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NEM Insurance

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…
6 Nov 2018
Nigeria's Security Exchange Commission Tuesday invalidated the 48th annual general meeting of NEM Insurance held in June and all the resolutions reached at the meeting. The insurance was also mandated to reconvene the AGM, with proper notice given to shareholders and in line with extant laws. Nigerian Stock Exchange had fined the insurance company the…
5 Nov 2018
The Chartered Insurance Institute of Nigeria (CIIN) is set to treat stakeholders to a wholesome learning experience at its education seminar scheduled to hold between‪ November 7 and 9, 2018‬, in Oyo State.
30 Aug 2018
Eaton Acquisitions Limited, an investment company, has increased its stake in NEM Insurance to 9%, days after it announced the acquisition of 4% of the insurance company. While the initial 130 million shares sold at ₦4 each, representing a premium of 40.35% against the closing share price of ₦2.85, the new shares were acquired at a lower value.
29 Aug 2018
Eaton Acquisitions Limited, an investment company, has increased its stake in NEM Insurance to 9%, days after it announced the acquisition of 4% of the insurance company. While the initial 130 million shares sold at ₦4 each, representing a premium of 40.35% against the closing share price of ₦2.85, the new shares were acquired at…
19 Aug 2018
Eaton Acquisitions Limited, an investment company that focuses on identifying listed companies with high growth potential and investing, has announced the completion of the purchase of 130 million shares of NEM Insurance Plc. The cross deal, which has caught the attention of market watchers, sees Eaton, which was seeking to acquire 10%, buy 4% stake…
18 Jun 2018
Industry experts and stakeholders have attributed the lull in the economy to infrastructure deficits, explaining that the ecosystem calls for a deliberate effort to close the existing gap between the sector’s contribution and need for economic growth.   The experts, who gathered at the Business Journal’s 10th anniversary lecture, unanimously agreed that there is a link existing among…
25 Oct 2016
Caverton Offshore Support Group (COSG) Plc traded higher at the end of last week’s transactions on the floor of the Nigerian Stock Exchange.
13 Jun 2016
Notwithstanding the state of the country’s economy in the reporting period, NEM Insurance Plc has recorded good performance with gross premium increase of 10.8 per cent ...

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