Investors Bite

GTBank, ZENITHBANK, STANBIC Spur Nigerian Stocks to Fourth Straight Session Gain +0.6%

January 28, 2021/Cordros Report EQUITIES The local bourse sustained its positive run, as buying interests in some banking names – STANBIC (+5.9%), ZENITHBANK (+3.0%) and GUARANTY (+2.4%) – spurred a fourth consecutive gain in the market. Specifically, the NSE ASI notched a 0.6% increase to 42,169.41 points, with Month-to-Date and […]

Nigerian Stocks Rise +0.83% on Gains in Most Sectors

January 27, 2021/InvestmentOne Report The Nigerian equities market closed positive today as NSE-ASI gained 0.83% to close at 41,930.73pts. Similarly, market breadth index was positive with 35 gainers against 21 losers. CHIPLC (+10.00%) led the gainer’s chart today, while SKYAVN (-10.00%) was the top loser. TRANSCORP (-3.67%) was the most actively traded stock with about […]

IOSCO issues sound practices to assist members in enhancing complaint handling and protect retail investors

January 27, 2021/IOSCO The Board of the International Organization of Securities Commissions today published a report that sets forth nine Sound Practices aimed at assisting its members in developing and improving their complaint handling procedures and mechanisms for retail investors.   Investor protection is a key objective of IOSCO and […]