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FINANCIAL SERVICES · Insurance Carriers · Price, fundamentals, signals, and forward-looking context in one research view.
FINANCIAL SERVICES
₦172B
4.4%
6.49
Current price
₦34.20
Updated Updated 51 min ago
Open
₦34.20
Previous close
₦34.20
Day range
₦34.20 – ₦34.20
Volume
223,006
6.5x P/E
Awaiting filing
4.4% yield
65/100 measured
Moderate liquidity
The latest saved price history for NEM, with its range and direction at a glance.
Eye extracted 1 pages. Open the source or continue to Signals for the evidence trail.
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 burglary, product liability, fidelity guarantee, motor insurance, cash in transit, group personal accident, and agricultural insurance products. It involved in asset leasing and LPO financing activities. It offers its products to manufacturing, industrial, commercial enterprises, and financial institutions, such as banks, mortgage, and stock broking firms. The company was founded in 1948 and is based in Lagos, Nigeria.
Investors usually follow NEM for its dividend profile, valuation signal, sector position, and upcoming company events. The goal here is not just to show numbers, but to explain what they mean in plain English.
This official filing has been discovered and is awaiting full extraction or review.
This official filing has been discovered and is awaiting full extraction or review.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
This official filing has been discovered and is awaiting full extraction or review.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
This official filing has been discovered and is awaiting full extraction or review.
This official filing has been discovered and is awaiting full extraction or review.
Director dealings
6
Reported buys, sells, and mixed dealings.
Official filings
12
Financial reports and company disclosures captured by Eye.
Market events
0
Insider, filing, dividend, and price events.
Source records
42
Captured updates we can trace.
Whisone is bullish because fundamentals are solid at 82/100 while today's volume is only 24% of average. Whisone has high conviction here. The final read is being balanced by the weighted scores for fundamentals, technicals, insider flow, sentiment, event flow, and liquidity.
Whisone v2 splits the read into weighted parts so the score is not just one hidden number.
Fundamentals
Growth, margins, cash flow, and valuation.
Sentiment
Market mood from flow, events, and attention.
ROE
31.1%
Return on equity
ROA
10.1%
Return on assets
Debt / equity
0.00
Lower is usually safer.
P/B ratio
1.81
Useful for book value support.
Dividend yield
4.4%
Current income signal.
78/100
Direction
Positive bias
Main supports
Business quality and balance-sheet strength are supporting the outlook.
Valuation still leaves room versus fair value and analyst anchors.
Recent price behavior and momentum still support follow-through.
What can go wrong
Volatility is elevated, so the path can stay rough even if the thesis is right.
Fair value
₦171,171,700,000.00
Analyst view
n/a
Forecast refresh
Updated 2h ago
Quality score
82
Growth score
50
These are the external analyst numbers and business outlook figures already synced into the company record.
No external analyst outlook is available for this company yet.
A plain-English reading of momentum, trend, volatility, range position, and trading participation.
RSI
69.0
Momentum is currently in a neutral range.
Recent trend
Rising
+34.1% across the latest saved price window.
Volatility
Low
Beta is 0.41. Price has historically moved more calmly than the wider market.
52-week position
68% of range
Price is sitting around the middle of its 52-week range.
Volume confirmation
0.24x average
Trading activity is light, so the current price move has weaker confirmation.
NEM may benefit from analyst_pick. Confidence 70%.
Article names Fidelity Bank as a top stock pick for the week.
Sector spillover signals
CBN FHC exposure draft
NEM may also move because the FINANCIAL SERVICES sector may move with cbn fhc exposure draft. Confidence 67%.
The exposure draft targets financial holding companies and imposes sector-wide measures (ownership thresholds, ring-fencing, governance limits, higher capital buffers) intended to reshape banking group structures and intra-group activities.
CBN data localisation directive
NEM may also move because the FINANCIAL SERVICES sector may move with cbn data localisation directive. Confidence 67%.
The directive targets banks, fintechs, mobile money operators and other payment service providers, creating sector-wide requirements for local data hosting, oversight and beneficial-ownership disclosures.
CBN proposed holdco framework
NEM may also move because the FINANCIAL SERVICES sector may move with cbn proposed holdco framework. Confidence 67%.
The proposed CBN holdco framework would change how foreign subsidiaries of Nigerian banks are structured, impacting financial groups listed.
NIIRA_recapitalisation
NEM may also move because the FINANCIAL SERVICES sector may move with niira_recapitalisation. Confidence 67%.
The NIIRA 2025 law raised minimum capital requirements and introduced an RBC framework, forcing insurance and reinsurance firms to recapitalise by July 31, 2026.
NTA CFC rules & 15% top-up tax
NEM may also move because the FINANCIAL SERVICES sector may move with nta cfc rules & 15% top-up tax. Confidence 67%.
Article states banks and financial groups with regional operations are expected to be affected by the CFC regime and top-up tax.
Open Banking implementation
NEM may also move because the FINANCIAL SERVICES sector may move with open banking implementation. Confidence 67%.
Article states Open Banking is expected to reshape how banks, fintechs and other financial service providers share data and deliver products, requiring regulatory and governance readiness.
PenCom recapitalisation rules
NEM may also move because the FINANCIAL SERVICES sector may move with pencom recapitalisation rules. Confidence 67%.
PenCom's revised minimum capital requirements and June 2027 compliance deadline are prompting industry-wide mergers, recapitalisations or exits among pension fund administrators.
capital_requirement_increase
NEM may also move because the FINANCIAL SERVICES sector may move with capital_requirement_increase. Confidence 67%.
Kenya's plan to raise minimum bank capital from 1bn to 10bn shillings by 2032 is expected to spur consolidation across the banking sector.
NEM
NEM Insurance Plc
Price: ₦34.20
P/E: 6.49
Yield: 4.4%
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ACCESSCORP
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Yield: N/A
Industry
Insurance Carriers
Founded
1948
Employees
279
Exchange
NGX
Ticker
NEM
2026-07-28
Estimated earnings date
2026-07-27
Estimated earnings date
2026-04-29
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