Binance CEO labels Binance Nigeria Limited a scam, issues cease and desist. Securities and Exchange Commission declares Binance Nigeria Limited illegal. President’s administration bans Binance Nigeria Limited, warns investors. EKO HOT BLOG reports that the Chief Executive Officer of Binance, Changpeng Zhao, has stated that Nigeris’s subsidiary of the global cryptocurrency exchange platform is a … Read more
Elon Musk Sells $7bn Worth Of Tesla Shares EKO HOT BLOG reports that Tesla CEO, Elon Musk sold nearly 8 million shares of Tesla, raising almost $6.9 billion in recent days according to filings with the Securities and Exchange Commission late on Tuesday, Aug. 9. The sales came as Musk tries to wriggle out of … Read more
MTN Nigeria shares to commence soon, MTN Nigeria will commence crediting Shares Subscribers CSCS Account on February 18th 2022. EKO HOT BLOG reports that MTN Nigeria Shares Subscribers CSCS Account will be credited February 18th 2022. This is according to a statement released by Primaryoffer recently via email to applicants who earlier subscribed for the … Read more
Facebook has aggressively pushed back against the reports, calling many of the claims “misleading”… A former Product Manager with Facebook, Frances Haugen, who released tens of thousands of pages of internal research and documents, has said that the social media company prioritised profit over clamping down on hate speech and misinformation. The leaked documents show … Read more
The federal government may have concluded plans to acquire unclaimed dividends and funds in dormant bank accounts as stipulated by the Banks and Other Financial Institutions (BOFI) Act recently signed into law by President Muhammadu Buhari. The Act reads in part: “Any unclaimed dividend of a public limited liability company quoted on the Nigerian Stock … Read more
The proposed sale of 539,003,333 ordinary shares of 50 kobo each of C&I Leasing Plc through rights issue has received the approval of the Securities and Exchange Commission (SEC). The company has been given the go-ahead to conduct the rights issue by opening subscription from Monday, November 18, 2019 and close the exercise by Friday, … Read more