June 7, 2022/Cordros Report EQUITIES The Nigerian equities market extended yesterday’s positive trading as the All-Share Index notched a 0.4% gain to close at 53,270.88 points. Today’s performance was underpinned by the sustained demand for MTNN (+2.4%). Accordingly, the Month-to-Date and Year-to-Date returns increased to +0.5% and +24.7%, respectively. The […]
Investors Bite
Airtel Africa Announces $42 Million DRC Spectrum Acquisition
June 6, 2022/NGX Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, today announces the purchase of 58 MHz of additional spectrum spread across 900, 1800, 2100 and 2600 MHz bands, for a gross consideration of $42m. The licence for […]
Union Bank CEO, others Exit on Titan Trust Acquisition
June 3, 2022/NGX Following Union Bank of Nigeria Plc’s (‘Union Bank’ or ‘the Bank’) notification in December 2021 of the execution of a Share Sale and Purchase Agreement (SSPA) between the Bank’s majority shareholders – Union Global Partners Limited, Atlas Mara Limited, et al. – and Titan Trust Bank Limited […]

