Trading activities on the floor of the Nigerian Stock Exchange on Thursday closed on the negative route following losses recorded by blue chip firms.

Access Bank, Nigeria’s biggest bank by customer base, is in talks to acquire some assets belonging to Atlas Mara Limited, a financial services group, in order to expand its reach on the continent.

The Nigerian equities market closed positive today as NSE-ASI gained +0.45%. The All Share Index (ASI), advanced from its opening index of 34,885.51 points to close at 35,042.14 points. The Aggregate market value of all quoted equities also increased from its opening value of N18.227 trillion to start the week at N18.309 trillion.

The Nigerian Stock Exchange (“NSE” or “The Exchange”) is pleased to announce the migration of Chellarams Plc, Living Trust Mortgage Plc, McNichols Plc, and The Initiates Plc from the Alternative Securities Market (ASeM) to the Growth Board and the launch the associated Growth Board Index on Monday, 30 November 2020.  This migration follows the receipt of applications from these companies requesting to be migrated from ASeM, and consequent screening and approval by the National Council of The Exchange.