Investors Bite

Diane Blizzard of SEC’s Division of Investment Management to Exit Agency After 18 Years

May 4, 2018/US SEC The Securities and Exchange Commission today announced that Diane C. Blizzard, Associate Director of the agency’s Division of Investment Management, is planning to leave the agency at the end of May after 18 years of service. Since 2012, Ms. Blizzard has led the Division’s rulemaking offices […]

NSE Closes Session Green, Week-to-Date Returns Down -0.06%

May 4, 2018/InvestmentOne Report The Nigeria equities market closed today’s trading session in the green, gaining 0.27%. However, WTD performance is down by 0.06%. Similarly, market breadth index was positive with 26 stocks gaining against 22 stocks that declined. INTBREW (+9.05%) had the best performance today while MOBIL (-4.95%) was […]

Analysts Advise Caution Over Forte Oil’s Announced Plans To Divest

Culled—Proshare May 4, 2018/Arthur Stevens Asset Management Ltd Forte Oil Plc issued a press release on its divestment intentions to support its strategic expansion by repositioning its downstream marketing business.  These divestments will affect its power generating business, upstream service business, and downstream operations activities in Ghana.  The intended action […]