Mutual Benefits Assurance Plc (NGX:MBENEFIT)

Mutual Benefits Assurance Revenue

Mutual Benefits Assurance had revenue of 26.64B NGN in the quarter ending September 30, 2026, with 16.75% growth. This brings the company's total for the last twelve months to 103.98B, up 4.36% year-over-year. In the year 2025, Mutual Benefits Assurance had annual revenue of 93.02B with 19.35% growth. That makes Mutual Benefits Assurance the 24,658th largest company in the world by revenue and 45th in Nigeria.

• Revenue (ttm): 103.98B
• Revenue Growth: +4.36%
• P/S Ratio: 0.56
• Revenue / Employee: 328.00M
• Employees: 317
• Market Cap: 58.58B

Revenue Chart

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Revenue by Segment

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• Assurance Business - Mutual Plc Nigeria 55.27B 60.6%
• Assurance Business - Mutual Ltd Nigeria 20.15B 22.1%
• Assurance Business - Mutual Niger 13.28B 14.6%
• Assurance Business - Mutual Liberia 1.87B 2.0%
• Microfinance Mutual Microfinance 646.43M 0.7%
• Oil & Gas Mutual Exp. & Prod. LTD 9.77M 0.0%
• Real Estate Mutual Homes 2.22M 0.0%

Fiscal year ended Dec 31, 2025 See the full Mutual Benefits Assurance breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	93.02B	15.08B	19.35%
Dec 31, 2024	77.93B	30.52B	64.37%
Dec 31, 2023	47.41B	11.40B	31.65%
Dec 31, 2022	36.01B	15.03B	71.61%
Dec 31, 2021	20.99B	-2.27B	-9.77%

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2026

Revenue data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 4, 2026

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