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NGXASI Advance +0.20% on Gains in FBNH, GTCO, OANDO

August 7, 2024/InvestmentOne Report The NGXASI advanced by 0.20% today to close at 97,119.03pts, as the gains printed in OANDO (+9.98%), FBNH (+4.60%) and GTCO (+1.47%) drove the domestic equities market into the green zone. In the fixed income space, the Treasury Bills secondary market exhibited a bearish performance today on the […]

SEC Charges Founder-Owners of Urban Commons LLC with Orchestrating Two Securities Fraud Schemes

August 7, 2024/US SEC The Securities and Exchange Commission charged Taylor Woods and Howard Wu, the co-founders and co-owners of Urban Commons, LLC, with securities fraud involving two schemes to defraud two sets of investors related to investments in and ownership of thirteen hotels in the United States, including the […]

Nigerian Stocks Market Gains +0.2%, Buoyed by FBNH, OANDO to Reverse Previous Loss

August 7, 2024/Cordros Report EQUITIES The domestic stock market reversed yesterday’s losses as buying interests in OANDO (+10.0%) and FBNH (+4.6%) underpinned market’s performance. As a result, the All-Share index notched a 0.2% gain to close at 97,119.03 points. Accordingly, the Month-to-Date and Year-to-Date returns printed -0.7% and +29.9%, respectively. […]