Author: InvestAdvocate

First Bank Makes New Appointments To Its Board

As part of its ongoing restructuring and efforts to strengthen its corporate governance culture, First Bank of Nigeria Plc (FirstBank), has announced the appointment of four (4) new Non-Executive Directors to its Board, namely:   1.       Mr. Ambrose Feese   2.       Mrs. Ibukun Abiodun Awosika   3.       Mr. Ebenezer Adewale […]

Okafor: NSE Didn’t Sack Me

11.23.2010 THISDAY A former General Manager at the Nigerian Stock Exchange (NSE), Mr. Kene Okafor, has said he voluntarily resigned his appointment contrary to reports that he was affected by the downsizing exercise that affected 32.5 per cent of the exchange’s workforce last August.   Following the intervention of the […]

Auditors under fire over Exchange Accounts

By Stanley Oronsaye, November 24, 2010    In what amounts to a vote of no confidence, stockbrokers refused to authorize council members of the Nigerian Stock Exchange (NSE) to fix the remuneration of auditors, Akintola Willaims Deloitte.    At the 49th annual general meeting held in Lagos yesterday, member stockbrokers […]