Author: InvestAdvocate

NGXASI Declines -0.01%, Dragged by Blue Chips

October 10, 2024/InvestmentOne Report The NGXASI declined today by 0.01% to close at 97,477.19pts as losses­­ in NB (-3.83%), FIDELITYBK (-3.36%) and UBA (-1.67%) propelled the local bourse into the negative zone. In the fixed income space, the Treasury Bills secondary market closed negative largely due to selloffs on the short to […]

SEC Issues $12 Million Award to Joint Whistleblowers

October 10, 2024/US SEC The Securities and Exchange Commission today announced a $12 million award to be split among three joint whistleblowers who provided critical information and assistance in an SEC enforcement action. The joint whistleblowers provided the SEC significant information and extensive cooperation, which helped expand the scope of […]

Nigerian Equities Trade with Mixed Sentiments as Indices Dip -0.01% on Losses in Banking Counters

October 10, 2024/Cordros Report EQUITIES The Nigerian equities traded with mixed sentiments as the sell pressures on UBA (-1.7%) and FIDELITYBK (-3.4%) offset investors’ interest in OANDO (+2.8%) and GTCO (+1.6%). Precisely, the All-Share Index settled 1bp lower to close at 97,477.19 points. As a result, the Month-to-Date and Year-to-Date […]