May 4, 2020/Cordros Report EQUITIES Trading at the domestic bourse began the week on a positive note, largely driven by investors’ demand for MTNN (+3.6%) shares. Thus, the All-Share Index increased by 0.3% to 23,089.86 points. Consequently, the Year-to-Date losses moderated to -14.0%. The total volume of trades decreased by […]

Culled—Proshare May 4, 2020/ by Afrinvest Research In the four-day trading sessions of last week, activity level in the Nigerian Treasury Bills (“NT-Bills”) secondary market remained mute as weak sentiments persisted across the yield curve. Although system liquidity improved (N638.0bn long as at Thursday) following inflows from a CRR refund […]

May 4, 2020/NSE The attention of Access Bank Plc (“the Bank”) has been drawn to rumours circulating in the news media that the Bank is closing over 300 of its branches in Nigeria and downsizing its workforce by 75%. These rumours have justifiably raised concerns among the Bank’s stakeholders including […]