FX Losses Cut NEM Insurance’s Profit Amid N7.5bn Dividend

NEM Insurance Plc has attributed the decline in its profit after tax for the 2025 financial year to foreign exchange losses, despite recording significant growth in premium income and approving a dividend payout of N7.525 billion for shareholders. Speaking at the company’s 56th Annual General Meeting held in Lagos, the Group Chairman, Tope Smart, said […]

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