April 15, 2024/US SEC On April 12, 2024, the Securities and Exchange Commission obtained a final judgment against defendant Scott Lindell, whom the SEC previously charged with misconduct concerning a more than $1 billion overvaluation scheme. Lindell is a former senior officer of SEC-registered investment adviser Infinity Q Capital Management […]
More News
Dangote Cement Plc FY 2023: A Strong Performance
April 15, 2024/CSL Research The growth prospects of Dangote Cement were dampened by various factors in 2023, including the effects of the general election, limited cash availability, currency devaluation and constrained purchasing power. Consequently, the group experienced a decline in sales volumes, dropping by 1.8% year-on-year to 27.28 million metric […]
Amidst Tightening Monetary Policy, Nigeria’s Inflation Soars to 33.20% As Botswana’s Rate Plummets to 2.9%
April 16, 2024 By Kelechukwu Mgboji InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s headline inflation rate surged by 150 basis points in March, reaching a staggering 33.20% year-on-year, up from February’s 31.70%, as reported by the country’s statistics office, National Bureau of Statistics (NBS) Just a year ago, in April 2023, consumer inflation stood […]
