Author: InvestAdvocate

Capital market infractions: Tribunal begins hearing next week

By Gbenga Agbana Friday, 10 Dec 2010 The Investments and Securities Tribunal will begin sitting from Tuesday to Thursday next week on the cases involving 260 entities and individuals accused of involvement in capital market infractions, the Manager of the Lagos Zone of the IST, Mrs. Uyi Madegbelo, has said. Madegbelo, […]

Success of AMCON hinged on banks’ compliance

By Stanley Opara Friday, 10 Dec 2010 The success of the Asset Management Corporation of Nigeria initiative lies crucially on how Nigerian banks perform their roles, the Group Managing Director/Chief Executive Officer, Intercontinental Bank Plc, Mr. Mahmoud Alabi, has said. Alabi, who delivered a paper on “Operational Modalities of AMCOM: Implications […]

CBN wants electronic evidence admissible in court

By Ifeanyi Onuba, Abuja Friday, 10 Dec 2010 The Central Bank of Nigeria has urged the Judiciary to, as a matter of urgency, allow the courts to admit electronic evidence in all cases involving electronic banking crimes in the country. The Deputy Governor, Financial System Stability, Dr. Kingsley Moghalu, gave the […]