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Nigerian Equities Sustain Bearish Run -0.5% Decline, Dragged by BUACEMENT

August 13, 2024/Cordros Report EQUITIES   The Nigerian stock market maintained its bearish momentum in today’s trading session as sustained profit-taking activities in BUACEMENT (-3.9%) undermined the benchmark index. As a result, the All-Share Index declined by 0.5% to close at 97,390.01 points. Thus, the Month-to-Date and Year-to-Date returns settled […]

SEC Obtains Final Judgment Against Former SPAC Accounting Consultant Charged with Insider Trading

August 13, 2024/US SEC On August 9, 2024, the U.S. District Court for the District of New Jersey entered a final consent judgment against Robert Del Prete. The SEC had charged Del Prete with insider trading when he purchased shares of HighCape Capital Acquisition Corp. (“HighCape”), a special purpose acquisition […]

Helping More Individuals, Small Businesses Benefit from the Digital Economy through Mastercard Open Banking

August 13, 2024/Mastercard Mastercard is enhancing its Open Banking for Lending program, delivered with Argyle, to streamline the lending process and give consumers more agency over their financial lives. With new features, Mastercard has the ability to provide income and employment coverage to the estimated 95 percent of the U.S. […]