Investors Bite

Gains in Banking Sector Creates Upswing as Nigerian Equities Market Closes Positive

March 26, 2020/InvestmentOne Report The Nigerian equities market closed positive today as NSE-ASI gained 0.13% to close at 21,757.47pts. Similarly, in today’s trade, market breadth index was positive with 24 gainers against 7 losers. UCAP (+10.00%) led the gainers’ chart while NESTLE (-10.00%) was the top loser. ZENITHBANK (+2.98%) was the most […]

Patronise Illegal Schemes at Your Risk –SEC Warns Nigerians

March 26, 2020/SEC Nigeria The Securities and Exchange Commission, SEC, has again warned Nigerians against patronising fund managers that are not registered with the Commission.  According to the SEC, in recent times, it has observed the proliferation of the operation of unlawful/unlicensed investment schemes, with promises of huge, but unjustifiable […]

eTranzact Proposes Rights Issue of 4.67 Billion Shares

March 25, 2020/NSE eTranzact International Plc (eTranzact or the Company) has through its Stockbroker, Cordros Securities Limited , submitted an application to The Nigerian Stock Exchange (The Exchange) for the approval and listing of a Rights Issue of Four Billion, Six Hundred and Sixty-Six Million, Six Hundred and Sixty-Six Thousand, […]