…Regal Insurance, while Red Star Express, Transnational Express, Meyer, Chellarams and Fortis Global Insurance led the decliners. Sectoral performance was largely negative, with the banking sector recording the biggest decline of 1.82 per cent. The consumer goods and oil and gas sectors also closed lower by 0.03 per cen…

…on Thursday. Friday’s downward performance was driven by sell-offs in stocks such as Fortis Global Insurance, Omatek Ventures, John Holt, RT Briscoe and Dangote Sugar, alongside 25 other decliners. Fortis Global Insurance led the losers’ chart, declining by 9.31 per cent, while International Energy Insurance led the ga…

…laggards after shedding 18.44% to close at N5.75 from N7.05.Other major decliners were:Fortis Global Insurance Plc (-16.13%)Tripple Gee and Company Plc (-15.54%)Veritas Kapital Assurance Plc (-15.38%)International Breweries Plc (-13.87%)Omatek Ventures Plc (-12.90%)C & I Leasing Plc (-12.60%)The Initiates Plc (-12.50%)…

…been driven by financial services companies listed on the Nigerian Exchange, with Fortis Global Insurance Plc recording an estimated 1,400 per cent return in dollar terms this year. Unlike South Korea, where technology and AI-related firms dominate the market, Nigeria's strong performance has been supported primarily b…

…listed on the Nigerian Exchange (NGX) have driven much of the market's gains, with Fortis Global Insurance Plc delivering a return of about 1,400 percent in dollar terms this year. Also, unlike South Korea's equity market, where technology and AI-related stocks dominate, Nigeria's rally has been driven largely by domes…

…(NEIMETH) - up 4.68% to N8.95 Ikeja Hotel (IKEJAHOTEL) - up 3.36% to N44.60 Fortis Global Insurance (FORTIS) - up 2.06% to N0.99 Royal Exchange (ROYALEX) - up 2.00% to N1.53 AXA Mansard Insurance (MANSARD) - up 1.98% to N12.85 UACN Plc (UACN) - up 1.65% to N185.00 Champion Breweries (CHAMPION) - up 0.76% to N13.20 Top…

…efficiency, enhance market perception, or comply with strategic restructuring plans. Fortis Global Insurance's reconstruction comes after shareholder approval obtained at its Extraordinary General Meeting in April 2025 and subsequent regulatory approvals from relevant authorities. The company has scheduled a trading su…