July 21, 2025/United Capital Report Equities Market Summary Today, the Nigerian Stock Exchange Market closed on a slightly positive note following share price appreciation in BUACEMENT (+5.19%) and PRESCO (+5.14%). As a result, the benchmark All-Share Index (NGX-ASI) rose by 0.18% to close at 131,826.77 points. Year to date returns […]
Author: InvestAdvocate
Nigeria Records 3.1% GDP Growth in Q1 2025
July 21, 2025/CSL Research The National Bureau of Statistics (NBS) has released the rebased Gross Domestic Product (GDP) figures, adopting 2019 as the new base year. According to the updated data, the Nigerian economy expanded by 3.13% year-on-year (y/y) in Q1 2025. This marks a notable improvement compared to the […]
SEC Charges New York Resident with Investment Fraud Targeting Family and Friends
July 21, 2025/US SEC On July 17, 2025, the Securities and Exchange Commission charged New York resident Joseph J. D’Ambrosio with orchestrating a multi-year investment fraud through Hereford Holdings, L.L.C., an entity that he established to invest funds on behalf of family and friends, but which he used instead to […]
