Culled—Proshare September 10, 2018/MTN MTN (Nigeria) has filed a suit against the Central Bank of Nigeria (CBN) and the Attorney-General of the Federation (AGF) to seek a restraining order. In a suit filed in Lagos on Monday, the telecommunications firm is seeking an injunctive relief to protect its assets and […]
Frauds & Scandals
SEC Charges Two Brokers With Defrauding Customers
September 10, 2018/US SEC The Securities and Exchange Commission charged two brokers for recommending excessive levels of trading that were costly for retail customers but lucrative for the brokers. In separate complaints filed in federal court in Manhattan on Friday, the SEC alleges that Florida resident Emil Botvinnik and New […]
Why the EFCC Cannot Investigate Petroleum Minister Ibe Kachikwu
9/9/2018 By Fejiro Oliver Following a publication of a petition by ThisDay Newspaper that the Patriots of Anti Corruption League (PAL) is calling on the Economic and Financial Crimes Commission (EFCC) to charge the Minister of Petroleum Resources, Ibe Kachikwu and six other persons before a court of competent jurisdiction, […]
