Page 2 - Chaka Technologies News Today

Trove Technologies Limited reassures customers amid account freeze imbroglio Financial Services

The Central Bank of Nigeria (CBN) has received a court injunction to freeze accounts belonging to technology trading platforms

Chaka Technologies, a digital investment platform, has secured $1.5 million in pre-seed funding to deepen capital markets and power digital investments

Ugo Aliogo Digital sub-broker and digital investment platform, Chaka Technologies has raised $1.5 million in a pre-seed funding round led by Breyer Capital, a global venture capital and private equity firm. A statement by the firm stated that other participants in the round were 4DX Ventures, Golden Palm Investments, Future Africa, Seedstars, and Musha Ventures. The statement also noted that the funding would serve as a catalyst to enable Chaka to continue to power on its mission to enable bord...

Fintech trading platforms like Chaka, Trove, Bamboo, and Risevest that allow Nigerians to invest and trade in stocks listed on the Nigerian and foreign stock exchanges have been declared illegal by the Federal Government. This was made known by the Securities and Exchange Commission (SEC) in a statement issued and seen by Nairametrics on Thursday. It stated, “The attention of the Securities and Exchange Commission (the Commission) has been drawn to the existence of several providers of onlin...

The SEC Vs Chaka SPLEET WILL EXPAND TO GHANA & RWANDA If you’ve ever lived in Lagos, there’s no rite of passage as difficult as renting a house. It’s a system controlled by real estate agents looking to make a quick buck and cynical landlords who are wary of bad tenants. There have been attempts to solve the problem of home renting by taking it online, but if you’re trying to find a house online, you’re likely not going to avoid any of the troubles. . That is unless you use one of ...

The Debt Management Office (DMO) said on Thursday that it has listed its third sovereign Sukuk, N162.557bn 7-year 11.200 per cent AL Ijarah Sovereign Sukuk due 2027, on the Nigerian Stock Exchange and the FMDQ Securities Exchange. This disclosure is contained in a press statement titled ‘Listing of N162.557bn 7-Year 11.200 per cent Al Ijarah Sovereign Sukuk due 2027 on the Nigerian Stock Exchange and FMDQ Securities Exchange’, issued by the DMO on Thursday, March 19, 2021, as can be seen on...

Chaka Technologies Limited, a fintech company, has reassured investors on the safety of their investments following an interim order granted by the Investment and Securities Tribunal (ISL) to restrict the company and its promoters from advertising and offering for sale, shares, stock or other securities of Nigerian Stock Exchange (NSE)-listed companies. In a statement signed by Co-founder and Chief Executive Officer (CEO), Tosin Osibodu, the company explained that although no formal order from ...

Share The Securities and Exchange Commission (SEC), in a statement has announced that it will restrain fintech startup, Chaka Technologies Limited, and its promoters from advertising or offering for sale shares, stock or other securities of companies or other entities. In a statement on Saturday, SEC said its Investments and Securities Tribunal (IST) gave an interim order on Thursday, December 17, 2020. The interim Orders, which apply to all Chaka platforms, were granted pursuant to an applicat...

The Investments and Securities Tribunal, (IST) on Thursday 17th December 2020, made interim Orders restraining a Fintech company, Chaka Technologies Limited, and its promoters from advertising or offering for sale shares, stock or other securities of companies or other entities. The interim Orders, which apply to all Chaka platforms, were granted pursuant to an application by the Securities and Exchange Commission. In the application, the Commission – through its solicitor, Dr. Chuka Agbu SAN...