23

Dec

SEC blacklists 4 Italian e-commerce companies

The attention of the Securities and Exchange Commission, Nigeria has been drawn to a report that the Italian securities regulator, (Commissione Nazionale per le Soecieta’ e la Borsa – CONSOB) has blacklisted four (4) e-commerce companies and blocked their websites for fraudulent e-trading and unauthorized offering of financial services. The blacklisted companies and their blocked websites are: Tetris […]

22

Dec

Stock Market Review: December 22, 2022

The Nigerian stock market on Wednesday closed on a positive note with 0.12% growth. Year to date, the market has returned 15.82% with the All Share Index and Market Capitalisation at 49,475.43 points and N26.948 trillion. In a stock market review with Mr Gilbert Ayoola, a seasoned capital market expert, the following were discussed. Excerpts: • The stock[…]

Berger Paints appoints Celestine Aruoture as Chief Operating Officer

Berger Paints Nigeria Plc has announced the appointment of Engr. Celestine Aruoture as Chief Operating Officer of the company. Celestine has experience in strategy development, budgeting, financial analysis, building operation & maintenance, project management, stakeholder management, business continuity management and operational efficiency. Until his appointment, he was the Head of facilities management at Union Bank of Nigeria Limited.[…]