October 31, 2024/US SEC Yesterday, the Securities and Exchange Commission (“SEC”) charged Pannon Investment Advisors LLC and its Chief Executive Officer, Dusan Varga, alleging they fraudulently raised approximately $1.6 million from at least 20 investors through an unregistered securities offering. Most of the investors are members of the Serbian-American community, […]
Author: InvestAdvocate
NGXASI Declines -0.38% on Losses in Dangote Sugar, FBNH, TRANSCORP
October 31, 2024/InvestmentOne Report The NGXASI declined today by 0.38% to close at 97,651.23pts, given the negative bias observed on TRANSCORP (-1.96%), FBNH (-1.32%) and DANGSUGAR (-2.22%) which drove the domestic bourse into the red. In the fixed income space, the Treasury Bills secondary market traded on a slightly positive note amidst […]
Dangote Sugar Refinery Plc 9M 2024: Expanding Bottom-Line Loss Due to Currency Devaluation Impact
October 31, 2024/CSL Research Dangote Sugar Refinery Plc. (DSR) recently released its 9M 2024 results, reporting a 56.4% y/y Revenue growth to ₦484.43 billion from ₦309.71 billion in 9M 2023. On a quarterly basis, Revenue also advanced by 9.2% q/q, reaching ₦188.80 billion in Q3 2024 compared to ₦172.90 billion […]
