Mutual Benefits Assurance Plc announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced operating loss was NGN 1,835.804 million compared to operating Income of NGN 1,062.159 million a year ago. Net loss was NGN 2,077.962 million compared to net income of NGN 913.172 million a year ago. Basic loss per share from continuing operations was NGN 0.19 compared to basic earnings per share from continuing operations of NGN 0.09 a year ago.