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SEC Charges Former Finance Director at CIRCOR International with Accounting Fraud

Company settles SEC’s charges for related accounting controls violations; avoids penalties based on self-report, cooperation, and remediation September 5, 2024/US SEC The Securities and Exchange Commission today announced fraud charges against Nicholas Bowerman, a former finance director of CIRCOR International Inc., a formerly publicly traded technology manufacturer. The SEC alleges […]

Oando Drags Nigerian Stocks to -0.3% Loss

September 5, 2024/Cordros Report EQUITIES The Nigerian equities market extended yesterday’s loss as continued sell pressures on OANDO (-9.7%) drove the All-Share Index lower by 0.3% to 96,210.20 points. As a result, the Month-to-Date and Year-to-Date returns settled at -0.4% and +28.7%, respectively. The total volume of trades decreased by […]

NGXASI Dips -0.34%, Dragged by Oando, SATNBIC, Flour Mills

September 5, 2024/InvestmentOne Report The NGXASI declined today by 0.34% to close at 96,210.20pts as the sell pressure on OANDO (-9.65%), STANBIC (-1.78%) and FLOURMILL (-7.21%) drove the local equities market into the red. In the fixed income space, the Treasury Bills secondary market traded on a bullish note amid the buying […]