billion, compared with N1.25 billion in 2007. The company directors are recommending a dividend of N0.40 per share. The date of closure of register for members is September 14, 2009 while payment is due for October 5, 2009.

Audited result of Tripple Gee & Co. Plc for the year ended March 31, 2009 showed a turnover of N1billion, as against N775.4 million in 2008 while profit after tax stood at N143.3 million, compared with N101.4 million in 2008. The company directors are recommending a dividend of N0.11 per share. The date of closure of register for members is stated as October 2, 2009 while payment is due for October 26, 2009.

Audited result of Crusader Nigeria Plc for the year ended December 31, 2008 showed gross earning of N3.5 billion, up from N2.1 billion recorded in 2007 while the company's profit after tax stood at N279.6 million, compared with N1.4 million in 2007. The company directors are recommending a bonus of one for every ten shares held. The date of closure of register for members is stated as September 14, 2009.

Universal Insurance Plc's audited result for the year ended December 31, 2008 showed gross premium of N826.2 million in 2007 while its profit after tax stood at N336.8 million, higher than N209.4 million in 2007.

Unaudited result of National Salt Company Plc for the first quarter ended March 2009 showed a turnover of N2.3 billion, as against N1.7 billion in the comparable period of 2008, while profit after tax stood at N377.8 million, compared with N207.8 million in 2008.

Standard Alliance Plc's unaudited result for the half year ended June 30, 2009 showed gross premium of N1.9 billion as against N1.6 billion in the comparable period of 2008 while profit after tax stood at N664.8 million, compared with N571.5 million in 2008.

Unaudited result of Chevron Oil Plc for half year ended June 30, 2009 showed a turnover of N32.7 billion, higher than N28.4 billion in the comparable period of 2008. Its profit after tax stood at N702 million, compared with N342.8 million in 2008.

The Guardian Newspaper, Monday September 7, 2009.