NGX Week to 24 August 2026: HMCALL Leads Gainers as Insurance Counters Slide; UPL Dividend Register Closes 31 August

The week's biggest moves were concentrated in small- and mid-cap names rather than index heavyweights, with Haldane McCall (+37.46%) and R.T. Briscoe (+14.35%) leading gainers while insurance counters International Energy Insurance (-32.88%), Fortis Global (-19.83%) and Royal Exchange (-17.95%) fell sharply. The most recent published exchange-wide data covers the week ended 14 August 2026, when equity turnover rose 26.6% to N176.058 billion and volume jumped 126.8% to 12.153 billion shares, even as the All-Share Index fell 1.20% and market capitalisation dropped about N1.89 trillion, leaving the benchmark up 55.91% year to date (withinnigeria/Serrari Group). Dividend timetables are also in focus, with University Press closing its register on 31 August 2026. For several movers on this week's list we could not verify any company-specific announcement, so those tickers are not covered below rather than explained with speculation.

Top movers this week

• HMCALL (Haldane Mccall Plc) +37.46% — Haldane McCall's Q1 2026 interim report showed revenue of N405.25 million, down from N718.01 million a year earlier, and profit of N73.02 million versus N169.23 million, while total assets grew to N21.62 billion. Its FY2025 accounts reported revenue of N2.28 billion and profit of N642.5 million. (source)
• RTBRISCOE (R.t Briscoe Nigeria) +14.35% — R.T. Briscoe reported Q1 2026 revenue up 85% year on year to N15.33 billion with gross profit up 118% to N3.71 billion, following FY2025 revenue of N40.41 billion (+41%) and profit of N2.80 billion versus N809 million in 2024. The company still carries a stretched balance sheet position. (source)
• UPL (University Press Plc) +8.25% — University Press proposed a final dividend of 18 kobo per share (up from 15 kobo) for the year ended 31 March 2026, payable on 24 September 2026 to shareholders on the register as at 31 August 2026. Audited results showed pre-tax profit of N389.52 million, down from N619.74 million a year earlier. (source)
• UACN (U A C Nigeria Plc) +6.56% — UAC of Nigeria's Q2 2026 earnings call highlighted a sharp revenue increase and a four-fold dividend rise, from 22 kobo to N1.00 per share, with 42 new retail touchpoints added at CAP in the first half. The N1.00 annual dividend was paid on 26 June 2026 (ex-date 15 June 2026). (source)
• TANTALIZER (Tantalizer Plc) +5.53% — Tantalizers returned to profitability with a N72.7 million profit after tax in 2025 on system revenue of about N2.9 billion, according to company financial summaries. Management had earlier set a multi-year revenue growth target across its business units. (source)

• INTENEGINS (International Energy Insurance Plc) -32.88% — International Energy Insurance completed a N17.5 billion public offer of 5,468,750,000 ordinary shares at N3.20 each, which opened 20 May 2026 and closed 11 June 2026, to strengthen its capital base and underwriting capacity. The offer price is a reference point for the stock's recent repricing. (source)
• FTGINSURE (Fortis Global Insurance Plc) -19.83% — Fortis Global Insurance (formerly Standard Alliance Insurance, renamed in May 2025) filed audited FY2025 financial statements through the NGX in June 2026, prepared under IFRS and signed off by newly appointed external auditors, TAC Professional Services. We found no separate company announcement dated this week tied to the share price move. (source)
• REDSTAREX (Red Star Express Plc) -18.33%
• ROYALEX (Royal Exchange Assurance) -17.95%
• NEIMETH (Neimeth International Pharmaceuticals) -12.65%

Upcoming ex-dividend dates

• HONYFLOUR (HONEYWELL FLOUR MILL PLC) — ₦0.2/share, ex-date 31 Aug
• UPL (UNIVERSITY PRESS PLC.) — ₦0.18/share, ex-date 31 Aug
• REDSTAREX (RED STAR EXPRESS PLC) — ₦0.45/share, ex-date 2 Sept
• LEARNAFRCA (LEARN AFRICA PLC) — ₦0.35/share, ex-date 14 Sept
• ACADEMY (ACADEMY PRESS PLC.) — ₦0.1/share, ex-date 17 Sept

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Educational weekly recap for the NGX — not investment advice. Figures and news are drawn from public sources linked above.