Author: InvestAdvocate

Infractions: Investors Advocate Special Courts to Try Operators

The President, Association for the Advancement of the Rights of Nigerian Shareholders (AARNS), Dr. Faruk Umar, has made case for the establishment of  special  financial crime court  where stockbrokers who sell  clients’ securities without their consent  should be  tried. In his presentation  to the House Committee on Capital Market and […]

Quarterly Returns: NSE Reads Riot Act to Brokers

The management of the Nigerian Stock Exchange (NSE) has handed down a two-week ultimatum to stockbroking firms to render their quarterly returns or face suspension from trading on the floors of the Exchange. THISDAY checks revealed that the ultimatum was given by the Chief Executive Officer of the NSE, Mr. […]

SEC Memos Prove Oteh Offered House Committee N30m

The documents attached below which were tendered before the House of Representatives Tuesday by Chairman of the House Committee on Capital Markets, Hon. Herman Hembe, clearly shows that embattled Director General of the Securities and Exchange Commission (SEC), Ms. Arunma Oteh and SEC management initiated and offered the House Committee […]