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FINANCIAL SERVICES · Insurance Carriers · Price, fundamentals, signals, and forward-looking context in one research view.
FINANCIAL SERVICES
₦64B
1.3%
4.83
Current price
₦3.15
-1.3% todayUpdated 37 min ago
Open
₦3.19
Previous close
₦3.19
Day range
₦3.15 – ₦3.19
Volume
9,385,191
4.8x P/E
Awaiting filing
1.3% yield
65/100 measured
Easy to trade
Recent price movement, key market context and the latest company information.
The latest saved price history for MBENEFIT, with its range and direction at a glance.
2 pages were reviewed. Open the update for the summary and original document.
Mutual Benefits Assurance Plc, together with its subsidiaries, engages in non-life insurance and risk management services to organizations and private individuals in Nigeria, Liberia, and Niger Republic. The company operates through Assurance Business, Real Estate, Oil & Gas Exploration and Production, and Microfinance Banking segments. The company’s general insurance products include fire and special perils, burglary/housebreaking, householder/house-owner comprehensive, marine cargo, marine hull, motor, goods-in-transit, all risk insurance, contractors all risks, erection all risks, plant all risks, machinery breakdown, money, professional indemnity, fidelity guarantee, public liability, personal accident, bond, aviation, and oil and gas insurance products. It also offers life insurance products comprising term assurance, keyman assurance, credit life assurance, mortgage protection, anticipated endowment assurance, and whole life assurance policies; mutual education guarantee assurance; mutual education endowment, individual savings and protection, personal pension and investment, micro personal pension and investment, and mutual dignity plans; and mutual school fee guarantee scheme, mutual multilife shield, and group life assurance products. In addition, the company protects customers assets and indemnification of other parties; provides real estate development; retails and microfinance banking services; and engages in exploration and production of crude oil. It serves individual and corporate customers through a network of brokers, agencies, and direct marketing programs. Mutual Benefits Assurance Plc was incorporated in 1995 and is headquartered in Lagos, Nigeria.
Investors usually follow MBENEFIT 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.
Whisone is bullish because fundamentals are solid at 68/100 while turnover is thin at 0.023%. Whisone has moderate 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.
Latest net profit
₦13.3B
TTM (2026-08-31)
ROE
19.1%
Return on equity
ROA
6.1%
Return on assets
Debt / equity
0.00
Lower is usually safer.
P/B ratio
0.74
Useful for book value support.
Dividend yield
1.3%
Current income signal.
77/100
Direction
Cautious
Main supports
Business quality and balance-sheet strength are supporting the outlook.
Trading liquidity looks supportive for the forecast to transmit into price action.
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.
Fair value
₦2.93
Analyst view
n/a
Forecast refresh
Updated just now
Quality score
69
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.
A plain-English reading of momentum, trend, volatility, range position, and trading participation.
RSI
42.0
Momentum is currently in a neutral range.
Recent trend
Falling
-10.5% across the latest saved price window.
Volatility
Moderate
Beta is 1.16. Price sensitivity is broadly around the market range.
52-week position
5% of range
Price is trading close to its 52-week low.
Volume confirmation
2.06x average
Trading activity is above average, giving the current move stronger participation.
claims payment / prompt settlement
MBENEFIT may benefit from claims payment / prompt settlement. Confidence 90%.
Article states Mutual Benefits paid over ₦3.9bn in claims in June and emphasises strengthened claims management and customer testimonials praising prompt settlements.
claims settlement
MBENEFIT may benefit from claims settlement. Confidence 90%.
Article states Mutual Benefits paid over ₦3.9bn in claims in June and has strengthened claims management, reinforcing its credibility and customer confidence.
Sector spillover signals
CBN FHC exposure draft
MBENEFIT may also move because the FINANCIAL SERVICES sector may move with cbn fhc exposure draft. Confidence 67%.
The exposure draft targets financial holding companies and imposes sector-wide measures (ownership thresholds, ring-fencing, governance limits, higher capital buffers) intended to reshape banking group structures and intra-group activities.
CBN data localisation directive
MBENEFIT may also move because the FINANCIAL SERVICES sector may move with cbn data localisation directive. Confidence 67%.
The directive targets banks, fintechs, mobile money operators and other payment service providers, creating sector-wide requirements for local data hosting, oversight and beneficial-ownership disclosures.
CBN proposed holdco framework
MBENEFIT may also move because the FINANCIAL SERVICES sector may move with cbn proposed holdco framework. Confidence 67%.
The proposed CBN holdco framework would change how foreign subsidiaries of Nigerian banks are structured, impacting financial groups listed.
NIIRA 2025 minimum capital requirements
MBENEFIT may also move because the FINANCIAL SERVICES sector may move with niira 2025 minimum capital requirements. Confidence 67%.
The industry-wide introduction of higher minimum capital requirements under NIIRA 2025 prompted recapitalisation exercises across insurers.
NIIRA_recapitalisation
MBENEFIT may also move because the FINANCIAL SERVICES sector may move with niira_recapitalisation. Confidence 67%.
The NIIRA 2025 law raised minimum capital requirements and introduced an RBC framework, forcing insurance and reinsurance firms to recapitalise by July 31, 2026.
NTA CFC rules & 15% top-up tax
MBENEFIT may also move because the FINANCIAL SERVICES sector may move with nta cfc rules & 15% top-up tax. Confidence 67%.
Article states banks and financial groups with regional operations are expected to be affected by the CFC regime and top-up tax.
Open Banking implementation
MBENEFIT may also move because the FINANCIAL SERVICES sector may move with open banking implementation. Confidence 67%.
Article states Open Banking is expected to reshape how banks, fintechs and other financial service providers share data and deliver products, requiring regulatory and governance readiness.
PenCom recapitalisation rules
MBENEFIT may also move because the FINANCIAL SERVICES sector may move with pencom recapitalisation rules. Confidence 67%.
PenCom's revised minimum capital requirements and June 2027 compliance deadline are prompting industry-wide mergers, recapitalisations or exits among pension fund administrators.
MBENEFIT
Mutual Benefits Assurance Plc
Price: ₦3.15
P/E: 4.83
Yield: 1.3%
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Yield: N/A
Industry
Insurance Carriers
Founded
1995
Employees
317
Exchange
NGX
Ticker
MBENEFIT
3.6
