Capital Market

SEC Says Tine God Networks Operation a Ponzi Scheme

20/2/2017/SEC The attention of the Securities and Exchange Commission, Nigeria (“SEC”) has been drawn to the activities of an Illegal Operator (Tine God Networks Limited). The Company claimed to be an Investment Company that engages in Business Development in Commercial sectors of the economy and also issues bonds to raise […]

Nigerian Equities Rebounds, Post Largest Gain Since January 9, 2017

Februay 23, 2017/Cordros Research The Nigerian equities market rebounded, with the All Share Index recording its largest gain (0.64%) since 9th January 2017 (1.25%) to close at 25,409.06 points, following buying interest across major sectors. Today’s positive performance pared the Month-to-Date and Year-to-Date losses to 2.41% and 5.45% respectively. The […]