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Intraday Update: Nigerian Stocks Gain +0.33%, Driven by Blue Chips

August 27, 2024/InvestmentOne Update ASI as at 12.00pm: +0.33% Top Gainers and Losers: JOHNHOLT (+10.00%), JBERGER (+10.00%), UPL (-9.58%) and LINKASSURE (-5.00%). Sector Performances: Banking (+1.09%), Oil & Gas (+0.79%), Consumer Goods (-0.11%) and Industrial (-0.01%). Market activity: In today’s trade, total volume and value advanced by 28% and 133% […]

SEC Charges Brothers Jonathan and Tanner Adam with $60 Million Ponzi Scheme

SEC obtains emergency relief to freeze defendants’ assets August 27, 2024/US SEC The Securities and Exchange Commission today announced that it obtained emergency asset freezes against Jonathan Adam, a resident of Angleton, Texas, and his brother, Tanner Adam, a resident of Miami, Florida, and against their respective entities, GCZ Global […]

SEC Charges Abra with Unregistered Offers and Sales of Crypto Asset Securities

Abra also allegedly operated as an unregistered investment company August 27, 2024/US SEC The Securities and Exchange Commission today filed settled charges against Plutus Lending LLC, which does business as Abra, for failing to register the offers and sales of its retail crypto asset lending product, Abra Earn. The SEC […]