August 19, 2024/InvestmentOne Report Dangote Cement PLC recently released its unaudited financial report for the first half of 2024, revealing a significant year-on -year (YoY) revenue growth of 85.11%, reaching NGN1.76trn, from NGN950.83bn in the previous year. This impressive growth is attributable to a combination of double-digit growth in Nigeria […]
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NGXASI Dips -1.36% on Losses in Bellwether Counters to Open Week
August 19, 2024/InvestmentOne Report The NGXASI declined today by 1.36% to close at 95,781.68pts as losses in DANGCEM (-10.00%), DANGSUGAR (-5.29%) and NB (-3.45%) offset the gains in BUACEMENT (+3.73%), TRANSCOHOT (+6.25%) and OANDO (+9.90%). In the fixed income space, the Treasury Bills secondary market closed up as we observed buy pressure […]
SEC Charges Carl Icahn and Icahn Enterprises L.P. for Failing to Disclose Pledges of Company’s Securities as Collateral for Billions in Personal Loans
August 19, 2024/US SEC The Securities and Exchange Commission today announced charges against Carl C. Icahn and his publicly traded company, Icahn Enterprises L.P. (IEP), for failing to disclose information relating to Icahn’s pledges of IEP securities as collateral to secure personal margin loans worth billions of dollars under agreements […]
