* CEO’s tenure under scrutiny after governance criticised * Nigeria’s SEC criticised Ecobank hiring, called for new chairman * Ecobank says to strengthen governance, call shareholder meeting * Investors disappointed by bank’s lack of governance * Ecobank spokesman says 2013 profits strong, share price unaffected Ecobank’s response to criticism […]
Frauds & Scandals
Okonjo-Iweala’s 102-Page Response To House Finance Committee’s 50 Questions
The Coordinating Minister of the Economy and Minister of Fiance, Dr. Ngozi Okonjo-Iweala has responded to the 50 questions handed her by the House of Representatives Committee on Finance. The Minister emailed her “detailed” response to THEWILL alongside a statement. “The document provides, in extensive detail, including tables and graphs, […]
Quoted Companies/Market Operators Paid N104.7 million Fine in 2013-NSE
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 […]
