Fortis Global Insurance Plc (NGX: FTGINSURE) has resumed trading on the Nigerian Exchange after the suspension on its shares was lifted, marking a return to market activity for the insurer after several years off the trading floor.
The lifting of the suspension was announced in a market bulletin issued by NGX Regulation Limited and signed by Godstime Iwenekhai, Head of the Issuer Regulation Department, with the release dated 4 February 2026.
Trading in the company’s shares had been suspended since 2 July 2019 after it failed to file its financial statements within the required timeframe under the Exchange’s default filing rules.
Under those provisions, issuers that do not submit accounts after the cure period face suspension, with the market and the Securities and Exchange Commission duly notified.
The Exchange confirmed that the suspension was lifted following the company’s submission of all outstanding financial statements in compliance with listing requirements, paving the way for the reinstatement of trading in its shares.
The development restores Fortis Global Insurance’s presence on the NGX and could renew investor attention toward the company, formerly known as Standard Alliance Insurance Plc, as it re-engages the market following its regulatory clearance.
Following the lifting of the suspension, investor interest quickly returned to Fortis Global Insurance Plc, with the company’s share price rising by 9.09 percent on Thursday to close at ₦0.24.
Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.
