Investors Bite

SEC Charges Massachusetts Man in Multi-Year Trading Scheme

5/4/2018/US SEC The Securities and Exchange Commission today charged a Lexington, Massachusetts resident for making an extraordinarily profitable series of unlawful trades in the securities of Massachusetts-based VistaPrint, N.V. According to the SEC’s complaint, Charlie Jinan Chen used nonpublic information obtained directly or indirectly from a VistaPrint insider to place […]

Okomu Oil Set to Commission Extension 2 Estate

April 6, 2018/NSE Okomu Oil Palm Company PLC wishes to notify its shareholders and other stakeholders that it has commenced arrangement to formally commission its Extension 2 Estate at Ovia North East Local Government Area of Edo State. It is expected that the Company will establish a second Oil Palm […]

Markets Turn Bearish as CBN Resumes OMO with c.N748bn T-bill Sale

Culled—Proshare 5/4/2018/Zedcrest Capital ***BDCs Task CBN on Rate Harmonization *** Bonds The Bond market turned slightly bearish, with some sell, especially on the 34s taking yields higher by c.8bps across the curve. This was following a resumption in OMO by the CBN which stifled any significant investors’ interest in the […]