Author: InvestAdvocate

SEC Seeks Public Comment to Improve Rules on Residential Mortgage-Backed Securities and Asset-Backed Securities

September 26, 2025/US SEC The Securities and Exchange Commission today published a concept release soliciting public comment on how to improve current SEC rules governing residential mortgage-backed securities (RMBS) and certain aspects of asset-backed securities (ABS) generally. The concept release notes there have been no public RMBS offerings since 2013, […]

Unity Bank Shareholders Approve Merger With Providus Bank

September 26, 2025/Unity Bank Plc Shareholders of Unity Bank Plc have approved the proposed merger with Providus Bank Limited, marking a major milestone in the business combination of the two financial institutions. At the Court-Ordered Meeting held on September 26, 2025, at the OOPL Hotel in Abeokuta, Ogun State, 295 […]

Bulls Regain Control as Equity Market Rebounds

September 26, 2025/United Capital Report Today, the Nigerian Stock Exchange Market closed on a positive note following share price appreciation in DANGCEM (+1.72%) and WAPCO(+6.47%). As a result, the benchmark All-Share Index (NGX-ASI) rose by 0.69% to close at 141,133.02 points. Year to date returns strengthened to close at 37.14%, […]