Monday, 18th October 2021
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NEM Insurance

30 Dec 2020
The Nigerian stock market yesterday reversed its losing streak to reopen upbeat, as the All-Share Index (ASI) gained 0.80 per cent following appreciation in BUA Cement and 18 other stocks.
15 May 2020
Following sustained interest in most high cap stocks, transactions on the equities sector of the Nigerian Stock Exchange (NSE), continued in an upbeat yesterday
5 Mar 2020
The Nigerian equities market sustained gaining streak, as investors continue to take a position in some highly-capitalised stocks, resulting in a further rise in market capitalisation
27 Sep 2019
The bulls regained some strength at the end of yesterday’s transactions on the equities sector of the Nigerian Stock Exchange (NSE), occasioned by price gains in medium and high cap stocks...
8 Jul 2019
NEM Insurance Plc has recommended N686.46 million as dividend payable at 13 kobo per 50 kobo ordinary shares to its shareholders.
7 Jun 2019
Trading on the Nigerian Stock Exchange (NSE) resumed on Thursday after the two-day holidays to mark Eid-el-Fitri on a bearish trend due to bargain hunting.§ The News Agency of Nigeria (NAN) reports that the All-Share Index lost 401.22 points or 1.30 per cent to close at 30,527.07 compared with 30,928.29 on Monday. Similarly, the market…
10 Apr 2019
The dominance of the bears has continued unabated on the equity sector of the Nigerian Stock Exchange (NSE), even as more blue-chip stocks join the league of losers, resulting to a further slide in market capitalisation by N2billion.     Specifically, at the close of transactions yesterday, the All-share index (ASI) shed 3.67 absolute points,…
19 Mar 2019
Transactions on the trading floor of the Nigerian Stock Exchange (NSE) reopened on a downward note yesterday, following price losses...
22 Jan 2019
CardinalStone Partners Limited has acted as the financial adviser to NEM Insurance Plc on the equity investment by AFIG Funds LLP. AFIG is a private equity firm registered in Mauritius and headquartered in Dakar, Senegal. NEM Insurance is a non-life insurance company, which commenced business in Nigeria in 1948, as Edward Turner & Co and…
14 Jan 2019
VFD Group, a financial services firm, said it has sold its stake in NEM Insurance after talks with the board of the insurance firm about its vision broke down. The tradeoff saw VFD selling a combined block of one billion, six hundred million ordinary shares of the insurance firm, representing 30 percent of the issued…
14 Jan 2019
As part of its goals to establish its presence in every key sector of the financial services industry, which is in line with its plans of converting to a Public Limited Liability Company...
13 Nov 2018
Following price losses suffered by most blue-chip stocks, transactions on the equity sector of the Nigerian Stock Exchange (NSE) closed on a downturn yesterday, as the All-share index depreciated by 0.18 per cent. Specifically, at the close of transactions yesterday, the All -share index (ASI) was down by 56.80 absolute points, representing a decline of…

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