NIC Holdings Limited

UGSE:NIC Stock Report

Market Cap: USh10.6b

NIC Holdings Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Bayo Folayan

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure13.1yrs
CEO ownershipn/a
Management average tenureno data
Board average tenure7.8yrs

Recent management updates

Recent updates

CEO

Bayo Folayan

13.1yrs

Tenure

Mr. Bayo Folayan, B.Sc., FCII, MBA, has been Chief Executive Officer and Managing Director of ELMAC Assurance Company Limited since May 2002. Mr. Folayan had served as Acting Managing Director of Industria...

Board Members

NamePositionTenureCompensationOwnership
Bayo Folayan
MD, Director & MD - NIC General13.1yrsno datano data
Charles Tukacungurwa
Independent Non-Executive Director18.9yrsno datano data
Ketrah Tukuratiire
Independent Non-Executive Director9.4yrsno datano data
Alan Shonubi
Independent Chairman6.3yrsno datano data
Walter Ogujiofor
Independent Non-Executive Director1.3yrsno datano data
Kabir Tukur
Non-Executive Director1.3yrsno datano data

7.8yrs

Average Tenure

Experienced Board: NIC's board of directors are considered experienced (7.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 17:12
End of Day Share Price 2024/12/20 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

NIC Holdings Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Patrick KakemboCrested Stocks and Securities Limited