Investors Bite

SEC Reduces Cost, Timelines for Transmission of Shares

July 3, 2019/SEC Determined to reduce the quantum of unclaimed dividends in the Nigerian Capital Market and encourage beneficiaries of deceased investors to step up efforts to claim such dividends the Securities and Exchange Commission (SEC) has further reduced the time, processes and costs of the transmission of shares from a […]

Nigerian Bourse 0.07% Lower on Losses in Banking, Oil & Gas Counters

July 3, 2019/InvestmentOne Report The Nigerian equities market closed negative today as NSE-ASI lost 0.07% to close at 29,375.22pts.  Similarly, market breadth index was negative with  23 losers against 16 gainers. BOCGAS (+9.93%) led the gainers’ chart today while MORISON (-10.00%) was the top loser.  MORISON (-10.00%) was the most […]

MIDDAY UPDATE: Nigerian Stocks Down -0.07% on Sell-Offs in Oil & Gas Banking Sectors

July 3, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange all-share index (NSEASI) is down -0.07 percent and driven by sell-offs in the Banking and Oil & Gas counters InvestmentOne update reports that market movers are Nigeria’s healthcare company, Fidson Healthcare Plc and Livestock Feeds Plc, both have lost -9.90 […]