In Your Interest
January 2, 2025/Dangote Group Propelled by the economic relief provided by President Bola Ahmed Tinubu’s crude-for-naira swap initiative, two prominent players in Nigeria’s downstream oil and gas sector—Ardova Plc and Heyden Petroleum—have entered into a bulk purchase agreement with the Dangote Petroleum Refinery. This strategic move is designed to ensure […]
January 2, 2025/US SEC On December 23, 2024, the U.S. District Court for the Southern District of New York entered a consent judgment against Theodore J. Farnsworth, former CEO of Helios & Matheson Analytics Inc. (HMNY), for making materially false and misleading statements concerning HMNY’s subsidiary, MoviePass, Inc., a movie […]
January 2, 2024/Cordros Report EQUITIES The Nigerian equities market commenced the first trading session of the year on a positive note, buoyed by gains in UNILEVER (+9.3%), UCAP (+9.8%) and ZENITHBANK (+0.8%). Consequently, the All-Share Index advanced by 0.3% to 103,180.14 points, with the Year-to-Date return settling at +0.3%. The total volume […]