Sept 5, 2016/SEC The Commission is investigating complaints relating to the unauthorized sale of shares belonging to Alhaji Abass Bolatitio O. and 35 Ors by Fittco Securities Limited. A preliminary investigation carried out by the Commission revealed that Fittco Securities Limited sold the complainants shares without authority and Management of […]
Frauds & Scandals
First Bank Senior Officers Forge Signature To Take Over Farm Tank
August 31, 2016/Sahara Reporters The Intelligence Department of the Nigerian Police Force, Zone 10, in Abuja has revealed through its investigation that certain First Bank of Nigeria (FBN) principal officers, Kunle Awojobi, Managing Director of FBN trustee, and others forged the signature of Ola Olaniran, Operational Director of Zone 4 Energy Limited, on some documents used to obtain […]
SEC Warns Public on Activities of Mrs. Oge C. Ottiwu , Illegal Capital Market Operator
August 30, 2016/SEC The attention of the Securities & Exchange Commission has been drawn to the activities of Mrs. Oge C. Ottiwu of No. 118 Zik Avenue, Opposite Eke Market, Awka, Anambra State, who engages in capital market activities without registration within Anambra State and its environs. Section 38(1) of […]
