MBENEFIT - Mutual Benefits Assurance
General Insurance and Life Business
Mutual Benefits Assurance is listed on the Nigerian Stock Exchange (NGX) since May 28th, 2002. Mutual Benefits is traded on the NGX under the ticker symbol “MBENEFIT”. The International Securities Identification Number (ISIN) of NGX:MBENEFIT is NGMBENEFT000. Mutual Benefits Assurance is currently the 78th most valuable stock on the NGX with a market capitalization of NGN 17.3 billion, which is about 0.026% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 0.81 |
| Day’s High Price | 0.88 |
| Traded Volume | 2.71M |
| Number of Deals | 43 |
| Gross Turnover | 2.3M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 20.1B |
| Market Capitalization | 17.3B |
MBENEFIT Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -8.51% | +41% | +41% |
| 6MO | 1YR | YTD |
|---|---|---|
| +41% | +56.4% | +41% |
The current share price of Mutual Benefits Assurance (MBENEFIT) is NGN 0.86. MBENEFIT closed its last trading day (Tuesday, April 22, 2025) at 0.86 NGN per share on the Nigerian Stock Exchange (NGX), recording a 1.2% gain over its previous closing price of 0.85 NGN. Mutual Benefits began the year with a share price of 0.61 NGN and has since gained 41% on that price valuation, ranking it 17th on the NGX in terms of year-to-date performance.
Mutual Benefits Assurance is the 31st most traded stock on the Nigerian Stock Exchange over the past three months (Jan 20 - Apr 22, 2025). MBENEFIT has traded a total volume of 243 million shares—in 1,354 deals—valued at NGN 233 million over the period, with an average of 3.85 million traded shares per session. A volume high of 73.9 million was achieved on March 28th for the same period. The table below details the last 10 trading days of activity of Mutual Benefits Assurance on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2025-04-22 | 2,712,268 | 0.86 | +0.01 | +1.18% |
| 2025-04-17 | 1,675,145 | 0.85 | -0.01 | -1.16% |
| 2025-04-16 | 4,730,951 | 0.86 | ||
| 2025-04-15 | 2,997,745 | 0.86 | -0.05 | -5.49% |
| 2025-04-14 | 968,854 | 0.91 | -0.03 | -3.19% |
| 2025-04-11 | 1,944,932 | 0.94 | ||
| 2025-04-10 | 11,941,083 | 0.94 | +0.08 | +9.30% |
| 2025-04-09 | 18,199,245 | 0.86 | -0.06 | -6.52% |
| 2025-04-08 | 12,590,904 | 0.92 | +0.04 | +4.55% |
| 2025-04-07 | 20,193,757 | 0.88 |
Profile of Mutual Benefits Assurance
Mutual Benefits Assurance operates in the Financials sector.
Factsheet of Mutual Benefits Assurance
- Sector
- Financials
- Industry
- —
- Address
- ARET ADAMS HOUSE,233, IKORODU ROAD,ILUPEJU,LAGOS
- Telephone
- 08191471029,
- info@mbaplc.com
- Website
- www.mbaplc.com
MBENEFIT Industrial Market Competitors
Mutual Benefits Assurance, issuers of the MBENEFIT 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.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| ABBEYBDS | Abbey Mortgage Bank Plc | 99.1B | 9.76 | +225% |
| VFDGROUP | VFD Group | 122B | 96.00 | +116% |
| WEMABANK | Wema Bank | 257B | 12.00 | +31.9% |
| UHOMREIT | Union Homes Real Estate Inv. | 11.5B | 46.15 | +26.1% |
| NEM | N.E.M. Insurance Company | 68.2B | 13.60 | +24.2% |
| NGXGROUP | Nigerian Exchange Group | 66.3B | 33.75 | +23.9% |
| SFSREIT | Skye Shelter Fund Plc | 4.12B | 206.00 | +14.8% |
| AIICO | Aiico Insurance Plc | 60B | 1.64 | +14.7% |
| LIVINGTRUST | LivingTrust Mortgage Bank | 24B | 4.81 | +9.82% |
| FIDELITYBK | Fidelity Bank Plc | 939B | 18.70 | +6.86% |