September 28, 2016/SEC The attention of the Securities and Exchange Commission, Nigeria (“SEC”) has been drawn to the activities of an Illegal Operator (Converged Dynamic International Limited). The Company embarked on a product tagged “Resources Investment Account” which offers interest rates on a short and medium term period to lure […]
Investors Bite
Bears Resurface on Nigerian Bourse, as Benchmark Index Decline
By InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Tuesday resurfaced on the Nigerian bourse as benchmark index declined by 0.05 percent to close at 28,248.86 points. “Today’s negative performance trimmed the Month-to-Date gain to 2.35 percent and increased the Year-to-Date loss to1.37 percent,” according to Cordros daily market update. The update affirmed […]
Stocks Open Week Bullish on Consumer Goods, Insurance Counters
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday commenced the week on a bullish note as the all-share index (ASI) advanced by 0.06 percent to close at 28,263.16 points. “Today’s positive performance increased the Month-to-Date gain to 2.49 percent and trimmed the Year-to-Date loss to 1.32 […]
