Access Bank to acquire 83.4% stake of Kenya’s Sidian Bank Limited
Access Holdings Plc has announced that its wholly owned subsidiary, Access Bank Plc has entered into a binding agreement with Kenyan based Centum Investment Plc for the acquisition of 83.4% equity stake held by Centum in Sidian Bank Limited. The purchase consideration is approximately up to N15 billion ($37 million), […]
Market declines closes lower by 0.14%
The equity market on Wednesday closed lower as the All Share Index declined by 0.14% to settle at 53,193.98 points from the previous close of 53,270.88 points. The Market Capitalisation declined by 0.15% to close at N28.677 trillion from the previous close of N28.719 trillion, thereby shedding N42 billion. An[…]
Cutix Plc reports N7.88bn as turnover, PAT rises by 29.41% in 12 months
Cutix Plc recently published its Fourth Quarter report for the 12 months period ended 30 April 2022. The report shows year on year growth in the Company’s top line and bottom line figures for the 12 months period. A turnover of N7.879 billion was reported for the 12 months period,[…]
Aluminium Extrusion Industries Plc declares 50 kobo dividend to shareholders
Aluminium Extrusion Industries Plc has notified the Nigerian Exchange that the company proposed a final dividend of 50 Kobo for every share of 50kobo, subject to appropriate withholding tax and approval will be paid to shareholders whose names appear in the Register of Members as at the close of business[…]










