By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) has reported that 26 Dealing Member Firms and three (3) individuals were involved in unauthorised sale of investors’ shares between January 2012 and December 2013. According to the NSE in its Brokers Trak, status of the complaint shows that 12 […]
Frauds & Scandals
Ministry, agency partner to fight oil theft, pipeline vandalization – Vows to curb crude oil theft in 2014
Press Release The increasing criminality in Nigeria’s territorial waters such as illegal bunkering, crude oil theft, smuggling, and piracy would will soon be a thing of the past as federal government and its agencies has vowed that it be effectively curbed in the next one year. Lt-Col. Abu Kefas (rtd), […]
Banks face new probe over mortgage bond trades post 2008: WSJ
Federal regulators are probing whether several big banks deliberately mispriced mortgage bonds in the years following the financial crisis, the Wall Street Journal reported, citing people close to the inquiry. The new investigation is a potential blow to the banks as they have already paid billions of dollars in penalties […]
