January 8, 2025/US SEC On January 2, 2025, the U.S. District Court for the District of Connecticut entered a final judgment by consent against Michael Caridi, whom the SEC had charged in connection with the issuance of fraudulent press releases by Tree of Knowledge International Corp. (“TOKI”). According to the […]
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NGXASI Advance +0.80%, Driven by Blue Chips
January 8, 2025/InvestmentOne Report The NGXASI advanced by 0.80% today to close at 104,230.73pts as bullish sentiment observed in MTNN (+10.00%), TRANSCORP (+10.00%) and FBNH (+6.61%) drove the local bourse into the positive region. In the fixed income space, the Treasury Bills secondary market traded on a positive note, following optimism seen across […]
Nigerian Bourse Trades Positive +0.8%, Buoyed by Bellwether Counters
January 8, 2025/Cordros Report EQUITIES The domestic bourse traded on a positive note as bargain hunting in MTNN (+10.0%), TRANSCORP (+10.0%), and FBNH (+6.6%) drove the All-Share Index higher by 0.8% to 104,230.73 points. As a result, the Year-to-Date return inched higher to +1.3%. The total volume of trades declined […]