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Mutual Benefits Assurance Plc
MBENEFIT.NGNGXEquityListed

Mutual Benefits Assurance Plc

Financials|Nigeria

Company Profile

Mutual Benefits Assurance Plc (Mutual Benefits Assurance), a leading financial and wealth protection company in Nigeria, provides comprehensive non-life insurance and risk management services to both corporate and individual clients. Established in 1995 and listed on the Nigerian Stock Exchange since 2002, the company boasts a nationwide presence with numerous branches and retail outlets across Nigeria, including Abeokuta, Abuja, Port Harcourt, Lagos, and Kaduna. Further extending its reach, Mutual Benefits Assurance operates internationally through its subsidiaries: Mutual Benefits Life Assurance Limited (Nigeria), Mutual Benefits Assurance Company Liberia, Mutual Benefits Assurance Niger SA, Mutual Benefits Homes and Properties Limited (Nigeria), and Mutual Benefits Microfinance Bank Limited (Nigeria).

Direct answer

What is Mutual Benefits Assurance Plc?

Mutual Benefits Assurance Plc (MBENEFIT.NG) is a Financials company listed on NGX in Nigeria. This company profile summarizes its issuer details, fundamentals, market links and investor access routes on mystocks.africa.

Issuer Snapshot

TickerMBENEFIT.NG
ISINNGMBENEFT000
ExchangeNGX
CurrencyNGN
Asset classEquity
SectorFinancials

Fundamentals

Current Share Price

₦3.30

Market Cap

N86B

EPS

₦0

Dividend/Share

₦0

Related Coverage

Mutual Benefits Assurance Plc Frequently Asked Questions

How can I buy Mutual Benefits Assurance Plc (MBENEFIT.NG) shares?

You can buy Mutual Benefits Assurance Plc (MBENEFIT.NG) shares on mystocks.africa. Open an account, complete KYC verification, fund your USD account, and place an order from as little as USD 10 — no local broker or Nigeria bank account required.

What exchange is Mutual Benefits Assurance Plc listed on?

Mutual Benefits Assurance Plc (MBENEFIT.NG) is listed on the NGX in Nigeria. mystocks.africa provides direct access to NGX listings with USD settlement.

What sector does Mutual Benefits Assurance Plc operate in?

Mutual Benefits Assurance Plc (MBENEFIT.NG) operates in the Financials sector. You can review its profile and invest in MBENEFIT.NG on mystocks.africa.

Can I invest in MBENEFIT.NG from outside Nigeria?

Yes. mystocks.africa lets global and diaspora investors access NGX listings including MBENEFIT.NG through a single digital account with USD settlement, so you do not need an on-the-ground presence in Nigeria.

What is the minimum investment in Mutual Benefits Assurance Plc?

You can invest in MBENEFIT.NG from as little as USD 10 on mystocks.africa, subject to the prevailing share price on the NGX. A standard 0.75% platform fee applies to executions.

Does Mutual Benefits Assurance Plc pay dividends?

If Mutual Benefits Assurance Plc declares a dividend, the proceeds are credited to your mystocks.africa USD account after any applicable withholding tax for Nigeria. Dividend history and declarations, when available, are shown on the portfolio dashboard.

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Capital at risk

This page is general information about Mutual Benefits Assurance Plc, not financial advice or a recommendation to buy or sell. Investing involves risk, including the possible loss of capital; the value of investments can go down as well as up and past performance is not a reliable indicator of future results. Consider your circumstances or consult a licensed adviser before investing. MyStocks Technologies (Pty) Ltd is a Juristic Representative of TanFox (Pty) Ltd, an Authorised Financial Services Provider (FSP 52040); local execution is handled by licensed broker-dealer partners in each market. See our risk disclosure and editorial policy.

Reviewed by the mystocks.africa Markets Desk.