African Stock Exchanges

AFRINSURE - African Alliance Insurance

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AFRINSURE share price on Nigerian Stock ExchangeAFRINSURE share price on Nigerian Stock Exchange

African Alliance Insurance Plc, incorporated as a private limited liability company on May 6, 1960, is the first indigenous insurance to carry out the business of life assurance in Nigeria. The company was originally set up in partnership with Munich Reinsurance Company of Germany, the largest reinsurance Company in the world. In 2005 African Alliance Insurance (then still a limited liability company) in a joint venture with First Securities Discount House Ltd. set up Pensions Alliance Limited, a licensed pension fund administrator. In 2009, African Alliance was listed on the Nigerian Stock Exchange, thus becoming known as African Alliance Insurance Plc.

African Alliance Insurance is listed on the Nigerian Stock Exchange (NGX) since September 17th, 2009. African Alliance is traded on the NGX under the ticker symbol “AFRINSURE”. The International Securities Identification Number (ISIN) of NGX:AFRINSURE is NGAFRINSURE4. African Alliance Insurance is currently the 105th most valuable stock on the NGX with a market capitalization of NGN 4.12 billion, which makes about 0.0072% of the Nigerian Stock Exchange equity market.

AFRINSURE0.20 ▪ 0.00
Last Trading Results
Opening Price
Day’s Low Price
Day’s High Price
Traded Volume0
Number of Deals0
Gross Turnover0.00
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding20.6B
Market Capitalization4.12B
Monetary values are quoted in Nigerian Naira (NGN) unless otherwise stated

AFRINSURE Stock Market Performance


The current share price of African Alliance Insurance (AFRINSURE) is NGN 0.20. AFRINSURE closed its last trading day (Thursday, June 30, 2022) at 0.20 NGN per share on the Nigerian Stock Exchange (NGX). The table below details the last 10 trading days of activity of African Alliance Insurance on the Nigerian Stock Exchange.


Profile of African Alliance Insurance

African Alliance Insurance operates in the Financials sector.

Factsheet of African Alliance Insurance

Old Niger House, Marina, 163/165 Ring Rd, Lagos, Nigeria

AFRINSURE Industrial Market Competitors

African Alliance Insurance, issuers of the AFRINSURE stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Financials sector. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Securities Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange

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