Investors Bite

SEC Charges Former Heartland CEO, Romantic Partner in Insider Trading Scheme

July 10, 2018/US SEC The Securities and Exchange Commission today charged the former CEO of a New Jersey-based payment processing company and his romantic partner, in an insider trading scheme that leveraged nonpublic information about an impending merger announcement to generate more than $250,000 of illicit profits for the defendants. […]

Nigerian Equities Market Close Down -0.60% On Losses Across Sectors

July 10, 2018 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Tuesday closed the second trading session of the week negative as the benchmark index lost 0.60 percent to close at 37,421.01 points and driven by  losses across the board. InvestmentOne reports that at the close of the […]

ETI Says Charles Kie Exits as Ecobank Nigeria Managing Director

July 10, 2018/NSE Ecobank Transnational Incorporated, ETI, the Lome-based parent company of the Ecobank Group, today announced that Mr. Charles Kie has formally indicated his intention to leave the Group and consequently his role as Managing Director of Ecobank Nigeria Limited.  Prior to his current role at Ecobank Nigeria, Mr. […]