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Testimony before the Subcommittee on Financial Services and General Government

June 13, 2024/US SEC By Chair Gary Gensler Good morning, Chair Van Hollen, Ranking Member Hagerty, and members of the Subcommittee. Thank you for inviting me to testify today on the Securities and Exchange Commission’s Fiscal Year (FY) 2025 budget request. As is customary, I’d like to note that my […]

Exit of Diageo: A Bow to Economic Pressure?

June 13, 2024/CSL Research Guinness Nigeria Plc recently informed the Nigerian Stock Exchange (NSE) about Tolaram Group’s acquisition of Diageo Plc’s shareholding in the company. Diageo Plc has been a major stakeholder in Guinness Nigeria Plc since 1997 and is a global leader in beverage alcohol with a collection of […]

NGXASI Advance +0.20%, Buoyed by UBA, ZENITH, Nigerian Breweries

June 13, 2024/InvestmentOne Report The NGXASI advanced by 0.20% today to close at 99,832.25pts, as the bullish sentiment on UBA (+6.24%), ZENITHBANK (+2.86%) and NB (+10.00%) propelled the market into the green zone. In the fixed income space, the Treasury Bills secondary market traded on a slightly positive note, as yields fell […]