April 5, 2018/InvestmentOne Update ASI as at 12.00pm: -0.11%. Market movers: GLAXOSMITH (-9.61%), JAIZBANK (-8.11%), FIDELITYBK (+5.84%), LASACO (+5.56%). Sector Performances: Consumer Goods (-0.16%), Banking (-0.08%), Oil & Gas, Industrial. Market activity: In today’s early trade, total volume and value both dropped by about 64% and 41% compared to this […]
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Treasury bill yields Decline Further on Excessive System Liquidity
Culled—Porshare April 5, 2018/Zedcrest Capital ***MPC retains lending rate at 14%*** Bonds The bond market remained slightly bullish in today’s session compressing by c.7bps on average, in a continued recovery from the bearishness of the previous week. Traded volumes however remained relatively thin with the bullish trend mostly hinged on […]
SEC Charges Fintech Company Founder with Fraudulent Scheme to Defraud Investors and Misappropriate Funds
4/4/2018/US SEC The Securities and Exchange Commission has charged Michael Liberty, the founder of the fintech startup now known as Mozido, Inc., with a fraudulent scheme to trick hundreds of investors into investing in his shell companies instead of Mozido. Michael Liberty and his accomplices then stole most of the […]
