Investors Bite

Bears Sustain Hold on Nigerian Bourse amid Sell-Offs

By InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Wednesday sustained its hold on the domestic bourse for two-straight days as the all-share index (ASI) fell by 0.04 percent to close at 28236.23 points. “Today’s decline further reduced the Month-to-Date gains to 2.39 percent and increased the Year-to-Date loss to 1.42 percent,” according […]

PZ Cussons Plc Trading Statement – Performance Across Business Divisions In Nigeria Has Been Robust

September 28, 2016/Cordros Capital Earlier today, PZ Cussons Plc (PZP), the parent company of PZ Nigeria Plc (PZ or PZ Nigeria) released a trading statement which covers the period 01 June 2016 to 27 September 2016. With regards sales, PZP guided to the robust performance of product offerings across all […]

SEC Alerts on Ponzi Scheme of Converged Dynamic International Ltd

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 […]