Nigerian Capital Market: SEC Summons 6 Directors Over Complaints On N300m Investors’ Funds

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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 . . .

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Nigerian Capital Market: SEC Summons 6 Directors Over Complaints On N300m Investors’ Funds

Oil slump: Speculators bet on $15 per barrel in 2016

Oil Barrels . Oil prices

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”

Oil slump: Speculators bet on $15 per barrel in 2016