NEM Insurance Plc (NGX:NEM)

Market Cap	65.72B
Revenue (ttm)	83.18B
Net Income (ttm)	23.31B
Shares Out	5.02B
EPS (ttm)	4.65
PE Ratio	2.82
Forward PE	n/a
Dividend	0.60 (4.58%)
Ex-Dividend Date	Jun 21, 2024

Volume	1,495,979
Average Volume	695,397
Open	12.85
Previous Close	13.10
Day's Range	12.35 - 13.10
52-Week Range	5.50 - 14.30
Beta	0.53
RSI	56.42
Earnings Date	Apr 25, 2025

About NEM Insurance

NEM Insurance Plc provides general insurance products and services to corporate and individual customers in Nigeria and Europe. The company offers corporate insurance products, such as motor, marine cargo and hull, aviation, oil and gas, engineering, computer and electronics, fidelity guarantee, and group personal accident insurance; personal insurance products, including goods in transit, fire and special perils, travel, motor, home protection, professional indemnity, and enhanced motor third party insurance; and SME products comprising burgla...

• Industry: Insurance Carriers
• Founded: 1948
• Employees: 242
• Stock Exchange: Nigerian Stock Exchange
• Ticker Symbol: NEM

Financial Performance

In 2024, NEM Insurance's revenue was 83.18 billion, an increase of 89.65% compared to the previous year's 43.86 billion. Earnings were 23.31 billion, an increase of 79.05%.