Nem Insurance Reaffirms Growth Momentum With Q1 2026 Forecast

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nem insurance reaffirms growth momentum with q1 2026 forecast

NEM Insurance Plc, one of Nigerias leading insurance companies has submitted its first quarter Q1 2026 forecast to the Nigerian Exchange Group NGX, reaffirming its strong growth outlook following an impressive performance in the quarterly reports released in the 2025 financial year.

According to the forecast, the general insurance underwriter projects total assets of ?177.279 billion in the first quarter of 2026. Insurance revenue is expected to hit ?65.256 billion, while profit before tax is projected at ?13.158 billion and profit after tax at ?11.710 billion, underscoring the companys sustained profitability and operational efficiency.

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