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NEM (NEM) is listed on the Nigerian Exchange in the FINANCIAL SERVICES sector, with exposure to Insurance Carriers. This page brings together the current share price, valuation, dividend context, business summary, and a practical current view so you can assess the stock faster.
FINANCIAL SERVICES
₦145B
5.2%
9.66
Current price
₦29.00
Updated Updated 10h ago
Conviction
81/100
Confidence
Low
Market tone
neutral · 50/100
Entry
Medium · 81/100
Recent price action for NEM, so the page starts with the stock itself before the deeper analysis.
The stock is tradable, but the available signals are mixed enough that position size and order discipline still matter.
Valuation view
Looks relatively cheap vs peers
Income view
Moderate income profile
Market tone
neutral (50/100) — price action, attention, and recent context all lean here.
Entry view
Medium (81/100) — The company is profitable on the latest reported numbers.
NEM Insurance is a Nigerian insurance company that provides insurance policies and related services to individuals and businesses. It earns money mainly by collecting premiums from policyholders, managing underwriting results, and generating investment income from those premiums and other insurance-related fees.
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.
Insider buy: OKORO KELECHI KINGSLEY
Position: DIRECTOR b. Bought 11,357 shares, on 13 Feb 2025. From an official NGX DirectorsDealings filing. Supporting filing text captured.
Director dealings
6
Reported buys, sells, and mixed dealings.
Corporate actions
4
Dividend and company notices.
Market events
0
Insider, filing, dividend, and price events.
Source records
13
Captured updates we can trace.
Whisone is bullish because fundamentals are solid at 81/100 while today's volume is only 23% 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.
Debt / equity
0.01
Lower is usually safer.
P/B ratio
17.56
Useful for book value support.
Dividend yield
5.2%
Current income signal.
77/100
Direction
Cautious
Main supports
Business quality and balance-sheet strength are supporting the outlook.
Valuation still leaves room versus fair value and analyst anchors.
Recent price and fundamentals refreshes improve signal reliability.
What can go wrong
Volatility is elevated, so the path can stay rough even if the thesis is right.
Liquidity looks thin, so even a good thesis may take longer to show up in price.
Fair value
₦308.35
Forecast refresh
Updated 22h ago
Quality score
80
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.
Updated 10h ago
Bulk intraday company price snapshot from NGXPulse.
NGX Pulse bulk price snapshot
Updated 1d ago
Bulk intraday company price snapshot from NGXPulse.
NGX Pulse bulk price snapshot
Updated 2d ago
Bulk intraday company price snapshot from NGXPulse.
NGX Pulse bulk price snapshot
Updated 3d ago
Bulk intraday company price snapshot from NGXPulse.
Price points saved
50
Latest market date
2026-06-23
Dividend yield
5.2%
Ex-dividend date
Apr 15, 2026
The Insurance Industry Reform Act 2025 removed composite business structures, requiring industry participants to unbundle life and general operations.
Regulation / industry reform
NEM may also move because the FINANCIAL SERVICES sector may move with regulation / industry reform. Confidence 63%.
The company announced it will split general and life insurance businesses to conform with the Nigeria Insurance Industry Reform Act 2025.
market_downturn
NEM may also move because the FINANCIAL SERVICES sector may move with market_downturn. Confidence 63%.
Oando and Aradel (classified in oil and gas) were named among stocks whose price declines pulled the market lower.
regulation
NEM may also move because the FINANCIAL SERVICES sector may move with regulation. Confidence 63%.
The Insurance Industry Reform Act 2025 scrapped composite insurance structures, requiring industry-wide separations of life and general businesses.
bank_stock_surge
NEM may also move because the FINANCIAL SERVICES sector may benefit from bank_stock_surge. Confidence 63%.
Tier-one banking stocks led the NGX rebound, contributing to the N1.52 trillion market-cap gain.
higher premium collections
NEM may also move because the FINANCIAL SERVICES sector may benefit from higher premium collections. Confidence 63%.
Article states listed insurers recorded higher premium collections in Q1 2026, contributing to a positive start to the year.
NEM
NEM
Price: ₦29.00
P/E: 9.66
Yield: 5.2%
ABBEYBDS
ABBEYBDS
Price: ₦8.05
P/E: 32.98
Yield: 1.4%
ACCESSCORP
ACCESSCORP
Price: ₦22.95
P/E: 1.63
Yield: N/A
AFRINSURE
AFRINSURE
Price: ₦0.20
P/E: N/A
Yield: N/A
Industry
Insurance Carriers
Founded
1948
Employees
279
Ticker
NEM
Estimated earnings date
2026-04-27
