January 20, 2020/Cordros Report Equities Bullish sentiments persist in the domestic equities market, as the NSE All-Share Index advanced by 0.31% to 29,710.56 points, driven by investors’ positioning in market bellwethers – MTNN (+1.34%), GUARANTY (+1.49%) and ZENITHBANK (+2.02%). Accordingly, Year-to-Date return strengthened to 10.69% while the Market Cap gained […]
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Union Bank Set for N20 Billion Series 3 and 4 Commercial Paper
January 20, 2020/NSE Following the successful registration of its N100 billion Commercial Paper (“CP”) Programme in 2018, Union Bank of Nigeria Plc. (“Union Bank” or “The Bank”) is set for its Series 3 and 4 CP issuance. This follows the debut issuance of the Series 1 and 2 offer in […]
Access Bank Secures Regulatory Approval to Acquire Transnational Bank, Kenya
January 19, 2020/Access Bank Plc Nigeria’s largest lender, Access Bank is pleased to announce that it has secured full regulatory approval for its proposed acquisition of majority equity stake in the Kenya-based Transnational Bank Ltd (TNB). It will be recalled that the Nigeria-based lender had in October 2019 announced that […]
