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SEC Wins Judgment Against Georgia Individual in Prime Bank Investment Scheme

January 19, 2022/US SEC On November 9, 2021, a federal court entered a final judgment against Peter Baker of Lawrenceville, Georgia, Elizabeth Oharriz of Miami Shores, Florida, and their companies for orchestrating a prime bank investment scheme and stealing over $2.2 million from investors. According to the SEC’s complaint, filed on […]

Nigeria’s Fiscal Position; a Revenue or Debt Problem?

January 7, 2022/Coronation Research Based on a Punch news report, the Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed on Wednesday during the public presentation of the details of the 2022 Appropriation Bill that it spent N4.2tn on debt servicing between January and November 2021. This sum represents […]

BUA Foods: The New Kid on the Block

January 6, 2022/CSL Research On Tuesday, BUA Group listed a consolidated entity known as BUA Foods, a combination of its five food businesses comprising pasta, edible oil, sugar, rice, and flour on the Nigerian Exchange Limited by introduction at N40.00/s. The total shares admitted to trading were 18.0bn units of […]