October 26, 2021/Cordros Report EQUITIES Mixed sentiments dominated trading in the Nigerian equities market for most of the day, following profit-taking activities in NB (-2.8%) that offset interests in its counterpart – INTBREW (+9.3%). Thus, the All-Share Index was unchanged at 41,814.94 points. Accordingly, Month-to-Date and Year-to-Date returns were flat […]
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MIDDAY UPDATE: Nigerian Stocks Up -0.04% on Gains Across Sectors
October 26, 2021/InvestmentOne Update ASI as at 12.00pm: +0.04% Market movers: UPL (+10.00%), COURTVILLE (+9.76%), UNITYBNK (-3.51%) and WEMABANK (-2.67%). Sector Performances: Consumer Goods (+0.38%), Oil and Gas (+0.27), Industrial (+0.08%) and Banking (-0.19%). Market activity: In today’s trade, total volume and value decreased by 76% and 74% respectively compared to this time yesterday, as investors have traded about 87million units of shares worth N1.03billion. FBNH (-0.40%) is the […]
Access Bank Announces Merger with Zambian African Banking Corporation
October 26, 2021/NGX Access Bank Plc (“the Bank”) announces today that it has executed a binding agreement with Atlas Mara Limited on a proposed merger between African Banking Corporation Zambia Limited (“Atlas Mara Zambia”) and the Bank’s subsidiary in Zambia, Access Bank Zambia Limited (“Access Bank Zambia’) (‘theTransaction’). Upon completion […]
