By Kingsley Ogunwa InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) said on Wednesday shareholders who buy shares and registered with multiple names will forfeit ownership of such holdings. Mounir Gwarzo, the director general (DG), of the Commission revealed this to financial market journalists at a press briefing after the […]
Frauds & Scandals
Dangote raises fraud alert on “Happy World Meal Gate”
May 8, 2017/Dangote Group The Dangote Group has raised alarm over a Ponzi scheme in circulation alleging partnership between the “Dangote brand, Nestle, Cussons and other reputable food processing companies” in launching a multi-level marketing initiative that intends to “fight hunger, poverty and stop recession” by paying participants in food. […]
Presidential Investigative Panel Report to be submitted on Monday
May 3, 2017/Press Release The three-man Presidential Investigative Committee set up by President Muhammadu Buhari, GCFR, under the chairmanship of Vice President Yemi Osinbajo, SAN, to inquire into the Discovery of Foreign and Local Currencies by the Economic and Financial Crimes Commission (EFCC) at Osbourne Towers, Ikoyi, Lagos and the […]
