20

May

Stock market rebounds with 1.05% growth, investors gain N298bn

The Nigerian stock market on Thursday closed on a bullish note, occasioned by 5.68% gain in MTN and 20 other gainers. The All Share Index appreciated by 1.05% to close at 53,275.49 points from the previous close of 52,721.34 points. Investors gained N298 billion as the Market Capitalisation grew by 1.05% to close at N28.721 trillion from[…]

19

May

Access Bank to divest from its pension fund business

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[…]