BUSINESS ROUNDUP: SEC shuts down Stockmatch Investments; 110 bank employees sacked in one year for N81.69bn fraud cases

Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the mainstream business activities, while not forgetting the tech/economy build up.

Here are the Headlines:

MTN Foundation has spent over N25bn to impact Nigerian communities —Odunayo

Dangote Sugar, Tantalizer, others lift Nigeria’s capital market with N535.3bn gain

110 emoloyees of Nigerian banks sacked in one year for N81.69bn fraud cases —Report

SEC shuts down Stockmatch Investments

Ardova’s Olu Adeosun resigns, replaced by Moshood Olajide

 Summary:

MTN Foundation’s Executive Secretary, Odunayo Sanya, has restated the foundation’s commitment to meaningful and sustainable social investment in Nigeria. She reeled out the foundation’s key achievements, including value of finances invested, scale of projects launched and number of communities impacted.

Odunayo revealed that the foundation had spent over 25 billion Naira on a variety of initiatives since its inception in 2004.

By Ridwan Adelaja.

Full story at Ripple Nigeria.