Author: InvestAdvocate

Bargain Hunting Continues as Nigerian Equities Gain +1.0% on Industrial Goods Counters

June 24, 2025/Cordros Report EQUITIES Bargain hunting activities continued today in the Nigerian equities market with BUACEMENT (+4.7%) and WAPCO (+9.1%) lifting the bourse. Consequently, the All-Share Index ended the session 1.0% higher at 119,790.82 points, with the Month-to-Date and Year-to-Date returns settling at +7.2% % and +16.4% %, respectively. […]

NGX-ASI Closed Bullish…Up by 102bps

June 24, 2025/United Capital Report Today, the Nigerian Exchange (NGX) closed on a positive note following share price appreciation in DANGSUGA (+10.00%) and OKOMUOIL (+10.00%). As a result, the benchmark All-Share Index (NGX-ASI) rose by 1.02% to close at 119,790.82 points. YTD returns climbed to 16.38%, while market capitalization closed […]

SEC Charges Recidivist and His Firm with Fraudulent Offering

June 24, 2025/US SEC On June23, 2025, the Securities and Exchange Commission charged recidivist Ian O. Mausner of San Diego, California, and his firm Evolution Lending, LLC, with conducting a fraudulent offering that raised more than $400,000 from at least 11 investors. According to the SEC’s complaint, from approximately December […]