Tuesday , October 17 2017

Capital Market

SEC Announces Whistleblower Award of More Than a Million Dollars

The Securities and Exchange Commission today announced that a whistleblower has earned an award of more than $1 million for providing the SEC with new information and substantial corroborating documentation of a securities law violation by a registered entity that impacted retail customers. “Today’s award reflects the impact that whistleblower ...

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Med-view Expands Operations to Francophone West Africa

Following the acquisition of a new B737-800 Aircraft, Med-view Airline Plc., is expanding her operations in the West Coast Region with the inaugural flights to Abidjan, Conakry and Dakar. These new destinations are in addition to the earlier Anglophone countries like Accra, Monrovia, and Freetown, increasing our destination in the ...

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Money Market

Brand News

Jumia Ghana celebrates customer service week

Jumia is celebrating customers and employees       In a bid to appreciate its customers and employees whose efforts could not be left unnoticed, Jumia Ghana has awarded its three most outstanding Customer Service Representatives and is offering customers up to 70% discounts in their SUPERHERO DEALS campaign this ...

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Business Wheels

Industry

Dangote Sugar Refinery Plc – Outlook Still Favourable

Strong earnings growth outlook over the 2017-19E period Dangote Sugar Refinery’s (DSR) growth story over the medium term is compelling. We forecast EPS growth to average 45% y/y over the 2017-19E period. We expect the company’s dominance of the sugar industry to persist well beyond the next few years given ...

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Politics

APC MEMBERS PROTEST AT ALAUSA, DEMAND BANIRE’S EXPULSION

Concerned Leaders and members of the All Progressives Congress (APC) in Mushin Local Government and Odi Olowo Local Council Development Area protest for the removal of the Party’s National Legal Adviser for anti-party activities at Alausa, Ikeja, on Tuesday, July 18, 2017.       Scores of leaders and members ...

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Pension

NICON, Nigeria Re, Civil Defence Academy Pensioners to Receive Pension Entitlements As PTAD Commences Verifications

  Pensioners of New Nigerian Newspapers,NICON Insurance,Nigerian Defence Academy and Nigeria Reinsurance Corporation, may soon receive their gratuity and pension benefits as the Pension Transitional Arrangement Directorate(PTAD) has commenced their verifications to include their names in its pay roll. Pensioners from the above four hitherto parastatals of federal government have ...

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Stanbic IBTC Pension engages employers for better retirement

Mr. Eric Fajemisin       PRESS RELEASE —Pension Fund Administrator (PFA), Stanbic IBTC Pension Managers Limited yesterday held the fifth edition of its 2017 employers’ forum, entitled Partnering to Deliver Excellent Pension Administration Services, in Ibadan the capital of Oyo State. According to statement released by the PFA, that it ...

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News from Nigeria

Africa News

Ghana’s Debt –to-GDP ratio to reach 66.1% in 2018 – IMF

Ghana’s Debt-to-GDP ratio is expected to decrease significantly by the end of 2018 according to a projection captured in the fiscal monitor report released by the International Monetary Fund (IMF). The data released on the sidelines of the Annual IMF/World Bank Meetings in Washington DC showed that the ratio of ...

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Crime Reports

EFCC Arraigns Former Bank Manager, Others For N72m Fraud

  The Economic and Financial Crimes Commission today September 27, 2017 arraigned four suspected fraudsters Sani Abubakar, Abubakar Abdullahi, Mainasara Kallamu and Abdulrazaq Abdullahi before Justice Ibrahim Kangiwa of the Kebbi State High Court on eight count charge of conspiracy , forgery obtaining by false pretence and issuance of dud ...

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