Culled—Proshare 31/7/2018/ARM Research Total Nigeria Plc released its half year result reporting EPS of N16.71 for the first half of 2018, up by 23.2% relative to H1 17. The improvement in earnings largely mirrored improved core earnings borne out of reduced input cost and higher receipts as well as lower […]
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Funding Rates expected to Trend Lower as c.N375bn FAAC Inflows hit the System
Culled—-Proshare 31/7/2018/Zedcrest Capital KEY INDICATORS Indicator Value Commentary Inflation 11.23% As at July 23, 2018, 38bps down from 11.61% recorded in May 2018. MPR 14.00% Next MPC meeting scheduled for September 24 & 25, 2018 External Reserves $47.26bn As at July 27, 2018. A c.0.04% decrease from $47.26bn as at […]
SEC Charges Arizona Man with Making False and Misleading Statements and Misappropriating Investor Funds
July 31, 2018/US SEC On July 31, 2018, the Securities and Exchange Commission charged David A. Harbour of Scottsdale, Arizona with making misrepresentations to investors and misappropriating over $1.5 million in investor funds to finance his personal lifestyle and pay off his debts. According to the SEC’s complaint, between July […]
