Investors Bite

Zimbabwe wants mining companies to list on local exchange

5/4/2018/Reuters Zimbabwe wants mining firms to list on the local bourse as part of efforts under new president Emmerson Mnangagwa to boost investment and local ownership of its vast mineral resources, a new bill before parliament showed. Mnangagwa, who took power in November when the military ousted Robert Mugabe after […]

Former Football Player Charged With Running $10 Million Fraud Sentenced 40 Years-SEC

5/4/2018/US SEC A federal district court in Richmond, Virginia has entered a final judgment against Merrill Robertson, Jr., a former football player charged by the Securities and Exchange Commission with defrauding investors, including coaches he knew from his time playing football for the Fork Union Military Academy and the University […]

FCMB Group Reports N169.9 Billion Revenue in 2017 End

April 6, 2018/FCMB FCMB Group Plc has released its financial results for the year ended December 31, 2017, reporting a gross revenue of N169.9 billion. Going by the audited results, the Group recorded a profit before tax (PBT) of N11.5billion, while profit after tax (PAT) was N9.4billion.    And in […]