October 2, 2024/Cordros Report EQUITIES The Nigerian equities market traded with bearish sentiments driven by profit-taking activities in OANDO (-6.8%), UBA (-4.6%), FBNH (-4.4%), and ACCESSCORP (-4.1%). Thus, the All-Share Index declined by 0.3% to close at 98,232.39 points, with the Year-to-Date returns moderating to +31.4%. The total trading volume declined […]
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PepsiCo to Acquire Siete Foods for $1.2 Billion
October 1, 2024/PepsiCo PepsiCo, Inc. (NASDAQ: PEP) (“PepsiCo”) today announced that it has entered into a definitive agreement to acquire Garza Food Ventures LLC, dba Siete Foods (“Siete”) for $1.2 billion. The acquisition will complement PepsiCo’s portfolio with the addition of an authentic, Mexican-American brand, while also growing its better-for-you […]
NGXASI Gains +0.10% to Start Week, Buoyed by ACCESS, UBA, OANDO
September 30, 2024/InvestmentOne Report The NGXASI advanced today by 0.10% to close at 98,558.79pts as investors buy interest in UBA (+9.90%), OANDO (+9.84%) and ACCESSCORP (+5.64%) drove the local bourse into the positive zone. In the fixed income space, the Treasury Bills secondary market closed on a flattish note, this was primarily driven […]
