By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Following yesterday evening’s fire outbreak at the Lagos office of the central bank of Nigeria (CBN), the CBN in a statement Wednesday evening confirmed the incident; but assured stakeholders and the general public that all is under control. This is contained in a statement Wednesday […]
Frauds & Scandals
Suspicious Fire Guts CBN Lagos Office
The office of the Central Bank of Nigeria (CBN) at Tinubu Square in Lagos Island, Lagos was on Tuesday gutted by fire, an incident that has triggered lots of suspicious suggestions. While some CBN staff attributed the source of the fire, which began at exactly 5.40pm, to a power surge, […]
SEC probes banks and companies in loan securities dealings: WSJ
The U.S. Securities and Exchange Commission has launched an investigation into the increasing number of complex bond deals on Wall Street that may create new opportunities for fraud, the Wall Street Journal reported on Monday. Investigators with the SEC are examining if banks and companies are using the bond deals […]
