January 16, 2023/Cordros Report EQUITIES The Nigerian equities market resumed the week on a bearish note as profit-taking activities on ZENITH BANK (-3.7%) undermined today’s performance. As a result, the All-Share Index dipped by 0.3% to 52,348.82 points, with Year-to-Date return settling at +2.1%. The total volume traded increased […]
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Access Holdings Says Acquisition of Kenyan-Based Sidian Bank Incomplete
January 16, 2023/NGX Access Holdings Plc trading as Access Corporation on June 8, 2022, announced that its flagship subsidiary, Access Bank Plc (‘the Bank’) has entered into a binding agreement with Kenyan-based Centum Investment Plc for the acquisition of the entire 83.4% shareholding held by Centum in Sidian Bank Ltd […]
Bulls Return as NGX Records +2.5% Weekly Gain on Bargain-Hunting in Bellwether
Bullish sentiments returned to the Nigerian equities market as investors renewed interest in bellwether stocks. Accordingly, the All-Share Index advanced by 2.5% w/w to close at 52,512.48 points, January 13, 2023/Cordros Report Global Economy According to the United States Bureau of Labor Statistics (BLS), headline inflation in the world’s largest […]
