Tag
INSURANCE STOCKS
Fortis Global Insurance Plc emerged as the best-performing stock on the Nigerian Exchange in the first nine months of 2026, with its share price rising 805% from 20 kobo at the end of 2025 to N1.81 by September 30.
Nigerian Exchange (NGX) benchmark All-Share Index (ASI) slipped by 403.40 points (0.16%) on Friday, October 2, 2026, to close at 250,808.27 points, down from 251,211.67 points recorded in the previous session; Wednesday, September 30, 2026.
So far in 2025, the Nigerian insurance sector, tracked by the NGX Insurance Index, has delivered an impressive year-to-date gain of 74.18%, ranking as the second-best performing sector after consumer goods at 86.11%.
Last July, The National Insurance Commission announced a slew of regulatory pronouncements targeted at increasing the market capitalization of insurance companies.
Shareholders of Sovereign Trust Insurance (STI) have given the board of directors permission to raise fresh capital. The...
The Insurance sector of the Nigerian stock exchange is not one to be entirely bullish about if you...