Investors Bite

Nigerian Bourse Closes Week Lower -0.3% on Negative MPC Rate Hike

The domestic bourse closed the week lower as the market reacted negatively to the MPC’s interest rate hike. Consequently, the All-Share Index (ASI) declined by 0.3% w/w to 97,507.87 points. November 29, 2024/Cordros Report Global According to the Bureau of Labor Statistics (BLS), the United States Personal Consumption Expenditures (PCE) […]

Access Bank Completes Acquisition of Standard Chartered Angola, Sierra Leone

Image Credit: brandeconomy.com.ng November 27, 2024/NGX Further to our July 14, 2023 announcement regarding the above subject, Access Holdings Plc (‘Access Holdings’ or ‘the Company’) is pleased to announce that its flagship subsidiary, Access Bank Plc (‘Access Bank’ or ‘the Bank’) has completed the acquisition of Standard Chartered Bank Angola […]

UBA, FBNH, OANDO Buoy NGXASI to Advance +0.50%

November 28, 2024/InvestmentOne Report The NGXASI advanced by 0.50% today to close at 97,783.81pts, as the bargain hunting in OANDO (+5.40%), FBNH (+2.20%) and UBA (+1.56%) propelled the market into the green zone. In the fixed income space, the Treasury Bills secondary market exhibited a positive performance as seen from the decline […]