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FINANCIAL SERVICES · Insurance Carriers · Price, fundamentals, signals, and forward-looking context in one research view.
FINANCIAL SERVICES
₦7.27B
N/A
N/A
Current price
₦0.96
+9.1% todayUpdated 10 min ago
Open
₦0.88
Previous close
₦0.88
Day range
₦0.88 – ₦0.96
Volume
2,305,989
Limited data
Awaiting filing
No current yield
65/100 measured
Moderate liquidity
Recent price movement, key market context and the latest company information.
The latest saved price history for ROYALEX, with its range and direction at a glance.
68 pages were reviewed. Open the update for the summary and original document.
Royal Exchange Plc provides financing, asset management, and trusteeship services in Nigeria. The company was formerly known as Royal Exchange Assurance (Nigeria) Plc and changed its name to Royal Exchange Plc in July 2008. Royal Exchange Plc was founded in 1918 and is based in Lagos, Nigeria.
Investors usually follow ROYALEX for its 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 bearish because the bullish case is not yet strong enough to lead while fundamentals are weak at 41/100. Whisone has low 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
-₦596M
TTM (2026-08-30)
ROE
12.0%
Return on equity
ROA
7.1%
Return on assets
Debt / equity
0.23
Lower is usually safer.
P/B ratio
1.01
Useful for book value support.
76/100
Direction
Heavy downside risk
Main supports
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
₦0.88
Analyst view
n/a
Forecast refresh
Updated 5h ago
Quality score
47
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
19.5
Momentum is weak and the stock is in oversold territory.
Recent trend
Falling
-25.6% across the latest saved price window.
Volatility
Low
Beta is 0.11. Price has historically moved more calmly than the wider market.
52-week position
5% of range
Price is trading close to its 52-week low.
Volume confirmation
0.43x average
Trading activity is light, so the current price move has weaker confirmation.
Shareholders-approved reacquisition and recapitalisation
ROYALEX may benefit from shareholders-approved reacquisition and recapitalisation. Confidence 85%.
Royal Exchange obtained shareholder approval in July 2026 to reacquire and recapitalise REPRU to restore compliance and protect policyholders.
benefits_from (reacquisition/recapitalisation)
ROYALEX may benefit from benefits_from (reacquisition/recapitalisation). Confidence 85%.
Royal Exchange sought and obtained shareholder approval to reacquire and recapitalise REPRU to restore regulatory compliance and protect policyholders and shareholder value.
Sector spillover signals
CBN FHC exposure draft
ROYALEX 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
ROYALEX 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
ROYALEX 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
ROYALEX 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
ROYALEX 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
ROYALEX 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
ROYALEX 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
ROYALEX 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.
ROYALEX
Royal Exchange Plc
Price: ₦0.96
P/E: n/a
Yield: N/A
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Yield: 1.5%
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ACCESSCORP
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Yield: N/A
Industry
Insurance Carriers
Founded
1918
Employees
32
Exchange
NGX
Ticker
ROYALEX
0.87
