Investors Bite

SEC Charges Marijuana Company and its CEO With Fraud

May 22, 2018/US SEC On May 21, 2018, the Securities and Exchange Commission charged Bud Genius Inc. and its CEO with defrauding investors by making exaggerated and misleading claims about the medical marijuana company’s business operations and financial condition. The SEC’s complaint, filed in federal district court in the Southern […]

eTranzact Makes Significant Management Changes, Appoints Acting Managing Director/CEO

May 22, 2018/eTranzact eTranzact International Plc, Africa’s premier e-payments solution provider, on Monday May 21, 2018, announced that it will be making significant changes to the Company’s management team.  Mr. Valentine Obi, Managing Director of the Company will be stepping down and Mr. Niyi Toluwalope will be taking over as […]

NSE Benchmark Index Down -0.43% on Sell-Offs Across Sectors

May 22, 2018/InvestmentOne Report The Nigerian equities market closed down today as NSE-ASI lost 0.43%. Similarly, market breadth index was negative with 19 gainers against 34 stocks that declined. IKEJAHOTEL (+9.68%) was the top gainer today while ETERNA (-8.55%) was the worst performing stock. IKEJAHOTEL (+9.68%) was the most actively […]