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Fidelity Bank Shareholders Endorse 11 Kobo Dividend in 2017

By InvestAdvocate Lagos (INVESTADVOCATE)-Shareholders of Fidelity Bank Plc on Friday May 25, 2018 approved the sum of 11 kobo per share dividend for the year ended December 31, 2017. This is coming on the heels of the bank’s 30th Annual General Meeting (AGM) as the board of directors of the […]

African finance leaders to debate China’s yuan as a reserve currency – Xinhua

28/5/2018/Reuters Central bankers and officials from 14 African nations will discuss the viability of using China’s yuan as a reserve currency for the region, the official Xinhua news agency said on Tuesday. Seventeen top central bankers and officials from the region will meet at a forum in Harare to consider […]

Former CFO of Investment Adviser To Pay $227,500 Penalty to Settle Fraud Case

May 25, 2018/US SEC On May 4, 2018, the Honorable Robert W. Sweet of the U.S. District Court for the Southern District of New York entered a final judgment, on consent, against defendant Perry A. Gruss, the former chief financial officer of D.B. Zwirn & Co., L.P. (DBZCO), a now […]