August 19, 2024/US SEC The Securities and Exchange Commission today announced charges against Carl C. Icahn and his publicly traded company, Icahn Enterprises L.P. (IEP), for failing to disclose information relating to Icahn’s pledges of IEP securities as collateral to secure personal margin loans worth billions of dollars under agreements […]
Author: InvestAdvocate
Nigerian Stocks Start Week Bearish -1.4%, Dragged by Dangote CEMENT
August 19, 2024/Cordros Report EQUITIES Trading in the domestic equities market kicked off the week on a bearish note, following profit-taking activities in DANGCEM (-10.0%). As a result, the All-Share Index dipped by 1.4% to close at 95,779.79 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to -2.0% and […]
Wärtsilä Signs Decarbonisation Agreement for Madagascan Power Plant
August 19, 2024/Alesia Communication Technology group Wärtsilä’s renewal of its existing Operations and Maintenance (O&M) agreement with QIT Madagascar Minerals S.A (QMM), part of the Rio Tinto group, has been expanded to include a Decarbonisation Agreement. The Agreement is a groundbreaking offering in the energy sector, and allows for optimising […]