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. […]
Frauds & Scandals
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, […]
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 […]
