December 20, 2024/US SEC The Securities and Exchange Commission today announced charges against two private companies and one registered investment adviser for failing to timely file Forms D for several unregistered securities offerings in violation of Rule 503 of Regulation D. The parties charged are: GRID 202 LLC, a registered […]
Author: InvestAdvocate
Nigerian Equities Close Third Straight Week Higher +1.8% on Oil & Gas Interest
The Nigerian equities market closed higher for the third consecutive week, as bargain-hunting in ARADEL (+20.7%) following ministerial consent for the acquisition of Shell Petroleum Development Company (SPDC) by Renaissance Africa Energy Limited, as well as strong performances by GTCO (+7.7%), and TRANSCOHOT (+9.4%) caused the All-Share Index (ASI) to […]
NGXASI Dips -0.12% on Losses in Bellwether Counters
December 20, 2024/InvestmentOne Report The NGXASI declined by 0.12% today to close at 101,129.09pts, as sell-off witnessed in NB (-3.33%), WAPCO (+2.84%) and TRANSCORP (+0.58%) pushed the local bourse into the negative zone. In the fixed income space, the Treasury Bills secondary market closed on a bearish note today, largely due to the […]
