Author: InvestAdvocate

SEC Reaches Settlement with Fifth Individual Charged In Insider Trading Scheme

September 19, 2024/US SEC The Securities and Exchange Commission today announced settled charges against Philip Markin, the fifth individual charged in connection with an insider trading scheme to trade ahead of a pharmaceutical company tender offer. According to the SEC’s complaint, filed on September 10, 2024, Philip Markin made approximately […]

The Coca-Cola System in Nigeria Provides Economic Boost Through Major Investment

The US $1 billion investment will support job creation across the value chain September 19, 2024/Coca-Cola The Coca-Cola System in Nigeria, comprised of Coca-Cola Nigeria Limited and its authorized bottler, Nigeria Bottling Company (NBC), announced plans to expand its investments in Nigeria. Over the next five years, with a predictable […]

NGXASI Declines -0.19% on Losses in FBNH, OANDO, STANBIC

September 19, 2024/InvestmentOne Report The NGXASI declined today by 0.19% to close at 98,049.04pts as investors selloff their shares in FBNH (-9.88%), OANDO (-4.76%) and STANBIC (-3.51%) drove the Nigerian bourse into the negative territory. In the fixed income space, the Treasury Bills secondary market closed downwards driven by selloffs observed within […]