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ACCESS, OANDO Drags Nigerian Stocks to -0.1% Loss

May 21, 2025/Cordros Report EQUITIES The domestic stock market traded on a bearish note as selloffs in ACCESSCORP (-4.2%) and OANDO (-4.8%) drove a 0.1% decline in the benchmark index to 109,619.10 points. Accordingly, the Month-to-Date and Year-to-Date returns settled at +3.6% and +6.5%, respectively. The total volume of trades […]

NGX-ASI Closed Bearish…Down by 10bps

May 21, 2025/United Capital Research Today, the Nigerian Exchange (NGX) closed on a negative note following share price depreciation in ACCESSCO(-4.27%) and OANDO(-4.76%). As a result, the benchmark All-Share Index (NGX-ASI) fell  by 0.10% to close at 109,619.10 points. YTD returns reduced to 6.50%, while market capitalization closed at N68.88tn. […]

Unicoin, Top Executives Charged in Offering Fraud That Raised More than $100 Million from Thousands of Investors

May 21, 2025/US SEC The Securities and Exchange Commission today charged New York City-based Unicoin, Inc. and three of its top executives—CEO and Board Chairman Alex Konanykhin; Silvina Moschini, former president, former board chairwoman, and current board member; and former Chief Investment Officer Alex Dominguez—for false and misleading statements in […]