Investors Bite

MeCure Announces10% Equity Acquisition by Zrosk Investment

October 7, 2024/NGX MeCure Industries Plc announced the company’s successful acquisition of a 10% equity stake by Zrosk Investment Management Ltd. The transaction, which was conducted off-market, has been finalised following approval from the Nigerian Exchange Group (NGX). This move aims to strengthen MeCure Industries Plc’s capital base and accelerate […]

Access Bank Announces Provisional License to Establish Banking Subsidiary in Namibia

October 7, 2024/NGX Access Holdings Plc informed the investing public and the Nigerian Exchange Limited that its flagship subsidiary, Access Bank Plc, has obtained a provisional licence from the Bank of Namibia to establish a commercial bank in Namibia. The Managing Director/Chief Executive Officer of Access Bank Plc, who commented […]

NGXASI Gains +0.19% to Start Week, Buoyed by UBA, FIDELITY, Dangote Sugar

October 7, 2024/InvestmentOne Report The NGXASI advanced today by 0.19% to close at 97,706.70pts as buying interest in FIDELITYBK (+10.00%), DANGSUGAR (+5.88%) and UBA (+2.38%) buoyed the equities market into the positive zone. In the fixed income space, the Treasury Bills secondary market closed negative following selloffs seen on the mid and […]