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 […]
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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 […]
NGXASI Declines -0.18%, Dragged by ACCESS, GTCO, OANDO
November 21, 2024/InvestmentOne Report The NGXASI declined today by 0.18% to close at 98,050.12pts, as the selling pressure noted in OANDO (-5.59%), GTCO (-2.50%) and ACCESSCORP (-3.36%) drove the local bourse into the red zone. In the fixed income space, the Treasury Bills secondary market was mostly flat today as yields had […]

