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), representing a price to book multiple of […]
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 aggregate of 248.958 million units of shares[…]
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, up by 16.82% from N6.745 billion reported[…]