The frail stability achieved by Ecobank Transnational Incorporated (ETI), the Lome, Togo-based parent company of Ecobank Nigeria Plc in the last few weeks is now threatening to crack open at its seams over a recent administrative action by the board which the Securities and Exchange Commission (SEC) has challenged. Sources […]
Frauds & Scandals
I won’t quit before June, Sanusi dares Jonathan
The controversy surrounding the planned exit of the Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, deepened on Thursday with the governor insisting that he would not quit the post until his term expired on June 2, 2014. In keeping with his vow, which analysts see as a […]
Investigations reveal that SEC Nigeria rushed to Judgment on ETI – The Exclusive!
On January 09, 2014, the Securities and Exchange Commission (SEC) released its “Investigation Report of ETI’s Corporate Governance Practices” and made a number of recommendations and advise for ETI to deal with. On the surface, a discerning professional would have reached a conclusion that the regulator acted in the best […]