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, […]
Frauds & Scandals
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 […]
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 […]
