<?xml version="1.0" encoding="utf-8"?>
<linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://www.xbrl.org/2003/linkbase">
  <labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended" xmlns:xlink="http://www.w3.org/1999/xlink">
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_Investments" xlink:label="nngr_Investments" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_InsuranceAndReinsuranceContractsAssets" xlink:label="nngr_InsuranceAndReinsuranceContractsAssets" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_TotalOtherAssets" xlink:label="nngr_TotalOtherAssets" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_InsuranceAndInvestmentContracts" xlink:label="nngr_InsuranceAndInvestmentContracts" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_Funding" xlink:label="nngr_Funding" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_Other" xlink:label="nngr_Other" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_ExpectedClaimsAndBenefits" xlink:label="nngr_ExpectedClaimsAndBenefits" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_ExpectedAttributableExpenses" xlink:label="nngr_ExpectedAttributableExpenses" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_InsuranceIncomePremiumAllocationApproach" xlink:label="nngr_InsuranceIncomePremiumAllocationApproach" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_IncurredAttributableExpenses" xlink:label="nngr_IncurredAttributableExpenses" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_InsuranceExpensesPremiumAllocationApproach" xlink:label="nngr_InsuranceExpensesPremiumAllocationApproach" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_NetInsuranceResult" xlink:label="nngr_NetInsuranceResult" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_InterestIncome" xlink:label="nngr_InterestIncome" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_RealisedGainsLossesOnInvestmentsAtCostAndAtFairValueThroughOCI" xlink:label="nngr_RealisedGainsLossesOnInvestmentsAtCostAndAtFairValueThroughOCI" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_OtherInvestmentResult" xlink:label="nngr_OtherInvestmentResult" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_InvestmentResult" xlink:label="nngr_InvestmentResult" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_FinanceResultOnReInsuranceContracts" xlink:label="nngr_FinanceResultOnReInsuranceContracts" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_ResultOnInvestmentContracts" xlink:label="nngr_ResultOnInvestmentContracts" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_OtherFinanceResult" xlink:label="nngr_OtherFinanceResult" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_FinanceResult" xlink:label="nngr_FinanceResult" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_NetInvestmentResult" xlink:label="nngr_NetInvestmentResult" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_OtherResult" xlink:label="nngr_OtherResult" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_ProfitLossBeforeTaxFromContinuingOperations" xlink:label="nngr_ProfitLossBeforeTaxFromContinuingOperations" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_NetResultFromDiscontinuedOperations" xlink:label="nngr_NetResultFromDiscontinuedOperations" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_NetResultFromDisposalOfDiscontinuedOperations" xlink:label="nngr_NetResultFromDisposalOfDiscontinuedOperations" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_RevaluationsOnDebtSecuritiesAtFairValueThroughOCI" xlink:label="nngr_RevaluationsOnDebtSecuritiesAtFairValueThroughOCI" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_RevaluationsOnLoansAtFairValueThroughOCI" xlink:label="nngr_RevaluationsOnLoansAtFairValueThroughOCI" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_RealisedGainsLossesTransferredToTheProfitAndLossAccount" xlink:label="nngr_RealisedGainsLossesTransferredToTheProfitAndLossAccount" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_RealisedResultsAndImpairmentsOnInvestments" xlink:label="nngr_RealisedResultsAndImpairmentsOnInvestments" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_NetPremiumsClaimsAndAttributableExpensesOnReInsuranceContracts" xlink:label="nngr_NetPremiumsClaimsAndAttributableExpensesOnReInsuranceContracts" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_InvestmentsAtCostChange" xlink:label="nngr_InvestmentsAtCostChange" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_InvestmentsAtFairValueThroughOCIInvestments" xlink:label="nngr_InvestmentsAtFairValueThroughOCIInvestments" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_InvestmentsAtCostInvestments" xlink:label="nngr_InvestmentsAtCostInvestments" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_InvestmentsAtFairValueThroughProfitOrLossInvestments" xlink:label="nngr_InvestmentsAtFairValueThroughProfitOrLossInvestments" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_InvestmentsAtFairValueThroughOCIDisposals" xlink:label="nngr_InvestmentsAtFairValueThroughOCIDisposals" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_InvestmentsAtCostDisposals" xlink:label="nngr_InvestmentsAtCostDisposals" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_InvestmentsAtFairValueThroughProfitOrLossDisposals" xlink:label="nngr_InvestmentsAtFairValueThroughProfitOrLossDisposals" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_RepaymentsOfUndatedSubordinatedNotes" xlink:label="nngr_RepaymentsOfUndatedSubordinatedNotes" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_RepaymentsOfSubordinatedNotes" xlink:label="nngr_RepaymentsOfSubordinatedNotes" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_CouponOnUndatedSubordinatedNotesClassifiedAsFinancingActivities" xlink:label="nngr_CouponOnUndatedSubordinatedNotesClassifiedAsFinancingActivities" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_CashAndCashEquivalentsAtBeginningOfTheYearWithoutHeldForSale" xlink:label="nngr_CashAndCashEquivalentsAtBeginningOfTheYearWithoutHeldForSale" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_CashAndCashEquivalentsAtBeginningOfTheYearClassifiedAsAssetsHeldForSale" xlink:label="nngr_CashAndCashEquivalentsAtBeginningOfTheYearClassifiedAsAssetsHeldForSale" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" xlink:label="ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_UndatedSubordinatedNotesMember" xlink:label="nngr_UndatedSubordinatedNotesMember" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_IssuanceRedemptionUndatedSubordinatedNotes" xlink:label="nngr_IssuanceRedemptionUndatedSubordinatedNotes" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_ChangesInShareCapital" xlink:label="nngr_ChangesInShareCapital" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_EmployeeStockOptionAndSharePlans" xlink:label="nngr_EmployeeStockOptionAndSharePlans" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_CouponOnUndatedSubordinatedNotes" xlink:label="nngr_CouponOnUndatedSubordinatedNotes" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_ChangesInTheCompositionOfTheGroupAndOtherChanges" xlink:label="nngr_ChangesInTheCompositionOfTheGroupAndOtherChanges" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_ImpactNetOfTaxOfIFRS9" xlink:label="nngr_ImpactNetOfTaxOfIFRS9" />
    <loc xlink:type="locator" xlink:href="nngr-2023-12-31.xsd#nngr_ImpactNetOfTaxOfIFRS17" xlink:label="nngr_ImpactNetOfTaxOfIFRS17" />
    <labelArc xlink:type="arc" xlink:from="nngr_Investments" xlink:to="label_nngr_nngrInvestments_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_InsuranceAndReinsuranceContractsAssets" xlink:to="label_nngr_nngrInsuranceAndReinsuranceContractsAssets_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_TotalOtherAssets" xlink:to="label_nngr_nngrTotalOtherAssets_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_InsuranceAndInvestmentContracts" xlink:to="label_nngr_nngrInsuranceAndInvestmentContracts_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_Funding" xlink:to="label_nngr_nngrFunding_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_Other" xlink:to="label_nngr_nngrOther_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_ExpectedClaimsAndBenefits" xlink:to="label_nngr_nngrExpectedClaimsAndBenefits_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_ExpectedAttributableExpenses" xlink:to="label_nngr_nngrExpectedAttributableExpenses_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_InsuranceIncomePremiumAllocationApproach" xlink:to="label_nngr_nngrInsuranceIncomePremiumAllocationApproach_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_IncurredAttributableExpenses" xlink:to="label_nngr_nngrIncurredAttributableExpenses_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_InsuranceExpensesPremiumAllocationApproach" xlink:to="label_nngr_nngrInsuranceExpensesPremiumAllocationApproach_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_NetInsuranceResult" xlink:to="label_nngr_nngrNetInsuranceResult_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_InterestIncome" xlink:to="label_nngr_nngrInterestIncome_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_RealisedGainsLossesOnInvestmentsAtCostAndAtFairValueThroughOCI" xlink:to="label_nngr_nngrRealisedGainsLossesOnInvestmentsAtCostAndAtFairValueThroughOCI_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_OtherInvestmentResult" xlink:to="label_nngr_nngrOtherInvestmentResult_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_InvestmentResult" xlink:to="label_nngr_nngrInvestmentResult_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_FinanceResultOnReInsuranceContracts" xlink:to="label_nngr_nngrFinanceResultOnReInsuranceContracts_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_ResultOnInvestmentContracts" xlink:to="label_nngr_nngrResultOnInvestmentContracts_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_OtherFinanceResult" xlink:to="label_nngr_nngrOtherFinanceResult_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_FinanceResult" xlink:to="label_nngr_nngrFinanceResult_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_NetInvestmentResult" xlink:to="label_nngr_nngrNetInvestmentResult_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_OtherResult" xlink:to="label_nngr_nngrOtherResult_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_ProfitLossBeforeTaxFromContinuingOperations" xlink:to="label_nngr_nngrProfitLossBeforeTaxFromContinuingOperations_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_NetResultFromDiscontinuedOperations" xlink:to="label_nngr_nngrNetResultFromDiscontinuedOperations_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_NetResultFromDisposalOfDiscontinuedOperations" xlink:to="label_nngr_nngrNetResultFromDisposalOfDiscontinuedOperations_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_RevaluationsOnDebtSecuritiesAtFairValueThroughOCI" xlink:to="label_nngr_nngrRevaluationsOnDebtSecuritiesAtFairValueThroughOCI_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_RevaluationsOnLoansAtFairValueThroughOCI" xlink:to="label_nngr_nngrRevaluationsOnLoansAtFairValueThroughOCI_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_RealisedGainsLossesTransferredToTheProfitAndLossAccount" xlink:to="label_nngr_nngrRealisedGainsLossesTransferredToTheProfitAndLossAccount_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_RealisedResultsAndImpairmentsOnInvestments" xlink:to="label_nngr_nngrRealisedResultsAndImpairmentsOnInvestments_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_NetPremiumsClaimsAndAttributableExpensesOnReInsuranceContracts" xlink:to="label_nngr_nngrNetPremiumsClaimsAndAttributableExpensesOnReInsuranceContracts_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_InvestmentsAtCostChange" xlink:to="label_nngr_nngrInvestmentsAtCostChange_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_InvestmentsAtFairValueThroughOCIInvestments" xlink:to="label_nngr_nngrInvestmentsAtFairValueThroughOCIInvestments_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_InvestmentsAtCostInvestments" xlink:to="label_nngr_nngrInvestmentsAtCostInvestments_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_InvestmentsAtFairValueThroughProfitOrLossInvestments" xlink:to="label_nngr_nngrInvestmentsAtFairValueThroughProfitOrLossInvestments_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_InvestmentsAtFairValueThroughOCIDisposals" xlink:to="label_nngr_nngrInvestmentsAtFairValueThroughOCIDisposals_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_InvestmentsAtCostDisposals" xlink:to="label_nngr_nngrInvestmentsAtCostDisposals_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_InvestmentsAtFairValueThroughProfitOrLossDisposals" xlink:to="label_nngr_nngrInvestmentsAtFairValueThroughProfitOrLossDisposals_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_RepaymentsOfUndatedSubordinatedNotes" xlink:to="label_nngr_nngrRepaymentsOfUndatedSubordinatedNotes_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_RepaymentsOfSubordinatedNotes" xlink:to="label_nngr_nngrRepaymentsOfSubordinatedNotes_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_CouponOnUndatedSubordinatedNotesClassifiedAsFinancingActivities" xlink:to="label_nngr_nngrCouponOnUndatedSubordinatedNotesClassifiedAsFinancingActivities_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_CashAndCashEquivalentsAtBeginningOfTheYearWithoutHeldForSale" xlink:to="label_nngr_nngrCashAndCashEquivalentsAtBeginningOfTheYearWithoutHeldForSale_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_CashAndCashEquivalentsAtBeginningOfTheYearClassifiedAsAssetsHeldForSale" xlink:to="label_nngr_nngrCashAndCashEquivalentsAtBeginningOfTheYearClassifiedAsAssetsHeldForSale_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" xlink:to="label_nngr_ifrs-fullCashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_PeriodStart" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" xlink:to="label_nngr_ifrs-fullCashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_PeriodEnd" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="nngr_UndatedSubordinatedNotesMember" xlink:to="label_nngr_UndatedSubordinatedNotesMember" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_IssuanceRedemptionUndatedSubordinatedNotes" xlink:to="label_nngr_nngrIssuanceRedemptionUndatedSubordinatedNotes_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_ChangesInShareCapital" xlink:to="label_nngr_nngrChangesInShareCapital_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_EmployeeStockOptionAndSharePlans" xlink:to="label_nngr_nngrEmployeeStockOptionAndSharePlans_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_CouponOnUndatedSubordinatedNotes" xlink:to="label_nngr_nngrCouponOnUndatedSubordinatedNotes_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_ChangesInTheCompositionOfTheGroupAndOtherChanges" xlink:to="label_nngr_nngrChangesInTheCompositionOfTheGroupAndOtherChanges_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_ImpactNetOfTaxOfIFRS9" xlink:to="label_nngr_nngrImpactNetOfTaxOfIFRS9_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="nngr_ImpactNetOfTaxOfIFRS17" xlink:to="label_nngr_nngrImpactNetOfTaxOfIFRS17_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <label xlink:label="label_nngr_nngrInvestments_Standard" id="nngr_nngrInvestments_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Investments</label>
    <label xlink:label="label_nngr_nngrInsuranceAndReinsuranceContractsAssets_Standard" id="nngr_nngrInsuranceAndReinsuranceContractsAssets_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Insurance and reinsurance contracts that are assets</label>
    <label xlink:label="label_nngr_nngrTotalOtherAssets_Standard" id="nngr_nngrTotalOtherAssets_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Total Other Assets</label>
    <label xlink:label="label_nngr_nngrInsuranceAndInvestmentContracts_Standard" id="nngr_nngrInsuranceAndInvestmentContracts_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Insurance and investment contracts</label>
    <label xlink:label="label_nngr_nngrFunding_Standard" id="nngr_nngrFunding_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Funding</label>
    <label xlink:label="label_nngr_nngrOther_Standard" id="nngr_nngrOther_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Other</label>
    <label xlink:label="label_nngr_nngrExpectedClaimsAndBenefits_Standard" id="nngr_nngrExpectedClaimsAndBenefits_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Expected claims and benefits</label>
    <label xlink:label="label_nngr_nngrExpectedAttributableExpenses_Standard" id="nngr_nngrExpectedAttributableExpenses_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Expected attributable expenses</label>
    <label xlink:label="label_nngr_nngrInsuranceIncomePremiumAllocationApproach_Standard" id="nngr_nngrInsuranceIncomePremiumAllocationApproach_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Insurance income Premium Allocation Approach</label>
    <label xlink:label="label_nngr_nngrIncurredAttributableExpenses_Standard" id="nngr_nngrIncurredAttributableExpenses_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Incurred attributable expenses</label>
    <label xlink:label="label_nngr_nngrInsuranceExpensesPremiumAllocationApproach_Standard" id="nngr_nngrInsuranceExpensesPremiumAllocationApproach_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Insurance expenses Premium Allocation Approach</label>
    <label xlink:label="label_nngr_nngrNetInsuranceResult_Standard" id="nngr_nngrNetInsuranceResult_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Net insurance result</label>
    <label xlink:label="label_nngr_nngrInterestIncome_Standard" id="nngr_nngrInterestIncome_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Interest income</label>
    <label xlink:label="label_nngr_nngrRealisedGainsLossesOnInvestmentsAtCostAndAtFairValueThroughOCI_Standard" id="nngr_nngrRealisedGainsLossesOnInvestmentsAtCostAndAtFairValueThroughOCI_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Realised gains (losses) on Investments at cost and at fair value through OCI</label>
    <label xlink:label="label_nngr_nngrOtherInvestmentResult_Standard" id="nngr_nngrOtherInvestmentResult_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Other Investment Result</label>
    <label xlink:label="label_nngr_nngrInvestmentResult_Standard" id="nngr_nngrInvestmentResult_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Investment result</label>
    <label xlink:label="label_nngr_nngrFinanceResultOnReInsuranceContracts_Standard" id="nngr_nngrFinanceResultOnReInsuranceContracts_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Finance result on (re) insurance contracts</label>
    <label xlink:label="label_nngr_nngrResultOnInvestmentContracts_Standard" id="nngr_nngrResultOnInvestmentContracts_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Result on investment contracts</label>
    <label xlink:label="label_nngr_nngrOtherFinanceResult_Standard" id="nngr_nngrOtherFinanceResult_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Other Finance Result</label>
    <label xlink:label="label_nngr_nngrFinanceResult_Standard" id="nngr_nngrFinanceResult_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Finance result</label>
    <label xlink:label="label_nngr_nngrNetInvestmentResult_Standard" id="nngr_nngrNetInvestmentResult_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Net investment result</label>
    <label xlink:label="label_nngr_nngrOtherResult_Standard" id="nngr_nngrOtherResult_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Other result</label>
    <label xlink:label="label_nngr_nngrProfitLossBeforeTaxFromContinuingOperations_Standard" id="nngr_nngrProfitLossBeforeTaxFromContinuingOperations_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Result before tax</label>
    <label xlink:label="label_nngr_nngrNetResultFromDiscontinuedOperations_Standard" id="nngr_nngrNetResultFromDiscontinuedOperations_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Net result from discontinued operations</label>
    <label xlink:label="label_nngr_nngrNetResultFromDisposalOfDiscontinuedOperations_Standard" id="nngr_nngrNetResultFromDisposalOfDiscontinuedOperations_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Net result from disposal of discontinued operations</label>
    <label xlink:label="label_nngr_nngrRevaluationsOnDebtSecuritiesAtFairValueThroughOCI_Standard" id="nngr_nngrRevaluationsOnDebtSecuritiesAtFairValueThroughOCI_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Revaluations on debt securities at fair value through OCI</label>
    <label xlink:label="label_nngr_nngrRevaluationsOnLoansAtFairValueThroughOCI_Standard" id="nngr_nngrRevaluationsOnLoansAtFairValueThroughOCI_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Revaluations on loans at fair value through OCI</label>
    <label xlink:label="label_nngr_nngrRealisedGainsLossesTransferredToTheProfitAndLossAccount_Standard" id="nngr_nngrRealisedGainsLossesTransferredToTheProfitAndLossAccount_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Realised gains/losses transferred to the profit and loss account</label>
    <label xlink:label="label_nngr_nngrRealisedResultsAndImpairmentsOnInvestments_Standard" id="nngr_nngrRealisedResultsAndImpairmentsOnInvestments_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Realised results and impairments on investments</label>
    <label xlink:label="label_nngr_nngrNetPremiumsClaimsAndAttributableExpensesOnReInsuranceContracts_Standard" id="nngr_nngrNetPremiumsClaimsAndAttributableExpensesOnReInsuranceContracts_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Net premiums, claims, and attributable expenses on (re) insurance contracts</label>
    <label xlink:label="label_nngr_nngrInvestmentsAtCostChange_Standard" id="nngr_nngrInvestmentsAtCostChange_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Investments at cost change</label>
    <label xlink:label="label_nngr_nngrInvestmentsAtFairValueThroughOCIInvestments_Standard" id="nngr_nngrInvestmentsAtFairValueThroughOCIInvestments_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Investments at fair value through OCI investments</label>
    <label xlink:label="label_nngr_nngrInvestmentsAtCostInvestments_Standard" id="nngr_nngrInvestmentsAtCostInvestments_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Investments at cost investments</label>
    <label xlink:label="label_nngr_nngrInvestmentsAtFairValueThroughProfitOrLossInvestments_Standard" id="nngr_nngrInvestmentsAtFairValueThroughProfitOrLossInvestments_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Investments at fair value through profit or loss investments</label>
    <label xlink:label="label_nngr_nngrInvestmentsAtFairValueThroughOCIDisposals_Standard" id="nngr_nngrInvestmentsAtFairValueThroughOCIDisposals_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Investments at fair value through OCI Disposals</label>
    <label xlink:label="label_nngr_nngrInvestmentsAtCostDisposals_Standard" id="nngr_nngrInvestmentsAtCostDisposals_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Investments at cost disposals</label>
    <label xlink:label="label_nngr_nngrInvestmentsAtFairValueThroughProfitOrLossDisposals_Standard" id="nngr_nngrInvestmentsAtFairValueThroughProfitOrLossDisposals_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Investments at fair value through profit or loss disposals</label>
    <label xlink:label="label_nngr_nngrRepaymentsOfUndatedSubordinatedNotes_Standard" id="nngr_nngrRepaymentsOfUndatedSubordinatedNotes_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Repayments of undated subordinated notes</label>
    <label xlink:label="label_nngr_nngrRepaymentsOfSubordinatedNotes_Standard" id="nngr_nngrRepaymentsOfSubordinatedNotes_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Repayments of subordinated notes</label>
    <label xlink:label="label_nngr_nngrCouponOnUndatedSubordinatedNotesClassifiedAsFinancingActivities_Standard" id="nngr_nngrCouponOnUndatedSubordinatedNotesClassifiedAsFinancingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Coupon on undated subordinated notes, classified as financing activities</label>
    <label xlink:label="label_nngr_nngrCashAndCashEquivalentsAtBeginningOfTheYearWithoutHeldForSale_Standard" id="nngr_nngrCashAndCashEquivalentsAtBeginningOfTheYearWithoutHeldForSale_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Cash and cash equivalents at beginning of the year without held for sale</label>
    <label xlink:label="label_nngr_nngrCashAndCashEquivalentsAtBeginningOfTheYearClassifiedAsAssetsHeldForSale_Standard" id="nngr_nngrCashAndCashEquivalentsAtBeginningOfTheYearClassifiedAsAssetsHeldForSale_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Cash and cash equivalents at beginning of the year classified as assets held for sale</label>
    <label xlink:label="label_nngr_ifrs-fullCashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_PeriodStart" id="nngr_ifrs-fullCashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_PeriodStart" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en">Cash and cash equivalents at beginning of period</label>
    <label xlink:label="label_nngr_ifrs-fullCashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_PeriodEnd" id="nngr_ifrs-fullCashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_PeriodEnd" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en">Cash and cash equivalents at end of period</label>
    <label xlink:label="label_nngr_UndatedSubordinatedNotesMember" id="nngr_UndatedSubordinatedNotesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Undated subordinated notes [member]</label>
    <label xlink:label="label_nngr_nngrIssuanceRedemptionUndatedSubordinatedNotes_Standard" id="nngr_nngrIssuanceRedemptionUndatedSubordinatedNotes_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Issuance (redemption) of undated subordinated notes</label>
    <label xlink:label="label_nngr_nngrChangesInShareCapital_Standard" id="nngr_nngrChangesInShareCapital_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Changes in share capital</label>
    <label xlink:label="label_nngr_nngrEmployeeStockOptionAndSharePlans_Standard" id="nngr_nngrEmployeeStockOptionAndSharePlans_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Employee stock option and share plans</label>
    <label xlink:label="label_nngr_nngrCouponOnUndatedSubordinatedNotes_Standard" id="nngr_nngrCouponOnUndatedSubordinatedNotes_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Coupon on undated subordinated notes</label>
    <label xlink:label="label_nngr_nngrChangesInTheCompositionOfTheGroupAndOtherChanges_Standard" id="nngr_nngrChangesInTheCompositionOfTheGroupAndOtherChanges_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">ChangesInTheCompositionOfTheGroupAndOtherChanges</label>
    <label xlink:label="label_nngr_nngrImpactNetOfTaxOfIFRS9_Standard" id="nngr_nngrImpactNetOfTaxOfIFRS9_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Impact (net of tax) of IFRS 9</label>
    <label xlink:label="label_nngr_nngrImpactNetOfTaxOfIFRS17_Standard" id="nngr_nngrImpactNetOfTaxOfIFRS17_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Impact (net of tax) of IFRS 17</label>
  </labelLink>
</linkbase>