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AfDB Launches first Africa-to-Africa (A2A) Investment Report

September 24, 2018/AfDB Opportunities for investment in Africa outweigh the obstacles, according to a report by leading African companies covered in the African Development Bank’s ( new Africa-to-Africa (A2A) Investment… Read more »

Bond Market Opens Flat, as Market Players Await Auction

Culled—Proshare September 24, 2018/Zedcrest Capital ***Oil Prices At 4-year High after OPEC Rebuffs Trump*** KEY INDICATORS Indicator Value Commentary Inflation 11.23% As at September14, 2018,9bps up from 11.14% recorded in… Read more »

Buying Interest Pressures Rates Lower as Average Rate Declines 1.6% WoW

Culled—Proshare September 24, 2018/Afrinvest Research  The bearish trend was reversed last week as demand returned to the secondary Treasury Bills (“T-Bills”) market on the back of persistent buoyant system liquidity… Read more »

Overnight Rate Falls to 4.75% as Money Market Rate Decrease Last Week

Culled—Proshare September 24, 2018/Anchoria AM Research  Money Market  The money market rate decreased last week as the Overnight rate (OVN) and Open Buy Back (OBB) fell to 4.75% and 4.00%… Read more »

NSE Suspends Trading in the Shares of Skye Bank

September 24, 2018/NSE The Nigerian Stock Exchange (“The Exchange” OR “NSE”) hereby notifies the investing public that the shares of Skye Bank Plc (“Skye Bank”) will be suspended from trading… Read more »

Stocks Open Week Negative, Driven by Losses Across Sectors

September 24, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market closed the first trading session of the week negative, losing 0.27 percent and driven by losses across sectors. InvestmentOne reports… Read more »

Public Companies Charged With Failing to Comply With Quarterly Reporting Obligations

September 21, 2018/US SEC The Securities and Exchange Commission today announced charges against five public companies for failing to provide financial statements that were reviewed by their independent external auditor… Read more »

SEC Charges Unregistered Sales of Securities Issued Under EB-5 Immigrant Investor Program

September 21, 2018/US SEC The Securities and Exchange Commission today announced that an Illinois-based regional center, its CEO, and 37 affiliated limited partnerships have agreed to settle charges related to… Read more »

NASD OTC Securities Exchange Unlisted Shares Continues to Rise; Up 20% YTD

Culled—Proshare September 21, 2018/NASD Plc The Official index of the NASD OTC Securities Exchange tagged the Unlisted Shares Index [USI] has continued a steady recovery that started at the beginning… Read more »

Business Services Company and Former CFO Charged with Accounting Fraud

September 21, 2018/US SEC The Securities and Exchange Commission today charged the former chief financial officer of Barrett Business Services Inc. for his role in an accounting fraud involving BBSI’s… Read more »