December 19, 2018/Cowry Asset Stock prices in Nigeria have continued to nosedive despite the relatively positive 9 months corporate results and the recovered crude oil prices which remained high for most of 2018. Nigeria’s sweet grade, bonny light crude, remained at USD73.44/barrel on average from January 2018 to November 2018, […]
Investors Bite
DMO’s Weak Borrowing Appetite Forces 10-yr Auction Rate 33bps Lower
Culled—Proshare December 19, 2018/Zedcrest Capital ***Buhari Proposes N8.83trn Budget for 2019*** KEY INDICATORS Indicator Value Commentary Inflation 11.28% As at December 14, 2018. A c.2bps increase from 11.26% recorded in October 2018 MPR 14.00% Left Unchanged for the 12th Consecutive Time at the Nov. 22, 2018 MPC Meeting External Reserves […]
SEC Charges Additional 13 Unregistered Brokers Who Sold Woodbridge Securities to Retail Investors
December 19, 2018/US SEC The Securities and Exchange Commission today announced charges against an additional 13 individuals and 10 companies for unlawfully selling securities of Woodbridge Group of Companies LLC to retail investors. Woodbridge collapsed into bankruptcy in December 2017 and the SEC previously charged the company, its owner and […]
