August 27, 2024/CBN Highlights The businesses and households respondents believe that the July 2024 inflation rate was high, as indicated by the negative index point of -61.1 Most respondents believed changes in the price of energy, exchange rate, and transportation were the major drivers of inflation in July 2024. Respondents […]
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SEC Charges U.S. Navy Shipbuilder Austal USA with Accounting Fraud
Australian parent company Austal Limited also charged with fraud August 27, 2024/US SEC The Securities and Exchange Commission today announced that Austal USA, LLC, a Mobile, Alabama-based shipbuilder, and its Australia-based parent company, Austal Limited, have agreed to settle the SEC’s charges that the companies conducted a fraudulent revenue recognition […]
Nigerian Stocks Remain Bullish +0.5%, Buoyed by Blue Chips
August 27, 2024/Cordros Report EQUITIES Sentiments remained bullish in the domestic bourse as bargain hunting activities in FBNH (+10.0%) and OANDO (+10.0%) spurred a 0.5% increase in the benchmark index. As a result, the All-Share Index closed at 96,510.13 points, with the Month-to-Date and Year-to-Date returns settling at -1.3% and […]
