Author: InvestAdvocate

SEC suspends 34 stockbrokers for alleged default in reporting requirements

  THURSDAY, 15 JULY 2010 BY MOSES EBOSELE       The Securities and Exchange Commission (SEC) has suspended the operating licences of 34 stockbrokers for allegedly defaulting in the commission’s statutory reporting requirements.Director-General of SEC, Arunma Oteh, explained yesterday that the suspension would not be lifted until the affected stockbrokers […]

FMDA Holds AGM

  07.15.2010    The plans to hold its 19th Delegates Conference and Annual General Meeting tomorrow, July 16th to Saturday, July 17th 2010 at the Transcorp Hilton Hotel, Abuja. The theme of the Conference is: “The Reform Agenda: Striking a Balance between Economic Growth and Effective Risk Management.”   FMDA said […]

World Bank Issues IFRS Guide in Nigerian

  07.15.2010    The World Bank has issued the latest edition of its comprehensive publication on the International Financial Reporting Standards (IFRS) into the Nigerian market as Nigerian companies and regulators move toward convergence on the IFRS.   The 344-page publication aptly titled: International Financial Reporting Standards (IFRS), Fifth Edition, […]