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India seizes USD2.9 million from OneCoin promoters
Scams

India seizes USD2.9 million from OneCoin promoters

The Indian government has continued in its aim to take down OnCoin promoters who are trying to get investors across the country. Indian authorities said they have recovered about Rs.189 million which approximately USD2.9 million from OneCoin investors. Earlier this week, Indian police had arrested about 18 OneCoin promoters at […]

Netflix reprices Senior Notes to EUR1.3 billion
Tech

Netflix reprices Senior Notes to EUR1.3 billion

Netflix has repriced its Senior Notes offering to EUR1.3 BILLION. The repricing was an aggregate principal amount of 3.625% senior notes due 2027. It would be recalled that the offering of the Notes was upsized from an originally announced aggregate principal amount of €1 billion. The Notes are being offered […]

Ecobank Nigeria might be shutting 79 branches
Big Business

Ecobank Nigeria might be shutting 79 branches

Ecobank Nigeria PLC, a local unit of Ecobank Transnational Incorporated might be shutting about 79 of its branches across Nigeria. //twitter.com/Chxta/status/857250989438619648 The bank has not confirmed nor denied the reports, however, there are serious challenges facing the pan-African lender. In its recently released full year result for 2016, Ecobank said […]