May 9, 2025/US SEC On May 2, 2025, the Securities and Exchange Commission obtained final judgments against California-based Safeguard Metals LLC and its owner, Jeffrey Ikahn of Tarzana, California. In 2022, the SEC charged Safeguard and Ikahn with operating a multi-million-dollar fraudulent scheme involving the sale of gold and silver […]
Author: InvestAdvocate
NGX-ASI Closed Bearish…Down by 45bps
May 9, 2025/United Capital Report Today, the Nigerian Exchange (NGX) closed on a negative note following share price depreciation in TRANSCOR (-4.55%) and TRANSCOH (-2.54%). As a result, the benchmark All-Share Index (NGX-ASI) rose by 0.45% to close at 108,741.53 points. YTD returns settled at 5.65%, while market capitalization closed […]
Nigerian Stocks Advance by 2.5% Week-on-Week to 108,733.40 Points on Bellwether Gains
May 9, 2025/Cordros Report Global In line with market expectations, the Federal Open Market Committee (FOMC), at its May 2025 meeting, voted to maintain the target range for the federal funds rate at 4.25% – 4.50%, leaving the rate unchanged for the fourth consecutive time. The Committee noted that, excluding […]
