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  1. Homepage
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  3. Nigeria
  4. Nigerian Stock Exchange
  5. NEM Insurance Plc
  6. Company
    NEM   NGNEM0000005


End-of-day quote. End-of-day quote Nigerian Stock Exchange - 01/21
3.7 NGN   0.00%
2021NEM INSURANCE PLC : Half-year report
2021NEM INSURANCE PLC : Proxy Statments
2021NEM INSURANCE PLC : Mixed general shareholder meeting
Business Summary
NEM Insurance Plc (NEM) is engaged in general insurance business. The Company is engaged in the provision of non-life insurance services for both corporate and individual customers. The Company operates through two segments: Nem Insurance (Nigeria) Plc, and Nem Insurance (Ghana) Ltd. The Company's products and services include fire/extraneous perils policy, consequential loss policy, burglary or housebreaking policy, fidelity guarantee policy, public liability policy, money policy, goods in transit policy, group personal accident policy, motor insurance policy, marine policies, aviation policy, financial risk management policy, machinery breakdown policy and electronic equipment policy. The Company provides oil and gas, and energy insurance in Nigeria with a focus on various areas, such as upstream risks, downstream risks, and power, solid mineral and other products, and it also provides risk management services.
Sales per Business
Motor6 871.1437.8%
General Accident3 669.2820.2%
Fire3 035.4816.7%
Oil and Gas2 028.4011.2%
Marine1 389.257.7%
NGN in Million
Sales per region
Africa13 791.8093.6%16 994.3093.6% +23.22%
NGN in Million
Name Title Age Since
Tope Smart Chief Executive Officer, Director & MD - 2012
Idowu Olaitan Semowo General Manager-Finance & Investment - -
Sunday J. Adebayo General Manager-Technical - -
Yakasai I. Ahmed Independent Non-Executive Director - -
Olajumoke Philip-Akede Secretary - -
Ikekhua M. Andrew Executive Director & Executive Director-Marketing - 1990
Momoh Abdurrahaman Odamah Deputy General Manager-Branch Operations - 2007
Mojisola Teluwo Deputy General Manager-Corporate Services - -
Adeyemi Mabayoje Mayadenu Deputy GM-Strategy & Business Development - -
Olayinka Ojikutu Group Head-Human Resources - 2021
Members of the board
Name Title Age Since
Fidelis A. Ayebae, Dr. Chairman - -
Tope Smart Chief Executive Officer, Director & MD - 2012
Olayinka Titilope Aletor Non-Executive Director - 2012
Ikekhua M. Andrew Executive Director & Executive Director-Marketing - 1990
Yakasai I. Ahmed Independent Non-Executive Director - -
Ede Dafinone Non-Executive Director - 2016
Joy Teluwo Non-Executive Director - -
Papa Ndiaye Non-Executive Director - 2019
Kelechi Okoro Non-Executive Director - 2019
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 10,032,955,956 5,227,697,883 52.1% 0 0.0% 52.1%
Markets and indexes
- Main Board
- NGX All Share Index /
Stock Exchange Codes
- Bloomberg Code :  NEM:NL
- Reuters Code :  NEM.LG
- Datastream Code :  
Company contact information
NEM Insurance Plc
NEM House 199 Ikorodu Road
PO Box 654
NG- Lagos

Phone : +234 1 4489560
Fax :
web site : http://www.nem-insurance.com
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