Investors Bite

NEM Insurance Says Share Reconstruction, Redenomination Extends to December 29, 2021

December 24, 2021/NGX With reference to the notice of Share Reconstruction/Redenomination by NEM Insurance Plc given on the 9th of December 2021, the Company hereby informs its shareholders and the investing public that the reconstruction/redenomination of NEM Insurance Plc’s shares from a nominal share value of N0.50 to N1.00 is yet to be […]

Bears Dominate Weekly Proceedings as NGX-ASI Dips -0.2% Ahead of Christmas

The bears dictated proceedings in the domestic bourse, as profit-taking activities dominated market performance, with the benchmark index recording declines on three of the five trading sessions of the week. Precisely, the All-share Index declined by 0.2% to close at 42,262.85 points.  December 24, 2021/Cordros Report Global economy For the […]

Titan Trust Bank Takes Over Union Bank, Nigeria’s Second Oldest Bank

Image Credit: titantrustbank.com   December 23, 2021/Proshare by Titan Trust Bank   The Board of Union Bank of Nigeria Plc (Union Bank) notified the NGX and Securities Exchange Commission that its investors Union Global Partners Limited, Atlas Mara Limited and other shareholders have reached an agreement with Titan Trust Bank Limited (TTB) to […]