17/5/2018/US SEC The Securities and Exchange Commission today announced the unsealing of fraud charges against a defendant who stole at least $400,000 from investors through the sale of non-existent pre-IPO shares of stock. The SEC also obtained emergency relief, including an asset freeze and a temporary restraining order to halt […]
Investors Bite
CCNN Plc Completes Sokoto Plant Expansion
Culled—Proshare May 17, 2018/Vetiva Research Expansion completed, capacity now up to 2 million MT CCNN recently announced that it would be commissioning a new production line with an annual capacity of 1.5 million MT, increasing the company’s cement annual production capacity to 2 million MT. This expansion will be the […]
Nigerian Equities Market Turn Bearish, As Index Dips 0.77% on Sell Pressure
May 17, 2018/Cordros Report EQUITIES Proceedings in the equities market turned bearish, as the benchmark index dropped by 0.77% to 40,651.41 points, following sell pressure across major sectors. Accordingly, the Month-to-Date and Year-to-Date returns dipped to -1.43% and 6.36% respectively. All major sectoral indices posted negative returns – Industrial Goods […]
