By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Wednesday put total amount of fines paid by erring quoted companies and other capital market operators at N104.7 million in year 2013. Oscar Onyema, Chief Executive officer (CEO) of the Nigeria’s Exchange disclosed this at the 2013 Market recap and […]
Frauds & Scandals
JPMorgan profit hit by Madoff, weaker investment banking
JPMorgan Chase & Co posted a 7.3 percent decline in quarterly profit on Tuesday, as legal woes and weak demand for investment banking services capped off a tough year for Chief Executive Jamie Dimon. The largest U.S. bank had $1.1 billion of legal expenses in the fourth quarter, about $850 […]
Shareholders urge ETI to comply with SEC directives
Shareholders have urged Ecobank Transnational Incorporated to comply fully with the directives that the Securities and Exchange Commission gave it after the commission carried out a corporate governance audit of the group. They also commended the commission for carrying out the audit. This, according to them, is because it is […]
