• Stocks to Watch The Nigerian stock market last week continued its southward journey as profit taking persist by investors. The All Share Index closed at 44,396.73 points on Friday 21, October 2022. Year to date, the market has returned 3.93%.Most stocks have touched their 52 weeks low and some are tending towards their year low. This […]
The Nigerian stocks market on Friday closed higher as the All Share Index advanced further by 0.15% to settle at 44,396.73 points from the previous close of 44,332.21 points. The Market Capitalisation was up by 0.14% to close at N24.182 trillion from the previous close of N24.147 trillion, thereby gaining N35 billion. An aggregate of 95 million[…]
The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have announced the completion of a Share Purchase Agreement (SPA) for the acquisition of 100% of the equity in Polaris Bank by Strategic Capital Investment Limited (SCIL). Polaris has been operating as a bridge bank since 2018 when the Central Bank of Nigeria[…]