November 14, 2024/Cordros Report EQUITIES The Nigerian equities market reversed yesterday’s gains as sell pressures on BUACEMENT (-5.9%) undermined market performance. Thus, the NGX-ASI declined by 0.2% to 97,233.07 points. Consequently, the Month-to-Date and Year-to-Date returns settled at -0.4% and +30.0%, respectively. The total volume traded increased by 20.0% to […]
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Access Bank UK Announces Acquisition of Majority Stake in Afrasia Bank
November 14, 2024/NGX Access Holdings Plc (“Access Holdings”) today announces that its banking group’s, subsidiary, The Access Bank UK Limited (“the Access UK”) has entered into a binding agreement to acquire a majority equity stake in Afrasia Bank Limited (“Afrasia Bank”), the Republic of Mauritius’ fourth largest bank by total […]
UBA, ZENITHBANK Drives Nigerian Stocks to +0.2% Gain
November 13, 2024/Cordros Report EQUITIES The local bourse ended today’s session higher underpinned by gains in UBA (+3.5%) and ZENITHBANK (+2.4%). As a result, the All-Share index advanced by 0.2% to 97,477.80 points, with the Month-to-Date and Year-to-Date returns printing -0.2% and +30.4%, respectively. The total trading volume decreased by 30.7% […]
