Aston Martin Dips 77 Million Pounds In 1st Quarter

May 7, 2020 621

Financial Markets News

Luxury car maker, Aston Martin Lagonda has released its trading results for the first quarter of the year showing revenues of 78.6 million pounds sterling. Total wholesale volumes for the period was 578 units. The car company also announced a successful capital raising of 536 million in the period, amid rumours of a likely bankruptcy. […]Continue Reading

CBN: Emefiele’s New Naira Exchange Rate Tune

May 2, 2020 725

Financial Markets

By Sanya Ademiluyi Central Bank of Nigeria Governor, Godwin Emefiele cuts the figure of a technocrat doing his job with patriotic zeal. Six years into the job , Emefiele has naturally crossed swords a number of times,with the powerful czars of the International Monetary Fund, IMF.Needless to say,a major sticky point would be the naira’s […]Continue Reading

SEC Warns Nigerians Over 12 Ponzi Schemes

April 22, 2020 523

Banking & Finance Financial Markets

Kemi Lawson The Securities and Exchange Commission of Nigeria, SEC is worried over the resurgence of Ponzi schemes in the country .Last week, SEC in a circular it sent to dealing members of the stock exchange and other stakeholders listed 12 ponzi schemes and others which it said were unregistered with SEC ,which indeed,investors should […]Continue Reading

SEC Seeks To Regulate Growing Crowdfunding Activity In the Country

April 21, 2020 718

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 451

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

HSBC announces US$25 million COVID-19 donation fund

April 16, 2020 411

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