Culled—Proshare August 7, 2020 By Zedcrest Capital Below are highlights of trading activities in the fixed income and forex market on August 08, 2020. FGN Bonds The FGN bond market started trading today on a sluggish note but activity picked up by mid-day as local investors began to scramble for bonds, […]
Money Market
Access Bank Zambian Subsidiary Says to Acquire Cavmont Bank
August 7, 2020/NSE Subsequent to our announcement on July 8, 2020, the Board of Access Bank Plc (“Access Bank”) announces today that its subsidiary, Access Bank (Zambia) Limited (“ABZ”) has entered into a definitive agreement with Cavmont Capital Holdings Zambia Plc (“CCHZ”) regarding a proposed acquisition of Cavmont Bank Limited […]
FBN Holdings GMD Lists Benefits of N25bn Injection into FirstBank
August 6, 2020/CAMCAN The Group Managing Director of FBN Holdings Plc, Mr. UK Eke, has said that the injection of N25 billion capital into, the group commercial banking arm, FirstBank, is in line with the Group’s mandate of delivering greater value to shareholders and strengthening the resolve to consolidate its leadership […]
