Investors Bite

Foreign Stocks: SEC to Register, Monitor Brokers to Ensure Transparency

May 9, 2021/SEC Nigeria The Securities and Exchange Commission is to register and actively monitor brokers selling stocks for foreign companies in furtherance of its mandate of ensuring investor protection and market transparency especially for retail investors. This was disclosed by Executive Commissioner Operations of the SEC, Mr. Dayo Obisan during […]

NGX Delists 11 Plc from Its Daily Official List

May 8, 2021/NGX Group The Market and Investing Public are hereby notified that the entire share capital of 11 Plc were delisted from The Daily Official List of the Nigerian Exchange Limited (the Exchange) on Friday, 7 May 2021. The delisting of the entire issued share capital of 11 Plc […]

Bears Dominate Nigerian Bourse to Close the Week -1.6% on Profit-Taking in Bellwether Stocks

Bearish sentiments dominated the local bourse this week, as the bears took full advantage of the gains over the last two weeks in booking profit on bellwether stocks. May 7, 2021/Cordros Report Global economy Manufacturing PMI in the Eurozone increased for the third consecutive month to 62.9 points in April […]