Access Holdings, the parent company of Access Bank has formed a partnership with Coronation Group, Safaricom Plc and M-PESA Africa to boost regional remittance.
Profit-taking dips stock market further by 0.1 per cent Profit-taking dips stock market further by 0.1 per cent
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Bearish performance persists at the Nigerian Exchange Limited (NGX) as the market indicator sheds 0.1 per cent on Monday.
Owing to profit-taking of some high capitalised stocks the All Share Index (ASI) closed lower to 38,287.58 basis points. High Cap stocks such as Guaranty Trust Bank, Eterna Oil, Acces Bank and AIICO Insurance closed lower by 0.85 per cent, 2.50 per cent, 0.15 per cent and 0.06 per cent amid sell pressure.
Consequently, investors lost N19.1 billion as the market capitalisation settled at N19.956 trillion.
Accordingly, Month-to-date and Year-to-Date losses increased to -3.9 per cent and -4.9 per cent, respectively.