UBA, ACCESS And Others Rally Moves Banking Index Up

Sustained demand for UBA, Access Holdings, and Nigeria’s 3-F banks (FBNH, FCMB, and Fidelity Bank) boosted the banking index as the Nigerian Exchange rose further. The surge in interest in banking names coincided with the Central Bank’s decision to raise the benchmark interest rate by 50 basis points. Additionally, UBA and Access Holdings contributed to … Continue reading UBA, ACCESS And Others Rally Moves Banking Index Up