In documents filed with the SEC on Thursday, Snap Inc., parent company of Snapchat, filed to go public. As previously reported, the company will list…
Macy’s, Sears Shut Stores amid Losses
Macy’s announced that it is shutting down 68 stores and cutting more than 10,000 jobs. The announcement was issued alongside an unfavorable earnings report, showing…
RCCG floats Credit Union in America
Redeemer Federal Credit Union, the fourth USA federally chartered credit union in 2015, has been inaugurated at the RCCG North America headquarters in Greenville, Texas.…
Nigeria Joins Infamous List of TW 14
Washington DC – US terror watch lists have been radically revised after a foiled attack on a US-bound jet, a White House spokesman said, as…
Bank Stakeholders Clamor for Private Jet Sale
NIGERIA – As the wave of bank reforms sweep through Nigeria, it has been revealed that some Bank executives used shareholders funds to acquire private…
Nigeria: CBN Releases Debtor List
The Central Bank of Nigeria (CBN) yesterday made good its threat to publish names of non-performing debts – owed mostly by politicians, entrepreneurs and shareholders/directors…
DIRECTORS OF FIVE NIGERIAN BANKS SACKED
NIGERIA – The Central Bank of Nigeria today removed the Managing Directors and Executive Directors of the following banks; Intercontinental Bank Plc (Erastus Akingbola) Oceanic…
Billonaire Alhaji Aliko Dangote emerges 17th NSE president
NIGERIA – AFTER months of controversies, accusations and speculations, Alhaji Aliko Dangote, yesterday emerged the 17th President of the Nigerian Stock Exchange. Dangote who, until…
THE MONEY LAUNDERING ACT
NIGERIA – Every day we watch local TV and in recent times foreign media, billboards, leaflets, personal encounters with bank officers encouraging and enticing us…