Stocks: SNG Singulus Technologies has highlighted the essential support it needs from shareholders and bondholders to avert liquidity issues that would force the company into insolvency. Specialist PV manufacturing equipment supplier Singulus Technologies has highlighted the essential support it needs from shareholders and bondholders to avert liquidity issues that would force the company into insolvency.…
National non-profit provides consumers with guidelines on how to effectively tackle their debt Boston, MA (PRWEB) February 09, 2016 Start off the New Year right and achieve financial peace of mind by making 2016 debt-free. In order to help consumers achieve their financial resolutions, national non-profit American Consumer Credit Counseling has provided tips on how…
After posting N267bn loss in 2015 from marketing crude and refined petroleum products and accumulating cash call debts of over $6bn to joint venture partners as well as cash constraints to fund key operations, some analysts conclude that NNPCs underlying problem is that it is insolvent. Several independent and government-commissioned audits have also given credence…
Yes the financial crisis and resulting bailout of the banks have cost taxpayers billions. But a less discussed impact of the crisis has been the diminution of competition in the financial services landscape. A combination of tighter regulation, diminished consumer appetite and the bad experiences of other foreign players may have scared off new entrants…
A director caused more than £250,000 of stock to be transferred from a failing company to another business of which he was also a director. The move, by Christopher Lister, of GMS Stone Supplies Ltd, meant creditors, including the HMRC, who were owed more than £170,000, lost out when the company was liquidated. Mr Lister,…