The Securities and Exchange Commission (SEC) has improved the regulation of collective investment schemes (CIS) in the nation’s capital market, thereby reducing the risk of investors losing their money. CIS, also known as  unit trust schemes  or mutual funds   enable   low income investors to contribute to a pool of funds, […]

Low patronage of the  Nigerian stock market  by investors has been linked to  phobia most investors are having, following the nationalisation of three banks by the Central Bank of Nigeria (CBN), THISDAY checks have revealed. The chief executive officer of a leading stockbroking firm, who spoke under the condition of […]

Late mortgage payments rise in 3rd qtr for first time since 2009; may show start of new trend NEW YORK (AP) — While lawmakers in Washington debated the debt ceiling and consumer confidence dropped, more homeowners were having a harder time making their mortgage payments. The rate that mortgage holders […]