Other News

Equities Market Closes Strong as Buying Pressure Intensifies

May 8, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in DANGCEM (+10.00%) and GTCO (+3.60%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 2.06% to settle at 244,670.65 points Year to date returns […]

First Holdco Plc: Heightened Impairment Charges Compress Earnings

May 8, 2026/InvestmentOne Report According to the financial statements audited for FY:2025, impairment charges jumped 93.83% YoY to NGN826.30bn. This sharp increase is attributable to the bank s exit from legacy loans under the central bank s regulatory forbearance, which was introduced in 2020 to support balance sheet health amid […]

SEC Charges 21 Individuals with Alleged Wide-Reaching Insider Trading Scheme

May 7, 2026/US SEC The Securities and Exchange Commission today charged 21 individuals for their alleged involvement in a decade-long insider trading scheme that used information misappropriated from multiple global law firms and resulted in millions of dollars in illicit profits. According to the SEC’s complaint, between 2018 and 2024, […]