Investors Bite

SEC Restates Commitment to Ensure Fairness and Transparency in Capital Market Transactions

May 3, 2018/SEC The Securities and Exchange Commission (SEC) has restated its determination to ensure that every shareholder is fairly, equitably and similarly treated and given sufficient information regarding transactions in the capital market. Acting Director General of SEC, Ms. Mary Uduk stated this while delivering a keynote address at […]

Nigerian Stocks Down, Sheds -0.48% on Sell-Offs in Bellwether Counters

May 3, 2018/InvestmentOne Report The Nigerian equities market closed down today as NSE-ASI shed 0.48%. Market breadth index was flat with 25 stocks gaining and 25 stocks declining. UNITYBNK (+9.52%) was the top gainer today while INTBREW (-8.30%) had the worst performance. UBA (+0.43%) was the most actively traded with […]

Xiaomi Files in Hong Kong for World’s Biggest IPO Since 2014

  Chinese smartphone maker reports a huge loss as sales soared Its IPO may be the biggest since Alibaba’s $25 billion debut 2/5/2018/Bloomberg Xiaomi Corp. became the first major company to use Hong Kong’s new rules for going public, filing for what’s expected be the world’s biggest debut since 2014. […]