December 11, 2024/Cordros Report EQUITIES The local bourse extended yesterday’s bullish performance as bargain hunting in ARADEL (+7.5%), CONOIL (+10.0%) and WAPCO (+1.5%) drove the benchmark index 0.3% higher. Thus, the All-Share index closed at 98,509.68 points, with the Month-to-Date and Year-to-Date returns increasing to +1.0% and +31.7%, respectively. The […]
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SEC Charges Three Individuals with Impersonating Financial Professionals in Fraud Scheme Targeting Retail Investors
December 11, 2024/US SEC The Securities and Exchange Commission today charged Chibuzo Augustine Onyeachonam, Stanley Chidubem Asiegbu, and Chukwuebuka Martin Nweke-Eze with fraud for impersonating legitimate securities brokers and investment advisers in an elaborate online scheme through which the defendants stole more than $2.9 million from at least 28 investors. […]
Dangote-Led Flood C’ttee Delivers N1BN Relief Items to Borno Government
December 11, 2024/Dangote Group The Aliko Dangote-led Presidential Committee on Flood Relief and Rehabilitation (PCFRR) has delivered emergency relief materials valued at N1Billion to the Government of Borno State for onward distribution to persons affected by the 2024 flood in the State. During the handover ceremony held yesterday in Maiduguri, […]
