Investors Bite

Mutual Fund Assets Cross The Half Trillion Mark

Culled—Proshare March 12, 2018/Uchenna Ndimele  Helped by performance in equity market and net inflows, Nigeria’s mutual fund the industry added N84 billion to end with total assets worth N0.513 trillion as at March 2, 2018. This marks the sixth consecutive weekly rise in AUM for Mutual Fund industry since January […]

IOSCO seeks to protect senior investors from financial fraud, unsuitable investments and other risks

March 12, 2018/IOSCO The Board of the International Organization of Securities Commissions has published today a report that examines the growing vulnerability of ageing investors to financial fraud and other risks and identifies sound practices for enhancing their protection. The report Senior Investor Vulnerability reveals that seniors are at a […]

Intraday Update: NSE Benchmark Index up +0.06% on Buy Interest in Consumer Goods Counters

March 12, 2018/InvestmentOne Report ASI as at 12.00pm: +0.06%. Market movers: UNIC (+9.52%), HMARKINS (+7.69%), UNITYKAP (-6.06%), WEMABANK (-5.00%). Sector Performances: Consumer Goods (+0.01%), Banking (-0.07%), Industrial, Oil & Gas. Market activity: In todayâs early trade, total volume and value fell by c.91% and c.97% respectively compared to this time […]