The Nigerian Stock Exchange has ordered operators in the Nigerian capital market to stop daily distribution of capital market information to clients and investors. This directive was part of the licensing directive given to market operators late last week. A source from the NSE who confirmed this to our correspondent […]
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Vigeo Power Pays $32.25m for Benin Distribution Company
Press Release In line with the guidelines of the privatization programme of the Federal Government, Vigeo Power Limited has paid $32.25million to the Bureau of Public Enterprises (BPE). This figure according to sources at the Bureau represents 25 per cent of the $129million bid price for the Benin Electricity Distribution […]
Argentine agency says it found fraudulent transactions by HSBC
Argentina’s tax agency said on Monday it has uncovered 392 million pesos (50.9 million pounds) in fraudulent transactions by HSBC (LSE: HSBA.L – news) and said it has asked the judicial system to probe the European bank for alleged tax evasion and money laundering. HSBC , Europe’s largest bank, was […]
