Other News

SEC Charges Connecticut Investment Adviser and its Principal for Improperly Withholding Investor Funds, Charging Excessive Fees, and Misleading Investors

December 23, 2024/US SEC The Securities and Exchange Commission today filed charges against Connecticut-based Dolphin Associates III, LLC, and its principal, Donald T. Netter.  The SEC’s complaint alleges that Dolphin and Netter with improperly withholding withdrawals from a private fund (the “Fund”) that they managed, charging the Fund with excessive […]

NGXASI Gains +0.22%, Buoyed by Bellwether Counters

December 23, 2024/InvestmentOne Report The NGXASI rose by 0.22% today to close at 101,356.15pts, as buying interest in TRANSCORP (+4.77%), GTCO (+3.07%) and MTNN (+1.42%) drove the Nigerian equities market into the green. In the fixed income space, the Treasury Bills secondary market closed on a positive note today, on the back of […]

Nigerian Stocks Open Week Bullish +0.2%, Driven by Blue Chips

December 23, 2024/Cordros Report EQUITIES The Nigerian stock market commenced the week on a positive note as gains in TRANSCORP (+4.8%), GTCO (+3.1%), and MTNN (+1.4%) caused a 0.2% increase in the benchmark index to 101,365.15 points. Consequently, the Month-to-Date and Year-to-Date returns settled at +4.0% and +35.6%, respectively. The […]