Investors Bite

SEC Nigeria Releases Exposure of Proposed Crowdfunding Rules

March 29, 2020/SEC Nigeria The Securities and Exchange Commission (SEC) has releases an exposure of its proposed new rules on crowdfunding to the rules and regulations of the Commission. All comments and input should be forwarded by e-mail to the Secretariat, Rules Committee of the Commission, at rulescommittee@sec.gov.ng or by letter addressed […]

SEC Unveils Regulatory Framework For Crowd Funding

…. Pegs paid up capital at N100m March 29, 2020/SEC Nigeria Conscious of the need to further deepen the nation’s capital market and enable it provide development capital for Medium and Small-scale Enterprises of the economy, Nigeria’s Securities and Exchange Commission (SEC), at the weekend unveiled an exposure draft of […]

Investors Remain Positive as NSEASI Gains 0.48% to Close, as W-t-D Dips -1.52% on COVID-19 Spread

March 27, 2020/InvestmentOne Report The Nigerian equities market closed positive today as NSE-ASI gained 0.48% to close at 21,861.78pts. However, it lost 1.52% WTD. In today’s trade, market breadth index was positive with 23 gainers against 7 losers. GLAXOSMITH (+10.00%) led the gainers’ chart while AFRIPRUD (-10.00%) was the top loser. GUARANTY (+2.50%) was the most actively traded stock with about 54million units of shares worth about N1.01billion. Sector […]