NEM Insurance

Honeywell Flour, NEM Insurance Drive Domestic Equity Market by 0.70%

March 11, 2024

By Dipo Olowookere The domestic equity market appreciated by 0.70 per cent on Monday on the back of the gains posted by Honeywell Flour

Jobs/Appointments

NAICOM Approves Andrew Ikekhua as NEM Insurance CEO

November 15, 2023

Aduragbemi Omiyale

By Aduragbemi Omiyale Mr Andrew Ikekhua has been authorised by the National Insurance Commission (NAICOM) to become the chief executive of NEM Insurance Plc.

Economy

NGX Index Rises 0.09% as NEM Insurance Tops Gainers Chart

September 10, 2022

Dipo Olowookere

By Dipo Olowookere NEM Insurance closed on Friday as the best-performing stock, joining nine others to raise the Nigerian Exchange (NGX) Limited higher by

Economy

NGX Lifts Suspension on NEM Insurance After Share Reconstruction

December 29, 2021

Dipo Olowookere

By Dipo Olowookere The suspension placed in the trading of equities of NEM Insurance Plc has been lifted by the Nigerian Exchange (NGX) Limited,

Economy

NEM Insurance Seeks Regulatory Approval for Share Reconstruction

December 7, 2021

Dipo Olowookere

By Dipo Olowookere The board of NEM Insurance Plc is seeking regulatory approval for its proposed share reconstruction, a notice from the Nigerian Exchange

Economy

NEM Insurance Shareholders to Get 9 Bonus Shares for Every 10

November 19, 2020

Dipo Olowookere

By Dipo Olowookere The board of directors of NEM Insurance Plc is proposing to allot bonus shares to shareholders of the company. A notice

Economy

FY19: N476m Tax Credit Lifts NEM Insurance’s PAT to N2.4bn

April 2, 2020

Adedapo Adesanya

By Adedapo Adesanya Top insurance company, NEM Insurance Plc, recorded 18 percent increase in profit after tax (PAT) to N2.4 billion from N2.04 billion

Economy

NEM Insurance Seeks Shareholders’ Approval to Raise N2.6bn

May 27, 2019

Modupe Gbadeyanka

By Modupe Gbadeyanka The board of NEM Insurance Plc has said it plans to raise an additional capital aimed to improve operations of the

Economy

Foreign Investor Buys 29.9% Stake in NEM Insurance

January 18, 2019

Modupe Gbadeyanka

By Modupe Gbadeyanka A Mauritius fund management company known as Advanced Finance and Investment Group (AFIG) Funds has acquired the largest shareholding in Nigeria-based

Economy

New Investors Acquire 30% Stake in NEM Insurance

January 11, 2019

Modupe Gbadeyanka

By Modupe Gbadeyanka About 30 percent stake in NEM Insurance Plc, amounting to 1.6 billion ordinary shares of the Nigerian insurer, has been purchased

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