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NGXASI Advance +0.40%, Driven by Blue Chips

March 6, 2024/InvestmentOne Report The NGXASI advanced by 0.40% today to close at 99,591.64pts, as the buy-interest in FBNH (+9.95%), TRANSCORP (+9.96%) and FIDELITYBK (+5.03%) drove the market into the green zone. In the Fixed income space, the Treasury Bills secondary market closed bearish, as there were significant selloffs observed in the […]

On Today’s Episode of As the Crypto World Turns: Statement on ShapeShift AG

March 6, 2024/US SEC By Commissioner Hester M. Peirce and Commissioner Mark T. Uyeda The Commission’s enforcement action against ShapeShift is the latest installment in the serial drama of the Commission’s poorly conceived crypto policy.[1] The current episode recounts the tale of an early innovator in the market for crypto […]

Nigerian Stocks Close Higher Third Straight Session +0.4%, Driven by FBNH, TRANSCORP

March 6, 2024/Cordros Report EQUITIES Local stocks closed higher for the third consecutive session as sustained interest in FBNH (+10.0%) and TRANSCORP (+10.0%) drove the benchmark index higher by 0.4%. As a result, the All-Share Index closed at 99,591.64 points, with the Month-to-Date and Year-to-Date returns printing -0.4% and +33.2%, respectively. The total […]