Ecobank Transnational Incorporated on Wednesday announced that its Group Executive Director for Finance and Risk, Mrs. Laurence Do Rego, was no longer its employee. She had been on suspension for several months following a series of controversies. A terse statement by the bank’s Group Head of Communications, Mwambu Wanendeya, read, […]
Frauds & Scandals
NSE Announce 16 Dealing Member Firms with Inadequate Shareholders Funds
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) – The Nigerian Stock Exchange (NSE) has reported that 16 Dealing Member Firms on its Bourse has inadequate shareholders funds as at December 31, 2013. The NSE disclosed this in its Brokers Trak report designed to help reduce contravention of market rules to its […]
NSE Suspends 39 Dealing Member Firms Operating Without Compliance Officers
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) said it has suspended 39 Dealing Members Firms for operating without Compliance Officers. This is contained in the NSE’s Brokers Trak as at January 06 2014.
