Investors Bite

Nigerian Stocks Up 1.19% WTD on Gains in Dangote Cement, Banking Counters

October 19, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Friday closed the last trading session of the week positive, gaining 0.54 percent to close at 32,841.69 basis points; as the domestic bourse advanced  1.19 percent week-to-date (WTD), while Year-to-Date (YTD) returns currently stands at -14.12 percent.  Investmentone reports that market breadth […]

SEC Proposes New Rules for Green Bond, BVN as Valid ID in the Capital Market

October 19, 2018/SEC Summary Of Changes New rule (1) Rules on Green Bonds   Sundry Amendments (1) Inclusion of BVN as a valid means of identification of individual clients in the Capital Market (2) Rule on Investment Advisory Services (3) Amendment to Rule 61- Nominee Accounts (4) Amendment to Rule 96 […]

ALERT: SEC Says Online Retail Forex Trading Unregulated

October 19, 2018/SEC The attention of the Securities and Exchange Commission (SEC) has been drawn to the increased advertisements in electronic and other media soliciting investors to engage in leveraged online retail forex trading. The public is hereby advised that online retail forex trading is currently unregulated and consequently may […]