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AfDB’s Board of Directors approves the institution’s borrowing program for 2017

December 14, 2016/AfDB The Board of Directors of the African Development Bank has approved the institution’s borrowing program for 2017, for an amount of UA 6.2 billion (equivalent to USD 8.4 billion) to be raised from capital markets. One of the main objectives of the program is to raise resources […]

MMM stings millions of Nigerians

December 13, 2016/huhuonline.com Emmanuel Asiwe Nigerians subscribing to MMM may have to wait a month longer to get their refunds or compensation which they have been eagerly awaiting to celebrate Christmas and New Year festivities. MMM took the decision barely 24 hours after its founder, Sergey Mavrodi, wrote to Nigeria, […]

NSE Places RESORTSAL on Full Suspension Pursuant to the Directives of SEC

Culled—Proshare 9/12/2016/NSE The Securities and Exchange Commission (SEC) has directed The Nigerian Stock Exchange (“The Exchange”) to place the shares of Resort Savings & Loans Plc on full suspension. In compliance with the provisions of Section 35 of the Investments and Securities Act, 2007 and in order to give effect […]