May 12, 2023/InvestmentOne Update ASI as at 12.00pm: +0.07% Top Gainers and Losers: TRANSCORP (+9.75%), ARDOVA (+9.09%), CWG (-9.95%) and CILEASING (-9.86%). Sector Performances: Oil and Gas (+1.00%), Industrial (+0.01%), Banking (-0.10%) and Consumer Goods (-0.08%). Market activity: In today’s trade, total volume and value decreased by 47% and 29% respectively, […]
Investors Bite
NGX Records Further Losses -0.09% Dragged by Banking Counters
May 11, 2023/Cordros Report EQUITIES The Nigerian equities market sustained its descent, following profit-taking activities in GTCO (-2.4%), ZENITHBANK (-2.1%), and ACCESSCORP (-3.8%). Thus, the All-Share Index fell by 0.1% to 52,161.24 points. Accordingly, the Month-to-Date and Year-to-Date returns settled at -0.5% and +1.8%, respectively. The total volume traded declined […]
Union Bank Says Core Shareholders Titan Trust Bank to Acquire Its Entire Shares
May 10, 2023.NGX Union Bank of Nigeria Plc hereby notifies that Titan Trust Bank Limited, the Bank’s core shareholder, has informed the Board of Directors of Union Bank of an offer for the acquisition of all the shares held by the minority shareholders in Union Bank. The transaction will be […]
