Australian parent company Austal Limited also charged with fraud August 27, 2024/US SEC The Securities and Exchange Commission today announced that Austal USA, LLC, a Mobile, Alabama-based shipbuilder, and its Australia-based parent company, Austal Limited, have agreed to settle the SEC’s charges that the companies conducted a fraudulent revenue recognition […]
Author: InvestAdvocate
Nigerian Stocks Remain Bullish +0.5%, Buoyed by Blue Chips
August 27, 2024/Cordros Report EQUITIES Sentiments remained bullish in the domestic bourse as bargain hunting activities in FBNH (+10.0%) and OANDO (+10.0%) spurred a 0.5% increase in the benchmark index. As a result, the All-Share Index closed at 96,510.13 points, with the Month-to-Date and Year-to-Date returns settling at -1.3% and […]
NGXASI Gains +0.49%, Driven by Bellwether Counters
August 27, 2024/InvestmentOne Report The NGXASI advanced today by 0.49% to close at 96,510.13 pts as gains in FBNH (+9.98%), OANDO (+9.98%) and OKOMUOIL(+9.98%) drove the domestic equities market into the green region. In the fixed income space, the Treasury Bills secondary market closed positive as there was optimistic sentiment along all […]
