Investors Bite

SEC Suspends Trading in the Securities of New Global Energy Inc

March 16, 2018/US SEC The Securities and Exchange Commission (“Commission”) announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the “Exchange Act”), of trading in the securities of New Global Energy, Inc. (“NGEY”), a Wyoming corporation, at 9:30 a.m. EDT on March 19, 2018, […]

Nigerian Stocks Sustain Bearish Run, Opens Week Negative on Sell-Offs in Consumer Names

March 19, 2018/InvestmentOne Report The Nigerian equities market continued its downtrend as it opened the week on a bearish note, losing 0.21%. Market breadth index was negative with 14 gainers against 36 decliners. CILEASING (+9.94%) was the best performing stock while CADBURY (-9.65%) had the worst performance. ZENITHBANK (+1.45%) was […]

By InvestAdvocate Lagos (INVESTADVOCATE)-Construction giant, Julius Berger Nigeria Plc on Monday reported a profit after tax (PAT) of N2.57 billion for the period ended December 31, 2017 compared to a loss of N2.39 billion recorded a year earlier. The company recorded a pretax profit of N3.73 billion compared to a […]