Investors Bite

Oando Shares Spike after Senate Approved N348 Billion Outstanding Subsidy Claims for Oil Marketers

July 23, 2018/Oando Plc The Senate on Wednesday approved the payment of 348 billion outstanding subsidy claims to 74 petroleum marketers in the country. This helped Oando’s share price spike to the top of the gainer’s table on Thursday. The approval followed the adoption of the interim report of the […]

Bulls Resurface on Nigerian Bourse, Driven by Gains Across Sectors

July 23, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Bulls resurfaced on the Nigerian equities market, as the the all-share index (ASI) on Monday closed the first trading session of the week in the green, appreciating 0.30 percent and driven by gains across most sectors.   InvestmentOne reports at the close of the […]

N700b Private Placement Remains in Limbo 11 Years After

July 23, 2018/The Guardian Regulators keep mum as hopes dim It’s about 11 years now that investors pooled together a N700 billion in a well advertised private placements of companies operating at the capital market, but till date, both the capital and interest earnings remain uncertain and the regulators have […]