Investors Bite

SEC Charges Operators of Private Real Estate Fund with Scheme to Defraud Retail Investors

22/3/2018/US SEC The Securities and Exchange Commission today announced settled charges against the operators of a real estate investment business who engaged in a years-long scheme to bilk hundreds of investors – including many retail investors – out of millions of dollars. As a result of the settlement, Defendants will […]

SEC Suspends Trading in the Shares of Efuel ENF Corp on Concerns of Accurancy of Marketplace Information

March 22, 2018/US SEC The U.S. Securities and Exchange Commission announced the temporary suspension of trading in the securities of Efuel ENF Corp. (“EFLN”), commencing at 9:30 a.m. EDT on March 22, 2018 and terminating at 11:59 p.m. EDT on April 5, 2018. The Commission temporarily suspended trading in EFLN’s […]

Custodian & Allied Reports N7.32 Billion PAT in 2017 End, Offers 32 Kobo Dividend

By InvestAdvocate Lagos (INVESTADVOCATE)-Custodian & Allied Plc listed on the financial services sector of the Nigerian Stock Exchange (NSE) said on Thursday its profit after tax (PAT) hit N7.32 billion compared to  N5.33 billion recorded a year earlier. Pretax profit grew 20.88 percent to N89.3 billion from N7.39 billion declared […]