23

May

Market down by 0.22% WtD on profit taking

The Nigerian stock market closed lower last week, occasioned by profit taking in MTN and 41 other stocks. The All Share Index and Market capitalization dropped by 0.22% to settle at 52,979.96 and N28.562 trillion respectively. An aggregate of 3.02 billion units of shares were traded in 29,151 deals, valued at N31.78 billion. The market breadth closed […]

20

May

Stock market closes bearish as NGXASI declined by 0.55%

The Nigerian Stock Exchange Market on Friday closed on bearish note as The All Share Index declined by 0.55% to close at 52,979.96 points from the previous close of 53,275.49 points. Investors lose N159 billion as the Market Capitalisation dropped by 0.55% to close at N28.562 trillion from the previous close of N28.721 trillion. At the close[…]

20

May

Access Holdings Plc to acquire majority equity stake in First Guarantee Pension Limited

Access Holdings Plc, trading as Access Corporation has announced that it has entered into a definitive with First Guarantee Pension Limited regarding the potential acquisition of majority equity stake in the Company. The transaction is a consequential step in the Corporations evolution from a narrow banking business into a financial service holding company positioned to gain relevant[…]