Other News

SEC Charges Former Public Company Officer and His Sister-In-Law with Insider Trading

January 13, 2025/US SEC The Securities and Exchange Commission today charged Alfred V. Tobia, Jr., the former president and chief investment officer (CIO) of one public company and a member of the board of another, and his sister-in-law, Elizabeth Lee, with insider trading that resulted in more than $428,000 in […]

Nigerian Stocks Open Week Bearish -0.1% , Dragged by FBNH, TRANSCORP

January 13, 2025/Cordros Report EQUITIES The domestic bourse opened the week in the red as profit-taking activities in TRANSCORP (-3.9%) and sell pressures on FBNH (-5.6%) drove the All-Share Index lower by 0.1% to 105,367.25 points. As a result, the Year-to-Date return printed +2.4%. The total volume of trades declined […]

LIRS Sets January 31 Deadline for Annual Tax Returns Filing by Employers

January 13, 2025/LIRS The Lagos State Internal Revenue Service (LIRS) has issued a reminder to all employers in Lagos State to fulfill their statutory obligation to file annual tax returns for the 2024 financial year on or before January 31, 2025. This requirement is in line with the Personal Income […]