SEC summons six directors over complaints on N300m investors’ funds
Lagos (Vanguard) — THE Securities and Exchange Commission, SEC, yesterday, directed six directors of Transglobe Investment & Finance Company Limited to appear before it for an alleged unresolved complaints by investors worth more than N300 million against the company . . .
Continue reading “Nigerian Capital Market: SEC Summons 6 Directors Over Complaints On N300m Investors’ Funds”
Global oil speculators are reported to be buying put options contracts that will only pay out if price drops to as low as $15 a barrel in 2017. Investors expect an even deeper slump in energy prices as crude oil price plunges further down . . .
Continue reading “Oil slump: Speculators bet on $15 per barrel in 2016”