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SEC Files Charges in Municipal Bond “Flipping” and Kickback Schemes

August 14, 2018/US SEC The Securities and Exchange Commission today charged two firms and 18 individuals in a scheme to improperly divert new issue municipal bonds to broker-dealers at the expense… Read more »

Fixed Income and Monetary Policy H2 2018 Outlook

August 14, 2018/InvestmentOne Report Please click to download the Fixed Income and Monetary Policy H2 2018 Outlook ·         It would appear the most likely direction for yields on Naira denominated… Read more »

Fixed Income Market Monitor – OVN and OBB Rose to 9.25% and 8.42% Respectively

Culled—Proshare August 13, 2018/Anchoria AM Research The money market rate increased last week as the Overnight rate (OVN) and Open Buy Back rate (OBB) rose to 9.25% and 8.42% respectively…. Read more »

Average T-Bills Rates Settle at 11.5% as T-Bills PMA and FGN Bond Auction Hold this Week

Culled—Proshare August13, 2018/Afrinvest The T-Bills market was largely quiet last week on the back of sell offs particularly at the mid-long end of the curve as investors anticipated an OMO… Read more »

Weekly Valuation Summary August 13, 2018-Cordros

August 13, 2018/Cordros Capital Cadbury Nigeria Plc (CADBURY) – Hold The shares of CADBURY rose by 2.56% to NGN10.00. CADBURY trades at a significant forward PE above its 5-year historical… Read more »

Investor Alert: 10 Red Flags That an Unregistered Offering May Be a Scam

4/8/2018/US SEC The SEC’s Office of Investor Education and Advocacy is issuing this Investor Alert to help investors identify potentially fraudulent unregistered offerings. Under the federal securities laws, a company… Read more »

NSEASI Sheds -0.13% to Commence Week in Red

August 13, 2018 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market closed the first trading session of the week in red, as as the all-share index (ASI) shed 0.13… Read more »

Mutual Benefits opens N2bn rights issue

August 13, 2018/Punch Nike Popoola Mutual Benefits Assurance Plc has opened its rights offering to raise N2bn, following the approval by its shareholders. The firm said in a statement that… Read more »

Rimini Street Announces Fiscal Second Quarter 2018 Financial Results

August 13, 2018/Aetoswire Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, and the leading third-party support provider for Oracle and SAP software products, today… Read more »

CMC Extends Multiple Subscription Deadline to December 31, 2018

August 11, 2018/SEC Ag. Director General of the Securities and Exchange Commission (SEC), Ms. Mary Uduk has enjoined investors in the capital market that bought shares with different names to… Read more »