August 28, 2024/US SEC The Securities and Exchange Commission today adopted amendments to reporting requirements on Form N-PORT to provide the Commission and investors with more timely information about certain registered investment companies (funds). Form N-PORT reports provide important information about a fund’s portfolio holdings and related information to help […]
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SEC Charges Private Equity Firm and Managing Partner with Offering Fraud
August 28, 2024/US SEC The Securities and Exchange Commission today announced charges against Bernardo Mendia-Alcaraz and his private equity firm, Toltec Capital LLC, for conducting fraudulent and unregistered securities offerings. According to the SEC’s complaint, from at least December 2019 to September 2023, Mendia-Alcaraz, on behalf of Toltec Capital, raised […]
Nigerian Breweries Plc H1 2024: Repressed Earnings as FX Crisis Intensifies
August 28, 2024/CSL Research Nigerian Breweries delivered a relatively stable performance in the first half of 2024, maintaining growth across key metrics. The renowned brewer of “Star lager beer” achieved a substantial 72.9% y/y Revenue growth, reaching N479.8bn, up from N277.4bn in H1 2023. This growth was primarily driven by […]
