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Bulls Sustain Hold as Nigerian Stocks Gain +0.2%, Driven by Bellwether Counters

November 19, 2024/Cordros Report EQUITIES Positive sentiments persisted in the Nigerian equities market today, with WAPCO (+10.0%), MTNN (+1.2%) and GTCO (+1.2%) lifting the bourse. Consequently, the ASI ended the session 0.2% higher at 97,972.33 points. Thus, the Month-to-Date and Year-to-Date returns settled at +0.3% and +31.0%, respectively. The total […]

CBN Warns Public Against Fraudulent Contract, Project Funding Claims

November 18, 2024/CBN The Central Bank of Nigeria (CBN) wishes to alert members of the public to the activities of fraudsters purporting to be in receipt of award letters of contracts related to construction works and special financial interventions on behalf of the Bank. We wish to clarify that this […]

IOSCO Unveils New Roadmap to Enhance Retail Investor Online Safety

November 19, 2024/IOSCO Comprehensive strategy to address online fraud, promote safe investing and enhance global cooperation. First phase delivers Consultation Reports on Finfluencers, Copy-Trading and Digital Engagement Practices (DEPs) In a new, emboldened effort to address the rise in retail investor fraud and manage the risks posed by technological advancements, […]