October 10, 2024/US SEC The Securities and Exchange Commission today charged Chicago-based Cumberland DRW LLC with operating as an unregistered dealer in over $2 billion of crypto assets offered and sold as securities, in violation of the registration requirements of the federal securities laws that are designed to protect investors. […]
Author: InvestAdvocate
Foreign Investments in the Telecoms Sector Rise in Q2 2024 Y/Y
October 10, 2024/CSL Research The Nigeria Bureau of Statistics capital importation data showed the telecoms sector attracted investments worth US$ 113.42m in Q2 2024 compared to the US$25.81m recorded in Q2 2023, a significant increase of 439.46% y/y. However, Quarter on quarter, foreign capital inflow into the telecoms sector decreased […]
Federal Government Lauds Savannah Energy for its Investment in Nigeria
October 10, 2024/Chain Reactions Africa The Federal Government has praised Savannah Energy, the British independent energy company focused around the delivery of Projects that Matter, for its substantial investment in Nigeria’s energy sector to date, saying that it appreciates what the company is doing, and encourages Savannah to sustain it. […]
