Last 0.62 NGN
Change Today -0.01 / -1.59%
Volume 729.3K
As of 8:30 AM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

n.e.m. insur co (nig) plc (NEM) Snapshot

Open
0.65
Previous Close
0.63
Day High
0.65
Day Low
0.62
52 Week High
07/23/14 - 0.90
52 Week Low
02/16/15 - 0.51
Market Cap
3.3B
Average Volume 10 Days
4.8M
EPS TTM
0.07
Shares Outstanding
5.3B
EX-Date
11/18/14
P/E TM
8.9x
Dividend
0.06
Dividend Yield
9.68%
Current Stock Chart for N.E.M. INSUR CO (NIG) PLC (NEM)

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n.e.m. insur co (nig) plc (NEM) Details

NEM Insurance Plc, together with its subsidiary, NEM Insurance Ghana Limited, provides general insurance products and services to corporate and individual customers in Nigeria. It offers liability insurance products, which include insurance of public buildings and buildings under construction; and oil and gas, motor vehicle, and aviation insurance products, as well as marine cargo and marine hull insurance products. The company also provides general accident insurance products, such as golfer’s indemnity, travel/health, personal accident/group, employer’s liability, fidelity guarantee, money, goods-in-transit, all-risks, burglary or theft, consequential loss, and rent insurance, as well as miscellaneous liability insurance products. In addition, it offers engineering/guarantee/bond insurance products; and fire insurance products, including home protection and householders’/owners insurance products. NEM Insurance Plc was founded in 1948 and is headquartered in Lagos, Nigeria.

235 Employees
Last Reported Date: 03/1/14
Founded in 1948

n.e.m. insur co (nig) plc (NEM) Top Compensated Officers

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Executives, Board Directors

n.e.m. insur co (nig) plc (NEM) Key Developments

NEM Insurance plc Announces Executive Changes

The appointment of two executives of NEM Insurance Plc is sanctioned by the National Insurance Commission (NAICOM). The names of the appointees as Mrs. Susan Abisola Giwa-Osagie -Deputy Managing Director and Alani Mukaila Olojede - Executive Director. Mrs. Giwa-Osagie until her appointment was Executive Director, while Olojede was General Manager (Operations). She began her career at the Federal Ministry of Justice, and her insurance career started at the National Insurance Corporation (NICON). In 2004, she was selected Executive Director (Business Development), NEM Insurance Plc until she was promoted to the present position by the board of directors. Olojede is a product of Lagos State Polytechnic, Isolo, where he gained his HND in Insurance, and became associate member of the Insurance Institute of London (ACII). Until 2012 he was General Manager (Research and Branch Operations) of the company, when he became General Manager (Operations) before his promotion to the present position by the board of the company.

 

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