Investors Bite

SEC Warns Investors About Phony Certificates of Deposit

October 23, 2019/US SEC The SEC’s Office of Investor Education and Advocacy (OIEA) is issuing this Investor Alert to warn investors about phony Certificates of Deposit (CDs) promoted through internet advertising and “spoofed” websites – websites that mimic the actual sites of legitimate financial institutions. Investors should be extremely cautious […]

Investors Gain N15.63 billion as Nigerian Equities Market Rebounds by +0.12%

October 23, 2019/InvestmentOne Report Please click to download the Market Report for Tuesday 23rd October 2019   EQUITY: ·         The Nigerian equities market closed on a positive note as NSE-ASI gained 0.12% to close at 26,397.94pts. ·         However, market breadth index was negative with 11 losers against 8 gainers. ·         Today’s performance […]

Foreign Investments: Sustained Recovery or Dead Cat Bounce?

Culled—Proshare October 22, 2019/CSL Research Nigerian Stock Exchange (NSE) data on domestic and foreign investor participation for September revealed that foreign investors’ inflows into Nigerian equities outpaced outflows for the second consecutive month this year. Foreign inflows were up 36.7% m/m to N47.7bn (US$131.9m) in September although outflows grew faster […]