Investors Bite

LAWUNION Says Verod Capital to Acquire 100% of Its Issued Share Capital

February 28, 2020/NSE Law Union & Rock Insurance Plc (“Law Union” or “the Company”) hereby notifies its shareholders, The Nigerian Stock Exchange (The Exchange) and the general public that the Board of Directors (“Board”) of the Company has received a binding offer from Verod Capital Management (“Verod”) to acquire all […]

Nigerian Equities Market Responds to COVID-19 Losses -4.28% WTD

February 28, 2020/InvestmentOne Report The Nigerian equities market closed negative today as NSE-ASI lost 2.21% to close at 26,216.46pts. Similarly, the market lost 4.28%WTD. In today’s trade, market breadth index was strongly negative with 41 losers against 2 gainers. CADBURY (-10.00%) was the top today loser while VITAFOAM (+5.88%) led the  gainers’ […]

Actor Steven Seagal Charged With Unlawfully Touting Digital Asset Offering

February 27, 2020/US SEC The Securities and Exchange Commission today announced settled charges against actor Steven Seagal for failing to disclose payments he received for promoting an investment in an initial coin offering (ICO) conducted by Bitcoiin2Gen (B2G). The SEC’s order finds that Seagal failed to disclose he was promised […]