Culled—Proshare December 6, 2018/FBNQuest Research Single digit increase to our 2019E EPS forecast and price target FCMB’s Group’s (FCMB) Q3 2018 pre-tax earnings came in well ahead of our forecast. The positive surprise was driven by revaluation gains which boosted the non-interest income line. On its conference call, management noted […]
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Court Enters Final Judgments in Eb-5 Scheme, Ordering Return of $25.8 Million to Defrauded Chinese Investors
December 6, 2018/US SEC On November 19, 2018, a U.S. District Court for the Central District of California entered final judgments on consent against defendants Edward and Jean Chen, husband and wife, and five entity defendants who had been charged with defrauding Chinese investors in connection with the EB-5 Immigrant […]
E-Dividend Registration will Boost Liquidity – SEC
December 6, 2018/SEC The Securities and Exchange Commission, SEC has enjoined more Nigerians to take advantage of the on-going e-dividend registration in a bid to reduce the unclaimed dividends profile as well as increase liquidity in the capital market and the economy. Acting Director General of the SEC, Mary Uduk, […]
