Access Holdings Plc has announced that its subsidiary, Access Bank Plc has entered into a definitive agreement with First Pension Custodian Nigeria Limited regarding a proposed purchase by First Pension of the entire share capital of Access Pension Fund Custodian Limited held by Access Bank.
The National Pension Commission and the Central Bank of Nigeria have given their “no objection” to the transaction.
Source: Access Bank to divest from its pension fund business – StocksWatch (stocksng.com)
The Nigerian stock market rebounded last week after four consecutive sessions of losses, posting a ₦985 billion gain on the back of price growth in 70 equities. The All-Share Index (ASI) advanced by 1.13%, closing at 140,545.69 points, compared to 138,980.01 points in the previous week. Similarly, market capitalization rose by 1.12% to settle at ₦88.922 trillion, […]
The Nigerian equity market on Thursday closed on a positive note as The All Share Index moved up by 0.21% to close at 140,665.84 points from the previous close of 140,365.36 points. Investors gained N191 billion as the Market Capitalisation grew by 0.22% to close at N89.004 trillion from the previous close of N88.813 trillion. An aggregate[…]
