Investors Bite

NBA Seeks Collaboration with SEC

May 22, 2018/SEC The Nigeria Bar Association (NBA) is seeking collaboration with the Securities and Exchange Commission (SEC) in the Commission’s efforts to deepen the capital market. Chair NBA Section on Business Law (SBL) Mr. Olumide Akpata, made the call when members of the NBA-SBL visited the SEC office in […]

Intraday Update: Nigerian Stocks Down -0.24% on Sell-Offs Across Sectors

May 22, 2018/InvestmentOne Update ASI as at 12.00pm: -0.24%. Market movers: MOBIL (-4.97%), AFRINSURE (-4.76%), SOVRENINS (+4.00%), WAPIC (+3.85%). Sector Performances: Oil & Gas (-0.75%), Industrial (-0.33%),Banking (-0.17%), Consumer Goods (+0.21%). Market activity: In today’s early trade, total volume and value rose by 66% and 534% respectively compared to this […]

SEC probes $1bn Milost Global investment in Unity Bank

May 21, 2018/The Sun The Securities and Exchange Commission (SEC) on Monday said it was investigating the $1 billion alleged investment in Unity Bank Plc by Milost Global Incorporated. Efe Ebelo, SEC’s Acting Head, Corporate Communications, who confirmed this  in Lagos said the investigation into the Unity Bank/Milost case was […]