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 […]
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[…]
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[…]
CBN increases weekly withdrawal limit to N500,000 for individuals
The Central Bank of Nigeria (CBN) on Wednesday announced an upward review of its cash withdrawal limits directive. Individuals can now withdraw N500,000 cash weekly and corporate entities can now withdraw up to N5 million cash across all channels including Automated Teller Machines (ATMs) and Point Of Sale (PoS) terminals.[…]









