Author: InvestAdvocate

Court quashes SEC report on Okereke-Onyiuke

A Federal High Court sitting in Lagos, weekend, set aside the audit report, which investigated Nigerian Stock Exchange, NSE, under its former Director-General, Professor Ndi Okereke-Onyiuke, prepared at the instance of Securities and Exchange Commission, SEC. It will be recalled that SEC had ordered for an audit report into the […]

Revealed: Why SEC Staff are against Oteh’s Reinstatement

As the probe panel currently investigating the suspended Director General of the Securities and Exchanges Commission (SEC), Arunma Oteh, is about to submit its report to the Minister of Finance, Dr. Ngozi Okonjo-Iweala, any moment from now, indications have emerged that staff members of the commission are opposed to her […]

CBN commences revision of bank charges

The Central Bank of Nigeria has commenced the revision of charges in the banking industry in order to align its tariff regime with current economic realities. A circular by the bank on Sunday stated, “The CBN is currently reviewing the extant guide to bank charges, which has been in use […]