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[…]