December 17, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks as at midday Monday is down -0.16 percent and driven by losses across sectors. InvestmentOne reports that market movers are oil marketing majors, Forte Oil Plc and Oando Plc; both have declined -9.75 percent and -3.03 percent each, Diamond Bank Plc and […]
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Breaking: Access Bank acquires Diamond Bank
16/12/2018/Vanguard Access Bank Plc has finally acquired Diamond Bank Plc. According to insiders, the official announcement of the transaction will be made in the course of the week by the Central Bank of Nigeria, CBN, according to TheCable. Another source said confirmed that the deal has been sealed, awaiting final […]
SEC Obtains Asset Freeze Against Former CEO Charged with Misappropriating Investor Funds
December 15, 2018/US SEC The Securities and Exchange Commission today announced charges against Thomas H. Laws, the former CEO of Santa Fe Gold Corporation, for the misappropriation of investor funds. The SEC also obtained an asset freeze against Laws. The SEC’s complaint, unsealed on December 6, 2018, alleges that, from […]
