January 23, 2018/InvestmentOne Report Similar to yesterday, the Nigeria equities market closed in the red, losing -1.16%. Market breadth index, a gauge of investor sentiment, ended negative with 43 stocks declining against 14 stocks that gained SKYEBANK (+9.93%) was the best performing stock while FIDELITYBK (-9.16%) had the worst performance. […]
Investors Bite
How Nigerians Beat Bitcoin Scams
The country’s embrace of the cryptocurrency has led to some old-school precautions against fraud. 21/1/2018/Bloomberg By Tim McDonnell Depending on your feelings about Bitcoin, it may seem appropriate that Nigeria’s love for the cryptocurrency began with a scam. Mavrodi Mondial Moneybox (MMM), a 30-year-long global Ponzi scheme that began in […]
Wapic Insurance Signs MoU with Nigerian Football Federation
January 22, 2018/NSE Wapic Insurance Plc. (‘’Wapic.’’) wishes to notify its shareholders, stakeholders and The Nigerian Stock Exchange (‘’the Exchange’’) that it has signed a Memorandum of Understanding (MoU) with the Nigeria Football Federation (NFF) thus, making Wapic the official insurance services provider to the NFF and co-sponsor of the […]
