The Securities and Exchange Commission (SEC) in its avowed commitment to restore investor confidence, enhance market integrity and protect everyday investor, is taking two hundred and sixty (260) entities and individuals to the Investments and Securities Tribunal (IST) for alleged violation of the Investments and Securities Act (ISA), 2007. […]

  Jul 26, 2010 By Innocent Anaba   A Federal High Court sitting in Lagos, has resumed hearing in the suit by Afribank Nigeria Plc, against Imade Oil and Gas Limited, over an alleged N661.1million debt.   Trial judge in the matter, Justice Okechukwu Okeke,  has meanwhile, ordered Afribank to […]

  TUESDAY, 27 JULY 2010  BY A Lagos-Based firm, Atlantic Brothers Limited, (ABL), is set for a legal battle with Oceanic Bank International Plc for the alleged failure of the financial institution to credit N1.37 billion cheque it deposited into its (ABL) account at the bank.   The firm has […]