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 63rd most valuable stock on the NGX with a market capitalization of NGN 82.7 billion, which is about 0.081% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 3.86 |
| Day’s High Price | 4.12 |
| Traded Volume | 34.7M |
| Number of Deals | 585 |
| Gross Turnover | 142M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 20.1B |
| Market Capitalization | 82.7B |
MBENEFIT Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +23% | +33.8% | +7.01% |
| 6MO | 1YR | YTD |
|---|---|---|
| +180% | +575% | +32.9% |
The current share price of Mutual Benefits Assurance (MBENEFIT) is NGN 4.12. MBENEFIT closed its last trading day (Tuesday, January 6, 2026) at 4.12 NGN per share on the Nigerian Stock Exchange (NGX), recording a 9.9% gain over its previous closing price of 3.75 NGN. Mutual Benefits began the year with a share price of 3.10 NGN and has since gained 32.9% on that price valuation, ranking it second on the NGX in terms of year-to-date performance. Shareholders can be optimistic about MBENEFIT knowing the stock has accrued 34% over the past four-week period alone—22nd best on NGX.
Mutual Benefits Assurance is the 23rd most traded stock on the Nigerian Stock Exchange over the past three months (Oct 7, 2025 - Jan 6, 2026). MBENEFIT has traded a total volume of 445 million shares—in 11,362 deals—valued at NGN 1.58 billion over the period, with an average of 7.07 million traded shares per session. A volume high of 34.7 million was achieved on January 6th, and a low of 1.24 million on November 20th, 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% |
|---|---|---|---|---|
| 2026-01-06 | 34,676,327 | 4.12 | +0.37 | +9.87% |
| 2026-01-05 | 13,970,848 | 3.75 | +0.34 | +9.97% |
| 2026-01-02 | 6,541,289 | 3.41 | +0.31 | +10.00% |
| 2025-12-31 | 7,245,664 | 3.10 | ||
| 2025-12-30 | 14,895,356 | 3.10 | -0.25 | -7.46% |
| 2025-12-29 | 4,937,111 | 3.35 | +0.16 | +5.02% |
| 2025-12-24 | 2,455,674 | 3.19 | +0.02 | +0.63% |
| 2025-12-23 | 8,180,462 | 3.17 | +0.07 | +2.26% |
| 2025-12-22 | 13,544,366 | 3.10 | -0.08 | -2.52% |
| 2025-12-19 | 2,360,915 | 3.18 |
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 |
|---|---|---|---|---|
| DEAPCAP | Deap Capital Management & Trust | 3.76B | 2.51 | +32.1% |
| WAPIC | Coronation Insurance | 96B | 4.00 | +23.1% |
| INTENEGINS | International Energy Insurance | 3.92B | 3.05 | +22% |
| PRESTIGE | Prestige Assurance Company | 25.3B | 1.91 | +20.9% |
| JAIZBANK | Jaiz Bank Plc | 235B | 5.28 | +16% |
| NGXGROUP | Nigerian Exchange Group | 159B | 81.00 | +15.7% |
| NEM | N.E.M. Insurance Company | 156B | 31.00 | +15.7% |
| ROYALEX | Royal Exchange | 17.8B | 2.15 | +15.6% |
| VERITASKAP | Veritas Kapital Assurance Plc | 27.2B | 1.96 | +14.6% |
| AFRIPRUD | Africa Prudential Plc | 67.2B | 16.80 | +13.5% |