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Under dividend option, certain portion of the capital can be distributed as dividend

TODAY March 12, 2021 The Akwa Ibom State High Court in Uyo has sentenced an ex-banker, Ebe Okokon, to six months’ imprisonment but with an option of N600,000 for fraud involving N970,000. A statement by the spokesperson for the Economic and Financial Crimes Commission (EFCC), Wilson Uwujaren, stated on Friday that the trial judge, Archibong Archibong, handed down the verdict on Thursday. The sentence was said to have followed a plea bargain the convict reached with the EFCC. Mr Okokon, who was accused of defrauding his victim using a forged document of his former bank, therefore pleaded g...

A lot more is at stake than just trading. The F&O traders need to worry about margins, says Ajay Srivastava

10 Chelsea Houska's husband Cole DeBoer is in the clear, as the $2,500 lawsuit against him has been droppedCredit: Instagram The company claimed Chelsea's husband rented two products from them - an Iron Soft and PE Carbon - for $40 a month. The Sun can exclusively reveal the company dismissed the case on February 18. The clerk for the South Dakota courthouse could not confirm if the case was dropped because Cole paid off the amount, though it is likely. As The Sun previously reported, the February 8, 2021 filing alleged: “On 11/18/20, we sent him a postcard asking him to call the office. ...

Cole DeBoer might be having some financial troubles! Last year, the couple was sued for $3 million after being accused of breaching a contract with a promotional company. They denied the claims and filed a countersuit, but it doesn’t look like their problems are over just yet. Now, it appears Cole himself is being sued for failing to pay his bills. The couple recently decided to quit MTV, welcomed a fourth child into their family, and built a new home, all of which have cost them a pretty penny. Could they be struggling a lot more than they pretend? Source: Instagram @chelseahouska