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Views: Visits 4 By Obas Esiedesa, AbujaAfrican Refiners and Distributors Association, ARDA, has stated that for African countries to meet the planned Sulphur level in petroleum product content, about $15.7 billion would be needed to upgrade the existing 36 refineries on the continent. Nigerian National Petroleum Corporation, NNPC, last signed a deal for complete overhaul of Nigeria’s largest refinery, Port Harcourt Refinery, for $1.5 billion. The rehabilitation is being financed by the African Development Bank. The African Union and the African Refiners and Distributors Association...

Focus Financial acquired ARS Wealth Advisors to expand Florida presence.

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Focus Financial acquired ARS Wealth Advisors to expand its Florida presence. Focus Financial Partners, a publicly traded RIA consolidator, agreed to acquire ARS Wealth Management, a 24-year-old firm based in St. Petersburg, Fla., according to a Monday announcement.  Details of the transaction were not disclosed, except for the expectation that it will close in the third quarter of 2021. ARS turned to Focus after years of consideration searching for a partner to allow it to increase capital and maintain autonomy over its business while adding services such as cash management and lend...

Mandalay Resources Corporation Announces the Results of Its Annual General Meeting of Shareholders TORONTO, May 26, 2021 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) is pleased to announce the results of its Annual General Meeting of Shareholders (the "Meeting") held today virtually. All the resolutions presented at the Meeting were approved by the shareholders, with the votes cast by proxy representing 88.04% of the total shares outstanding as of the record date. Dominic Duffy, President and CEO of Mandalay commented, "On behalf of...