Coronation Insurance

Coronation Insurance Interest Expense

The Interest Expense of Coronation Insurance (WAPIC.NL) as of Oct 15, 2026 is -8.02 M NGN. In the previous year, Interest Expense was -2.24 B NGN — a change of -99.64% (higher).

Interest Expense

-8.02 MNGN

YoY

-99.64%

Last updated:

Interest Expense of Coronation Insurance is 2023 -8.02 M NGN. Interest Expense of Coronation Insurance was 2022 -2.24 B NGN. It decreases by -99.64% higher compared to the previous year.

The Coronation Insurance Interest Expense history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Expense
Date
Interest Expense
Jan 1, 2016
1.23 B NGN
Jan 1, 2017
1.39 B NGN
Jan 1, 2018
1.14 B NGN
Jan 1, 2019
1.06 B NGN
Jan 1, 2020
1.31 B NGN
Jan 1, 2021
497.63 M NGN
Jan 1, 2022
-2.24 B NGN
Jan 1, 2023
-8.02 M NGN
The Coronation Insurance Interest Expense history
YEARInterest ExpenseYoY
-8.02 MNGN-99.64%
-2.24 BNGN-549.53%
497.63 MNGN-61.97%
1.31 BNGN+22.93%
1.06 BNGN-6.92%
1.14 BNGN-17.63%
1.39 BNGN+13.24%
1.23 BNGN—

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Coronation Insurance Stock analysis

What does Coronation Insurance do? Coronation Insurance PLC is a financial services company based in Lagos, Nigeria, operating within the insurance sector. The company was listed on the stock market on September 14, 1995, as indicated by its IPO date. Coronation Insurance PLC provides a wide range of insurance products and services, including general insurance covering classes such as accident, fire, motor, engineering, marine, aviation, oil and gas, and other special risks. The company also offers life insurance and special risk insurance solutions. Its services extend to asset management, private banking, wealth management, security trading and brokerage, as well as trustee and registrar services. The private banking division includes lending, treasury products, and account services. Wealth management services encompass financial planning, retirement planning, and managed portfolios. Trustee and registrar services involve estate planning and shareholder services. The company is licensed to underwrite all classes of insurance, including fire and special perils, goods-in-transit, and all risk insurance. Coronation Insurance PLC operates from its headquarters in Lagos, Nigeria, and maintains a website at https://www.coronation.ng/ for further information. The company's ticker symbol is WAPIC.NL, and its ISIN is NGWAPIC00004. It is categorized under the financials sector with a focus on insurance. The company is registered in Nigeria, with its country code listed as NG. Coronation Insurance is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Coronation Insurance stock

Interest Expense of Coronation Insurance is -8.02 M NGN in 2023.

Interest Expense of Coronation Insurance changed from -2.24 B NGN to -8.02 M NGN, representing a -99.64% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Expense Coronation Insurance since 2006 – with annual values, charts, and detailed analysis.

Interest expense represents the cost of borrowing. Higher interest expenses can indicate a highly leveraged company.

Interest Expense's NGN is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Interest Expense's Coronation Insurance historically and in real time.

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Income Statement — Coronation Insurance

All Key Metrics — Coronation Insurance