Earnings Update | NEM | Q1:2020

NEM Insurance Plc. (NEM) grew its topline by 26.66% YoY to NGN6.95bn in Q1:2020. The growth was faster than the 19.27% growth recorded in Q1:2019, despite the decline (-19.10% YoY) in oil and gas contracts, which contributes 11.09% to total premium income.

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Earnings Update – NEM Q12020

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