By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) Thursday advised Pan-Africa Bank, Ecobank Transnational Incorporated (ETI) to appoint a substantive board Chairman who will lead the effort to attain an improved governance climate in the bank. SEC in a Statement signed by its management and made available […]
Frauds & Scandals
President Asks Sanusi to Resign over Leaked $49.8bn Letter
President Goodluck Jonathan has asked the Central Bank of Nigeria (CBN) Governor, Sanusi Lamido Sanusi, to resign immediately on the grounds that the letter Sanusi wrote to him on the unremitted $49.8 billion oil revenue to the Federation Account, was leaked to former President Olusegun Obasanjo by the CBN governor. […]
Ecobank’s suspended director quits
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, […]
