November 21, 2024/US SEC On November 20, 2024, the Securities and Exchange Commission charged Gautam Adani and Sagar Adani, executives of Adani Green Energy Ltd., and Cyril Cabanes, an executive of Azure Power Global Ltd., for conduct arising out of a massive bribery scheme. According to the SEC’s allegations, the […]
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Fed Issues Enforcement Action with Former CEO of Heartland Tri-State Bank
November 21, 2024/US SEC The Federal Reserve Board on Thursday announced that it had prohibited Shan Hanes from future participation in the banking industry. Hanes is the former chief executive officer of Heartland Tri-State Bank and used his position to embezzle $47.1 million of bank funds in a cryptocurrency scheme […]
Bears Resurface as Nigerian Stocks Dip -0.2% on Losses in GTCO, OANDO
November 21, 2024/Cordros Report EQUITIES The bears resurfaced in the Nigerian equities market as sell pressures on OANDO (-5.6%) and GTCO (-2.5%) caused the All-Share index to decline by 0.2% to 98,050.12 points. As a result, the Month-to-Date and Year-to-Date returns moderated to +0.4% and +31.1%, respectively. The total trading volume […]
