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Monday, October 18, 2021
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CATEGORY

Wealth

Piggyvest Releases Statement to Address Rumors of Insolvency

Piggyvest an online savings and investment platform has released a statement amid rumors that the fintech firm may be facing insolvency after an alleged...

Uzoma Dozie’s Sparkle Startup Raises $3.1m Seed Round

Two years after fintech startup Sparkle was founded by Uzoma Dozie, the former Chief Executive Officer of defunct Diamond Bank Plc, the company has...

Lagos-based Platform Eden Life Closes $1.4m Seed Round

Eden Life, Africa’s first home services app for scheduling food, laundry and cleaning services, has completed a $1.4m Seed round, led by UK-based LocalGlobe,...

Sanlam, Absa to Combine Investment Management Businesses in South Africa

Sanlam, Africa’s largest non-banking financial services group, and Absa, one of Africa’s largest diversified financial services groups, have announced that they have reached agreement...

Pandora Papers Financial Leak Shows Secrets of World’s Rich and Powerful

A global leak of nearly 12 million documents, dubbed the Pandora Papers, unlocks the financial secrets of politicians, billionaires and criminals.The investigation is one...

AMCON Seizes ex-Kwara gov, Ahmed’s House Over N5bn Debt

THE Asset Management Corporation of Nigeria, AMCON, has taken over the mansion of   former Governor of Kwara State, Alhaji Abdulfatah Ahmed, over N5 billion...

FMDQ CEO Bola Koko Pockets N4.66bn in Stock Options

FMDQ CEO Bola Onadele. Koko received stock options during the 2020 financial year that are now worth N4.66 billion, according to a company filing...

Stanbic, United Capital, FBN Capital Dominate Nigeria’s Fund Management Industry

The total mutual funds’ assets under management (AuM) in Nigeria hit N1.284 trillion ($3 billion) at the end of July 2021, according to the...

World’s Largest Sovereign Wealth Fund Made $111 Billion In H1

Norway's $1.3 trillion sovereign wealth fund posted a 9.4% return on investment for the first half of the year.The fund noted that its strong...

Caverton MD Dumps 5.428 million Shares in August Alone

Shareholders of Caverton Offshore Support Group Plc, a provider of marine, aviation and logistics services to local and international oil and gas companies in...

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