Africa Prudential Plc has reported 401 per cent increase in total assets to N88.87 billion as at June 30, 2021 compared to N17.73 billion as at financial year ended December 31, 2020.
The Managing Director/Chief Executive officer, Obong Idiong in a signed statement said, “Total Assets: In the second quarter of 2021, the total assets increased 401per cent on the back of 7336 per cent surge in cash and cash equivalents as well as an 70per cent increase in trade and other receivables.”
In addition, total liabilities rose by 762 per cent to N80.71billion as at June 31, 2021 from N9.36 billion as at financial year ended December 31, 2020, driven by a 829 per cent increase in customers’ deposits that accounted for about 99 per cent of the company’s liabilities.
Umami Seasoning Day: Experts Harp on Ajinomoto s Nutritional Value thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
By Martins Ifijeh
The West African Seasoning Company (WASCO) Limited, makers of AJI-NO-MOTO food seasoning has organised a cooking competition for members of the Lagos State Caterers and Decorators Association in commemoration of the 2021 International Women’s Day.
The cooking competition which was aimed at providing correct information about the Japanese company and its brand to the caterers, witnessed 10 contestants who were selected from 10 zones out of the 12 registered zones of LSCDA in the state.
Olubukola Folarin Okelola, from Ikorodu zone, emerged the winner as her smokey ofada rice and Ayamase sauce was adjudged the best by the panel of judges led by a seasoned Home Economics specialist, Mrs. Catherine Ogunrinde.