Fraudulent Deals: AfDB Debars China Zhonghao

May 16, 2020 480

Breaking News Corporate Governance

The African Development Bank ( AfDB) has debarred China Zhonghao Limited, a Chinese construction company with a lot of interest on the African continent from bidding for construction contracts financed by the bank,May 14. This follows an indictment of China Zhonghao for fraudulently misrepresenting its year of incorporation, value of its reference contracts and cognate Continue Reading

Crude oil Prices

May 14, 2020 387

Breaking News

Bonny Light $25.23 may 12,2020 WTI Crude • 25.39 -0.39 -1.51% Brent Crude • 29.98 +0.35 +1.18% Mars US • 28.58 +1.74 +6.48% Opec Basket • 22.71 +0.50 +2.25% Urals • Louisiana Light • 28.52 -0.46 -1.59% Bonny Light • 25.23 +0.30 +1.20% Mexican Basket • 21.05 -0.84 -3.84% Natural Gas • 1.702 source: Oilprice.comContinue Reading

SEC Seeks To Regulate Growing Crowdfunding Activity In the Country

April 21, 2020 717

Breaking News Financial Markets

by Sanya Ademiluyi Nigeria’s Securities and Exchange Commission, SEC has announced new rules to guide and regulate the new but promising Crowdfunding investment activity in the country. For several months now, Crowdfunding investment activity appear to be growing in the country. Solicitations for investors to crowdfund animal husbandry, cashew farming and fish farming are Continue Reading

Capital Market Community Launch N1bn Donation Against COVID-19

April 17, 2020 449

Breaking News Financial Markets

The Nigerian capital market community, led by the Securities and Exchange Commission, SEC with members from the Nigerian capital market on Thursday, April 16, 2020, inaugurated a market-wide committee, the Capital Market Support Committee on Covid-19, to coordinate its effort in mitigating the medical and economic impact of the pandemic on the vulnerable and the […]Continue Reading

Flour Mills of Nigeria Donates Over N2billion To Anti-Covid Efforts

April 17, 2020 398

Breaking News Briefs

FMN presenting some donationContinue Reading

HSBC announces US$25 million COVID-19 donation fund

April 16, 2020 409

Breaking News Financial Markets

Global bank,HSBC has made USD25 million available to support the international medical response, protect vulnerable people and ensure food security,according to a statement by the bank march 26,2020. Donation decisions will be made locally in response to local developments. This week we have pledged an initial 1 million pounds sterling to the Red Cross and […]Continue Reading