March 27, 2024/InvestmentOne Report The NGXASI advanced by 0.32% today to close at 104,283.64pts, as investors buy interest in banking stocks like ZENITHBANK (+8.78%), GTCO (+5.69%) and UBA (+4.32%) drove the domestic bourse into the green zone. In the Fixed income space, the Treasury Bills secondary market closed slightly up, as we […]
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SEC Obtains Final Judgment Against Christian Fernandez in Scheme to Fraudulently Promote Securities Offerings
March 27, 2024/US SEC On February 20, 2024, the Securities and Exchange Commission (“SEC”) obtained a final judgment against Christian Fernandez, who the SEC previously charged for his involvement in a fraudulent scheme to promote the securities of issuers that were conducting (or purporting to conduct) offerings pursuant to Regulation […]
Access Bank FY’23: Sturdy Operating Performance; Revaluation Gains Support Strong Profit Growth
March 27, 2024/CSL Research Access Holding’s FY 2023 audited numbers showed a 99.9% y/y growth in Interest Income (18.5% higher than our forecast) driven by growth in both Interest Income on Net Loans and yields on investment securities due to a higher yield environment and growth in earnings assets. Yield […]
