August 6, 2024/US SEC On July 26, 2024, the U.S. District Court for the Eastern District of New York entered a final judgment against Yi (Richard) Xia, his company Fleet New York Metropolitan Regional Center, LLC, and his wife JiQing (Julia) Yue. The SEC had charged Xia and Fleet with perpetrating […]
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NGXASI Declines -0.67% on Losses in BUACEMENT, GTCO, TRANSCORP
August 6, 2024/InvestmentOne Report The NGXASI declined by 0.67% today to close at 96,928.52pts, as the losses recorded on BUACEMENT (-9.99%), TRANSCORP (-1.82%) and GTCO (-1.44%) drove the market into the negative territory. In the fixed income space, the Treasury Bills secondary market traded on a bearish note today driven by the […]
CBN Approves Providus Bank, Unity Bank Merger
August 6, 2024/Unity Bank Plc We are pleased to announce that the Central Bank of Nigeria has approved the merger between Providus Bank Limited and Unity Bank Plc, marking a significant milestone in the evolution of our respective institutions. This merger represents a strategic and complementary union that will leverage […]
