Nigeria bourse proposes amendments to rulebook on SPVs, calls for comments
Businessam StaffMarch 21, 2018
The Nigeria Stock Exchange (NSE) is proposing additions to its rulebook of listing of securities issued by special purpose vehicles
Sell-off wipes $59bn off Facebook market capitalization in 3 days
Businessam StaffMarch 21, 2018
A sell-off in Facebook shares entered its third day Wednesday as the backlash against the world’s biggest social network continues to
SEC disburses N17.09m as compensation to 297 investors of closed Mega Asset Managers
Businessam StaffMarch 21, 2018
The Securities and Exchange Commission (SEC) on Wednesday said the sum of N17.09 million has been disbursed to 297 investors as
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AfDB launches $2.0bn 3-year global benchmark bond at 2.625% fixed rate
Businessam StaffMarch 16, 2018
The African Development Bank (AfDB) has launched a $2.0-billion 3-year global benchmark bond at 2.625 percent fixed rate due March 22,
Investors punish Unilever for moving headquarters out of UK as Britain’s FTSE inches higher
Businessam StaffMarch 15, 2018
UK shares managed a meager gain on Thursday after a three-day losing streak as Britain’s third-biggest company, Unilever, fell after
Bitcoin, other virtual currencies sink further as Google bans crypto, ICO ads in June
Businessam StaffMarch 14, 2018
Google said Wednesday morning that it will ban adverts for cryptocurrencies, initial coin offerings (ICO) and “other speculative
Cryptocurrencies rebound as bitcoin returns toward $10,000
Businessam StaffMarch 12, 2018
Crypto prices traded sharply higher on Monday, as Bitcoin climbed back towards the $10,000 mark after sliding 18% last week. Bitcoin
SEC says it’s set to commence audit of Oando as minority shareholders kick over delay
Businessam StaffMarch 6, 2018
The Securities and Exchange Commission (SEC) said Tuesday it is now set for the commencement of the long-awaited forensic audit of
Cryptocurrencies fall after South Korea ban on government trading
Businessam StaffMarch 6, 2018
Bitcoin slumped on Tuesday amid regulatory concerns, as South Korea issued a ban on cryptocurrencies. Bitcoin was trading at $10,927,
UAE banks ban trading in bitcoin, others
Businessam StaffMarch 5, 2018
Foreign banks operating in the UAE have been banned from trading or purchasing virtual currency including Bitcoin and Ethereum,