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NEM (NEM) is listed on the Nigerian Exchange in the FINANCIAL SERVICES sector, with exposure to Insurance Carriers. This page brings together the current share price, valuation, dividend context, business summary, and a practical current view so you can assess the stock faster.
FINANCIAL SERVICES
₦145B
5.2%
9.66
Current price
₦29.00
Updated Updated 7h ago
Conviction
81/100
Confidence
Low
Market tone
neutral · 50/100
Entry
Medium · 81/100
NEM has a strong upside over 30 days and strong upside over one year.
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Expected move
-2.96%
Expected price
₦28.14
Lower path
₦26.63
Upper path
₦29.66
Confidence
Insider buy: OKORO KELECHI KINGSLEY
Position: DIRECTOR b. Bought 11,357 shares, on 13 Feb 2025. From an official NGX DirectorsDealings filing. Supporting filing text captured.
Director dealings
6
Reported buys, sells, and mixed dealings.
Corporate actions
4
Dividend and company notices.
Market events
0
Insider, filing, dividend, and price events.
Source records
14
Captured updates we can trace.
Whisone is bullish because fundamentals are solid at 81/100 while today's volume is only 23% of average. Whisone has high 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.
Debt / equity
0.01
Lower is usually safer.
P/B ratio
17.56
Useful for book value support.
Dividend yield
5.2%
Current income signal.
77/100
Direction
Cautious
Main supports
Business quality and balance-sheet strength are supporting the outlook.
Valuation still leaves room versus fair value and analyst anchors.
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.
Liquidity looks thin, so even a good thesis may take longer to show up in price.
Fair value
₦308.35
Forecast refresh
Updated 15h ago
Quality score
80
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.
Updated 7h ago
Bulk intraday company price snapshot from NGXPulse.
NGX Pulse bulk price snapshot
Updated 21h ago
Bulk intraday company price snapshot from NGXPulse.
NGX Pulse bulk price snapshot
Updated 1d ago
Bulk intraday company price snapshot from NGXPulse.
NGX Pulse bulk price snapshot
Updated 3d ago
Bulk intraday company price snapshot from NGXPulse.
Price points saved
50
Latest market date
2026-06-23
Dividend yield
5.2%
Ex-dividend date
Apr 15, 2026
trading_volume_lead
NEM may also move because the FINANCIAL SERVICES sector may benefit from trading_volume_lead. Confidence 67%.
The Financial Services Industry led activity with 1.523 billion shares (65.53% of volume) and the highest traded value contribution, driving sector liquidity and activity.
CBN draft holding-company rules
NEM may also move because the FINANCIAL SERVICES sector may be hurt by cbn draft holding-company rules. Confidence 67%.
The draft guidelines requiring ~N370bn fresh capital are said to weigh on banking stocks and drag the broader market lower.
CBN holdco draft rules
NEM may also move because the FINANCIAL SERVICES sector may be hurt by cbn holdco draft rules. Confidence 67%.
The draft guidelines require banks to raise an estimated N370bn in fresh capital; the uncertainty has kept pressure on banking stocks and dragged the broader market.
CBN holdco draft rules
NEM may also move because the FINANCIAL SERVICES sector may move with cbn holdco draft rules. Confidence 63%.
The draft guidelines require banks to raise an estimated N370bn in fresh capital; the uncertainty has kept pressure on banking stocks and dragged the broader market.
FX Volatility
NEM may also move because the FINANCIAL SERVICES sector may move with fx volatility. Confidence 63%.
Technology infrastructure and services can carry imported cost pressure.
FX volatility / naira devaluation
NEM may also move because the FINANCIAL SERVICES sector may move with fx volatility / naira devaluation. Confidence 63%.
Naira devaluation and currency reforms caused large FX-driven gains/losses for banks and underwriters holding foreign-currency securities.
NEM
NEM
Price: ₦29.00
P/E: 9.66
Yield: 5.2%
ABBEYBDS
ABBEYBDS
Price: ₦8.05
P/E: 32.98
Yield: 1.4%
ACCESSCORP
ACCESSCORP
Price: ₦22.95
P/E: 1.63
Yield: N/A
AFRINSURE
AFRINSURE
Price: ₦0.20
P/E: N/A
Yield: N/A
Industry
Insurance Carriers
Founded
1948
Employees
279
Ticker
NEM
Estimated earnings date
2026-04-27
