Investors Bite

Access Bank Gains N20.25b In Market CAP Today – ACCESS Grows By 9.40% As DIAMONDBNK Gains 9.47%

Culled—Proshare 17/12/2018/Proshare Research Market sentiment towards the stocks of Access Bank and Diamond Bank Plc today was positive following the expected announcement of an ongoing merger talks between the two banks which of both them finally confirmed via individual press releases.   At the end of trading today, ACCESS share price grew by […]

Diamond Bank Eurobond Rallies 800bps Following Merger Announcement

Culled—Proshare December 17, 2018/Zedcrest Capital ***CBN spends $11bn on forex this year*** KEY INDICATORS Indicator Value Commentary Inflation 11.28% As at December 14, 2018. A c.2bps increase from 11.26% recorded in October 2018 MPR 14.00% Left Unchanged for the 12th Consecutive Time at the Nov. 22, 2018 MPC Meeting External […]

SEC Confirms Notification on Access Bank/ Diamond Bank Merger

December 17, 2018/SEC The Securities and Exchange Commission (SEC) is aware of the intention of Access Bank and Diamond Bank to go into a merger.  Access bank and Diamond Bank have both notified the Commission and the general public. It is a notice to merge, they have not merged yet. […]