Other News

Intraday Update: Nigerian Stocks Inch Up +0.09%, Driven by Blue Chips

December 18, 2024/InvestmentOne Update ASI as at 12.00pm: +0.09% Top Gainers and Losers: MRS (+9.99%), LEARNAFRCA (+9.97%), AFRIPRUD (-9.37%) and CONHALLPLC (-8.33%). Sector Performances: Oil & Gas (+0.33%), Consumer Goods (+0.08%), Banking (+0.06%) and Industrial. Market activity: In today’s trade, total volume and value declined by 31% and 69%, when […]

Coronation Fixed Income and Exchange Rate Update

December 17, 2024/Coronation Research Summary Opening market liquidity stood at a negative position of N1.50trn (13 Dec ’24), driven by a large sale of T-bills and OMO issuances during the week. Call, overnight and repo rates closed within a range of 6.88% – 32.92%, indicating a tight liquidity condition. Our […]

SEC Charges Express, Inc. with Failing to Disclose Nearly $1 Million in Perks Provided to Former CEO

Commission declines to impose a penalty based on company’s self-report, cooperation, and remediation December 17, 2024/US SEC The Securities and Exchange Commission today announced settled charges against Ohio-based Express, Inc., a multi-brand American fashion retailer, for failing to disclose executive compensation it paid to its now former CEO. According to […]