AI-powered security now coming on Paxful® Bitcoin marketplace
…Nigeria, Ghana among Paxful’s leading markets globally Even as the Securities and Exchange Commission (SEC) of both Nigeria and Ghana have continued to warn citizens against involvement in crypto-currency deals, Paxful, a peer-to-peer Bitcoin marketplace, has announced partnership with Jumio®,…
SEC saves Nigerians, shuts new local ponzi scheme, Dantata Success in Kano
Though indigenous, Nigerians were Wednesday saved from another Russian MMM modeled Ponzi scheme known as Dantata Success and Profitable Company, in Kano. Business Hilights recalls that thousands of Nigerians were between 2017 and 2018 lured into MMM with fabulous interest…
Access Bank shareholders to seal or reject Diamond acquisition or merger March 5
Relying on the orders of Justice O. O. Oguntoyinbo of the Federal High Court, Lagos on January 24, Access Bank has announced the holding of shareholders meeting on March 5, 2019. The court had directed that a meeting of the…
Disruptive technologies driving transformation in financial services sector—Onyema
The Chief Executive Officer, Nigerian Stock Exchange (NSE), Mr. Oscar Onyema has averred that Nigerian services sector in recent years has been under the disruptive influence of forced transformation driven by technologies. Speaking at the recently concluded third edition of…
Apathy on MTN’s 35% shares in Ghana, latest CBN’s hammer cloud NSE listing
More signals have emerged indicating that the endless back and forth movement of preparations by leading telecoms giant, MTN Nigeria to list on the Nigerian Stock Exchange (NSE) may face permanent back movement. Since 2015 after it was clear that…
SEC coming with measure to incentivise issuers at stock market
As part of drive to deepen entrance to the nation’s capital market, the supervising Securities and Exchange Commission (SEC) has unveiled plans to streamline the entire issuing process so as to make entrance flexible for fund seekers at the Exchange….
Endless wait for MTN at Nigerian Stock Exchange traced to veiled reasons, but…
Whereas the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Umar Garba Danbatta, has made it clear no amount of official delays will be accepted if MTN fails to list on the Nigerian Stock Exchange (NSE) on or…
Issues around probing Oando land Gwarzo in ICPC net, charged to court
Though the Minister of Finance, Mrs. Kemi Adeosun had repeatedly denied it, the embattled and suspended Director-General of the Securities and Exchange Commission (SEC), Mr. Mounir Gwarzo who is now charged to court on a three count, had insisted that…
NSE, CBi to unveil Corporate Governance Rating System (CGRS) Steering Board
The Nigerian Stock Exchange (NSE) and the Convention on Business Integrity (CBi) Thursday, announced the inauguration of the Steering Board of the Corporate Governance Rating System (CGRS), which held its maiden meeting on December 12, 2017. The CBi, a company…
Adeosun mute over Thursday’s expiration of Oando shareholders’ ultimatum
Considering alleged her complicity and official interference in the forensic probe of Oando Plc by the Securities and Exchange Commission (SEC), the Trusted Shareholders’ Association (TSA) on Thursday last week issued a 7-day ultimatum to the Minister of Finance, Mrs….
