Investors Bite

SEC Alert Investors on Activities of Illegal Operators, Ponzi Scheme Promoters

June 1, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Securities and Exchange Commission (SEC) on Friday warned and alerted the investing public on the activities of illegal operators and promoters of ponzi and other fraudulent schemes. “The general public is hereby once again advised to beware of illegal operators and promoters of […]

NSE W-t-D Returns Down -6.38%, Following Bearish Sentiments Across Sectors

June 1, 2018 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday closed the week in red; losing 3.38 percent and bringing the Week-to-Date (W-t-D) returns down 6.38 percent, following the bearish sentiment across all sectors. At the close of the trading session on the domestic bourse, […]

Ten-year CAD 60-million “Feed Africa” bond issued by the African Development Bank

June 1, 2018/AfDB The AAA-rated African Development Bank (Moody’s/S&P/Fitch/Japan Credit Rating Agency), issued its second “Feed Africa” bond for CAD 60 million, sold to Japan Post Insurance Co., Ltd., the sole investor in the transaction, with Citigroup Global Markets Limited acting as the arranger and lead manager of the transaction. […]