Author: InvestAdvocate

NGXASI Gains +0.73%, Driven by Bellwether Counters

April 24, 2025/InvestmentOne Report The NGXASI advanced by 0.73% today to close at 106,074.26pts, as gains in WAPCO (+10.00%), NESTLE (+10.00%) and MTNN (+2.51%) drove the domestic equities market into the green zone. In the fixed income space, the Treasury Bills secondary market traded positive as investors unmet demand at the T-Bills […]

Statement on Jury’s Verdict in Trial of Cutter Financial Group LLC and Jeffrey Cutter

April 24, 2025/US SEC By Samuel Waldon, Acting Director, Division of Enforcement Yesterday, after a seven day trial and just over 5 hours of deliberation, a jury in the U.S. District Court for the District of Massachusetts found investment adviser Jeffrey Cutter and his advisory firm, Cutter Financial Group, LLC, […]

Lafarge Africa Plc Q1 2025: Lafarge Africa Kicks Off 2025 with Explosive Earnings Growth.

April 24, 2025/CSL Research Financial Highlights: Revenue +80.3% y/y to N248.35BN Cost of Sales (ex-depreciation) +80.0% y/y to N117.84BN OPEX (ex-depreciation) +46.1% y/y to N51.60BN EBITDA +114.0% y/y to N79.46BN Operating Profit +137.0% y/y to N71.66BN Profit before Tax +739.5% y/y to N73.11BN Lafarge Africa has announced an interim dividend […]