January 7, 2021/US SEC The Securities and Exchange Commission today announced awards totaling more than $1.1 million to five whistleblowers who provided high-quality information that led to successful enforcement actions. In the first order, the SEC awarded three whistleblowers almost $500,000 in connection with two related enforcement actions. The first […]
Frauds & Scandals
FCMB Names Yemisi Edun Acting MD
January 6, 2021 By Paschal IJEH InvestAdvocate Lagos (INVESTADVOCATE)-First City Monument Bank (FCMB) on Wednesday announced Yemisi Edun as acting managing director (MD) of the Bank as Adam Nuru, substantive MD has been mandated to go on leave to enable the bank to investigate the paternity allegations against him. A […]
FCMB Issues Update on Media Stories on Adam Nuru MD
January 5, 2020/FCMB “We are aware of several stories circulating across several media platforms about our Managing Director, Adam Nuru, a former employee Ms. Moyo Thomas and her deceased husband, Mr. Tunde Thomas. While this is a personal matter, the tragedy of the death of Mr. Tunde Thomas and the […]

