September 16, 2024/US SEC The Securities and Exchange Commission today charged Federico Nannini, his father, and two of his friends for insider trading in advance of the pending acquisition of Infrastructure and Energy Alternatives, Inc. (IEA) by MasTec Inc., a client of the financial consulting firm where Nannini worked as […]
Author: InvestAdvocate
Nigeria’s Headline Inflation Eases to 32.15% in August 2024, Still Higher Year-on-Year
September 16, 2024/NBS In August 2024, the headline inflation rate further eased to 32.15% relative to the July 2024 headline inflation rate of 33.40%. Looking at the movement, the August 2024 headline inflation rate showed a decrease of 1.25% points when compared to the July 2024 headline inflation rate. However, […]
United Capital Raises Over $900 Million as Lead Issuing House to FGN Inaugural Domestic Dollar Bond
September 16, 2024/United Capital Nigeria’s leading financial services group, United Capital Group, acted as the Lead Issuing House and Coordinator for successfully issuing the FGN Domestic Dollar Bond, Nigeria’s first ever domestic US dollar-denominated bond. The transaction generated unprecedented domestic demand, raising over US$900m to achieve over 180% subscription levels, […]
