Author: InvestAdvocate

Nigerian Stocks Market Continue Bearish Run -0.4%, Dragged by ARADEL, TRANSCORP

October 31, 2024/Cordros Report EQUITIES The Nigerian stock market continued its descent as losses in ARADEL (-10.0%) and TRANSCORP (-2.0%) caused a 0.4% decline in the benchmark index to  97,651.23 points. Accordingly, the Month-to-Date and Year-to-Date returns settled at -0.9% and +30.6%, respectively. The total volume traded increased by 37.8% […]

Dangote Kicks Off Mega Environmental Restoration Project, Plants 10,000 Mangrove Trees

October 31, 2024/Dangote Group To enhance its environmental sustainability initiatives in line with global best practices, Dangote Industries Limited (DIL), has embarked on a restoration project of planting 10,000 mangrove trees across coastal states in Nigeria.   The project, in partnership with Eco-Restoration Foundation, kickstarted at Akodo-Ise, Ibeju-Lekki, Lagos, was […]

SEC Charges Philadelphia-Area Resident with Insider Trading

October 31, 2024/US SEC The Securities and Exchange Commission today charged Willow Grove, Pennsylvania resident Carlos Sacanell with insider trading ahead of an announcement that CVS Health Corporation, Inc. had agreed to acquire Oak Street Health, Inc. According to the SEC’s complaint, Sacanell was in a long-term relationship with a […]