Investors Bite

Bargain-Hunting in BUACEMENT Drives Increase in NGX ASI +0.2%

December 5, 2022/Cordros Report EQUITIES Activities in the domestic equities carried on last week’s bullish performance, as bargain-hunting in BUACEMENT (+3.9%) drove a 0.2% increase in the All-Share Index to 48,270.23 points. Accordingly, the Month-to-Date and Year-to-Date returns increased to +1.3% and +13.0%, respectively. The total volume of trades increased […]

Nigerian Stocks Open Week Positive +0.24% Driven by Bellwether

December 5, 2022/InvestmentOne Update The Nigerian equites market began the week positively as the NGX-ASI edged higher by 0.24% to settle at 48,270.23pts.  In today’s trade, market breadth index was positive with 19 gainers against 15 losers.  GUINNESS (+10.00%) led the gainers, while GEREGU (-9.55%) was the top loser today.  UPDCREIT was […]

Access Holdings Completes Acquisition of Indirect Equity Stake In Sigma Pensions, Merger of Sigma, First Guarantee Pension

December 5, 2022/NGX Sequel to our announcement on October 25, 2022, Access Holdings Plc, trading as Access Corporation (‘the Corporation’) today announces the completion of its acquisition of an indirect equity stake in Sigma and the merger of its subsidiary, FGPL with Sigma. Following the sanction of the Scheme of […]