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UBA, STANBIC, Nigerian Breweries Drives NGXASI to+0.57% Gain

January 29, 2025/InvestmentOne Report The NGXASI advanced by 0.57% today to close at 104,549.74pts, as gains in STANBIC (+9.92%), NB (+6.25%) and UBA (+0.80%) drove the local bourse into the green zone. In the fixed income space, the Treasury Bills secondary market traded on a positive note largely due to buy pressure […]

SEC Says Stecs (Alausa) Multipurpose Cooperative Society is an Unregistered Operator

January 24, 2025/SEC Nigeria The attention of the Securities and Exchange Commission (“the Commission”) has been drawn to the activities of Stecs (Alausa) Multipurpose Cooperative Society (popularly known as Stecs), which is engaging in capital market activities by inviting the public to invest in its Stecs Commodity Mudarabah Investment Series […]

SEC Says Risevest Technologies Limited is Illegal Operator

January 29, 2025/SEC Nigeria The attention of the Securities and Exchange Commission (“The Commission”) has been drawn to the activities of Risevest Technologies Limited, which holds itself out as a Digital Dollar/Fund Manager in the Nigerian Capital Market. The Commission hereby notifies the public that Risevest Technologies Limited is NOT […]