In pursuit of its Project Alpha plans, United Bank for Africa (UBA) Plc announced key appointments to drive its quest for industry leadership by 2015 at a press conference addressed by its Group Managing Director Mr. Phillip Oduoza. According to Oduoza, UBA’s Project Alpha is a 3-year road map of […]
Author: InvestAdvocate
SEC cancels ‘black market’ for shares, bonds
Securities and Exchange Commission (SEC) has concluded arrangements to proscribe underhand trading in the shares of unlisted public limited liability companies (Plcs). Anyone or institution that henceforth facilitates or engages in underhand trading on securities of unlisted public limited liability company shall be liable to monetary fine and sanction by SEC, […]
Card fraud: CBN issues deadline for banks, others
To combat the electronic card-related frauds, the Central Bank of Nigeria has given banks until November, 30 2014 to comply with the Payment Card Industry Data Security Standards. The CBN also mandated switches and processors companies to become PCIDSS-certified on or before the date. Banks and companies which fail to […]
