Updates

FG, Seven Energy sign $112m partial risk guarantee

November 10, 2016/Punch ‘Femi Asu Seven Energy International Limited has signed a $112m Partial Risk Guarantee with the Federal Government for the supply of natural gas by its wholly-owned subsidiary Accugas to the 560 megawatts power station built under the National Integrated Power Project scheme in Calabar, Cross River State. […]

SEC Investigate Complaints against Bytofel Securities, Trust Limited, Jenkens Investment Limited , 3 Others

November 10, 2016/SEC The Commission is investigating complaints it received against the under listed Capital Market Operators (CMOs): Bytofel Securities and Trust Limited Jenkens Investment Limited Securities Solutions Limited Wizetrade Capital & Asset Management Limited. Elyon Assets Management Limited Consequently, the under listed Directors and Sponsored Individuals of the above […]

SEC APC to hear Rivers State Ministry of Finance & 32 Others Versus BGL Plc 30 Others

November 10, 2016/SEC In The Matter Of the Investment and Securities Act 2007: Before the Securities and Exchange Commission Administrative Proceedings Committee (SEC APC) APC/1/2015: rivers state ministry of finance & 32 others v. BGL Plc & 30 others In re: Violation of sec rules on separation of clients funds […]