September 4, 2025/CSL Research The Bureau of Public Enterprises (BPE) has announced plans to list one electricity generation company (GenCo) and two distribution companies (DisCos) on the Nigerian Exchange (NGX) through initial public offerings (IPOs). Under the arrangement, part of the Federal Government’s 40% stake and the States’ 30% residual […]
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Dangote Denies Owning Truck that Caused the Enugu Accident
September 3, 2025/Dangote Group …Says investigation shows owner as Visco Investment Global Limited The Management of Dangote Industries Limited, (DIL), has clarified that the truck involved in the recent accident in Enugu State is not owned by the Dangote Group. Investigations have revealed that the vehicle belongs to Visco […]
SEC Charges Pennsylvania Resident and His Companies with $770 Million Ponzi Scheme
September 3, 2025/US SEC The Securities and Exchange Commission today charged Daryl F. Heller of Pennsylvania and his companies, Prestige Investment Group, LLC and Paramount Management Group, LLC, with operating a multi-year Ponzi scheme that resulted in investor losses of approximately $400 million. According to the complaint, from January 2017 […]
