August 25, 2016.FBN Holdings Plc As you are aware, there have been a number of media reports referencing the temporary suspension of FirstBank from the Nigerian foreign exchange market on account of failure to comply with the Treasury Single Account (TSA) policy. FirstBank wishes to confirm, that it has been […]
Frauds & Scandals
Activists condemn Bidco Allegations as Racially Motivated, Wrong
Once again, Bidco and its CEO, Vimal Shah, are hiding behind the veneer of a carefully crafted image that deceives the public and the company’s partners about Bidco’s cruel labour practices, mass deforestation and large-scale tax evasion August 25, 2016/TheBidco Truth Coalition The Bidco Truth Coalition (www.No2Bidco.org), an alliance of […]
Nigerian bank execs meet central bank over FX market suspension – sources
Thu Aug 25, 2016/Reuters By Chijioke Ohuocha and Oludare Mayowa LAGOS (Reuters) – Nigerian bank executives met with central bank officials, banking sources told Reuters on Wednesday, a day after the monetary authority suspended nine lenders from foreign exchange transactions for failing to remit money owed to the government. The […]
