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Sprightly at Ninety

Remarks at the SEC’s 90th Anniversary Celebration June 7, 2024/US SEC By Commissioner Hester M. Peirce Welcome to the SEC’s 90th Anniversary Celebration.[1] It is an honor to regulate the best capital markets in the world. We have protected countless investors, facilitated the capital flows needed to support a robust […]

Bellwether Counters Drag Nigerian Stocks to Record -0.1% Weekly Loss

June 7, 2024/Cordros Report Global At the June monetary policy meeting, the Governing Council of the European Central Bank (ECB) voted to cut its key policy rates in line with market expectations. Accordingly, the council reduced the main refinancing operations, marginal lending facility and deposit lending facility rates by 25bps […]

Intraday Update: Nigerian Stocks Gain +0.02%, Buoyed by Bellwether Counters

June 7, 2024/InvestmentOne Update ASI as at 12.00pm: +0.02%  Top Gainers and Losers: ETI (+8.41%),  CHAMS (+7.14%), PRESTIGE (-9.09%) and UNITYBNK (-8.00%).  Sector Performances: Banking (+0.16%), Consumer Goods (+0.01%), Oil & Gas and Industrial.  Market activity: In today’s trade, total volume and value increased by 27% and 55% respectively, when compared to this time yesterday, as investors have traded about 149 […]