Monday, 18th October 2021
Breaking News:

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…


7 mins ago
The Federal Government has announced plans to host the fourth edition of the International Conference on Safe School Declaration (ICSSD) in Nigeria. Being the first country to host the conference in the continent, Nigeria will be joined by other 112 member states to exchange experiences, learning, and present their strategies, progress, as well as challenges,…
16 mins ago
Leading women-focused NGO, 360 Woman Africa, has continued with its mandate to empower women and bridge the skill gap for women in business and careers. The team held a two-week training during which women, between the ages of 22-55 were trained to reach their highest potential in their various areas of interest and also enjoy…
20 mins ago
The Ikoyi Passport Office of the Nigerian Immigration Service ( NIS) in Lagos State says it has produced 38, 280 international passports from June to October, 2021.
30 mins ago
Prof. AbdulGaniyu Raji, the Resident Electoral Commissioner (REC) in Osun, has assured the people of the state that the July 16, 2022 Governorship Election will be free, fair and credible.
30 mins ago
Bayern Munich defender Lucas Hernandez has until October 28 to enter prison "voluntarily" after he appeared before a Madrid court on Monday for violating a restraining order in 2017. France left-back Hernandez has 10 days from Monday to enter prison "voluntarily", unless his appeal is accepted, The 25-year-old was arrested four years ago for violating…