Author: InvestAdvocate

Unilever Nigeria Plc Q3-24: Strong Topline Growth Supports Profitability

October 21, 2024/Cordros Report Unilever Nigeria Plc (UNILEVER) published their Q3-24 unaudited results this afternoon reporting standalone earnings per share of NGN1.14 (Q3-23: NGN0.59). Similarly, for 9M-24, the company also posted an EPS increase to NGN1.92 (9M-23: NGN1.30). The increase in earnings was primarily due to robust revenue growth (+54.5% […]

UBA, OANDO, SEPLAT Drives NGXASI to Open Week Positive +0.64%

October 21, 2024/InvestmentOne Report The NGXASI closed the first trading day of the week on a positive note as it surged by 0.64% to close at 98,694.80pts as buy interests in SEPLAT (+9.99%), UBA (+4.33%) and OANDO (+3.77%) drove the local equities market into the positive territory. In the fixed income space, […]

SEC Charges Advisory Firm WisdomTree with Failing to Adhere to Its Own Investment Criteria For ESG-Marketed Funds

Firm misstated that funds did not invest in companies involved in fossil fuels and tobacco October 21, 2024/US SEC The Securities and Exchange Commission today charged New York-based investment adviser WisdomTree Asset Management Inc. with making misstatements and for compliance failures relating to the execution of an investment strategy that […]