January 2, 2025/InvestmentOne Report The NGXASI advanced by 0.25% today to close at 103,180.14pts as gains in UCAP (+9.80%), UNILEVER (+9.26%) and ZENITHBANK (+0.77%) drove the Nigerian bourse into the green zone. In the fixed income space, the Treasury Bills secondary market traded on a positive note, due to buy pressure seen across […]
Author: InvestAdvocate
Ardova, Heyden Join Dangote Refinery to Ensure Affordable PMS for Nigerians
January 2, 2025/Dangote Group Propelled by the economic relief provided by President Bola Ahmed Tinubu’s crude-for-naira swap initiative, two prominent players in Nigeria’s downstream oil and gas sector—Ardova Plc and Heyden Petroleum—have entered into a bulk purchase agreement with the Dangote Petroleum Refinery. This strategic move is designed to ensure […]
SEC Obtains Judgment Against Former Executive at MoviePass’s Parent Company
January 2, 2025/US SEC On December 23, 2024, the U.S. District Court for the Southern District of New York entered a consent judgment against Theodore J. Farnsworth, former CEO of Helios & Matheson Analytics Inc. (HMNY), for making materially false and misleading statements concerning HMNY’s subsidiary, MoviePass, Inc., a movie […]
