October 25, 2022/Cordros Report EQUITIES Bullish sentiments persisted in the Nigerian equities market as the NGX ASI advanced by 0.7% to 44,788.14 points. Today’s performance was supported by buying interest in BUACEMENT (+10.0%). Accordingly, the Month-to-Date loss moderated to -8.6%, while the Year-to-Date gain rose to +4.9%. The […]
Investors Bite
Nigerian Bourse Extend Gains +0.73% Driven by Banking, Industrial Sectors
October 25, 2022/InvestmentOne Update The Nigerian equities market settled higher by 0.73% as the NGX-ASI closed at 44,788.14pts. In today’s trade, market breadth index was negative with 18 losers against 9 gainers. BUACEMENT (+10.00%) led the gainers, while ROYALEX (-9.64%) was the top loser today. MBENEFIT was the most actively traded stock […]
Union Bank Announces Mandatory Takeover Offer to Union Bank Shareholders by Titan Trust Bank
October 25, 2022/NGX Union Bank of Nigeria Plc (‘’Union Bank’’ or ‘’the Bank’’) announces to Nigerian Exchange Limited and our esteemed stakeholders, that Titan Trust Bank Limited (‘’Titan Trust’’) has notified the Bank of a Mandatory Takeover Offer (“MTO”) that will be made to shareholders of Union Bank. The Mandatory […]
