Investors

The Securities and Exchange Commission, SEC, has said it will continue to work to protect investors and also ensure the promoters of Ponzi schemes are made to face the full wrath of the law

The Nigerian equities market closed Thursday trading on upward trend, appreciating by 0.10 per cent, amid Dangote Cement gain.

The world economy is facing “severe” economic damage from the coronavirus pandemic that could be even more costly than in 2009 and will require an unprecedented response, IMF chief Kristalina Georgieva said Monday.

Sokoto State Government has cancelled public inauguration of 2020 International Trade Fair organised by the Sokoto Chamber of Commerce, Industry, Mines and Agriculture (SOCCIMA).

South Africa’s rand weakened on Wednesday amid mounting fears over the fallout from the coronavirus crisis, while investors awaited consumer price inflation and retail sales data to gauge the health of an already battered domestic economy.

The Trump administration offered large sums to a German company working on a coronavirus vaccine to make it available for exclusive use by the U.S., a German newspaper reported on Sunday.

The Federal Ministry of Industry, Trade, and Investment on Sunday said Nigeria is set to host the maiden edition of the Afrika Business and Investment Forum (AFRIBIF) 2020.

Governor Nasir El-Rufai has revealed that former Emir of Kano, Mallam Muhammadu Sanusi II, is heading to Lagos to be with his family after leaving Awe, a town in Nasarawa State where he has been confined to since last Tuesday.

The Central Bank of Nigeria (CBN) says market fundamentals do not support Naira devaluation this time around.

Central Bank of Nigeria, CBN, Thursday night said it has enough foreign exchange reserves to maintain the current value of the naira and warned currency speculators to stop rumour mongering and causing panic in the market.

The severe pressure on Nigeria’s foreign exchange market has led to significant depreciation of the Naira across all the market segments, with JP Morgan predicting a further depreciation of the Naira before June.

All of Italy under lockdown, reeling financial markets and rioting prisoners made clear on Monday how the global coronavirus epidemic was extending its reach into all aspects of social and economic life.

Khaled El Dokani, the country Chief Executive Officer of Lafarge Africa in Nigeria, has apologised for the company’s role in admitting the deadly coronavirus into Nigeria.

There are indications that the Nigerian Stock Exchange (NSE) may trigger its index circuit breaker if the stock market continues to plunge, in order to protect investors.

Steven Seagal, best known for fighting off bad guys with roundhouse kicks in movies like Above the Law, has settled a case with the Securities and Exchange Commission over promoting a cryptocurrency on social media. The action star will pay $314,000, and won’t be allowed to promote any security — digital or otherwise — for three years.

The Economic Community of West African States, ECOWAS, will partner Akwa Ibom State government to train 150 repentant militants in the state.

The paramount ruler of Remoland, Oba Babatunde Adewale, has reacted to the death of the slain footballer, Tiamiyu Kazeem, popularly called Kaka, on Tuesday in his palace.

China’s coronavirus outbreak showed no sign of peaking with health authorities on Friday reporting more than 5,000 new cases, while passengers on a cruise ship blocked from five countries due to virus fears finally disembarked in Cambodia.