Members of Prince Charles’ Banking Environment Initiative fail to cut ties with companies that deforest in Africa August 23, 2016/The Bidco Truth Coalition East African protesters have taken to the streets of London to demonstrate against banks that do business with Bidco Africa, highlighting the connection between global financial institutions, […]
Frauds & Scandals
NSE to sanction 14 firms for earnings’ report default
22/8.2016/The Nation By: Taofik Salako The Nigerian Stock Exchange (NSE) will sanction 14 firms for failing to meet July 31 deadline for the submission of their interim financial and operational reports, it was gathered at the weekend in Lagos. Sources at the Exchange said the firms were to submit their […]
FCMB Clarifies Allegation of Involvement in a Fraud at NPA Involving 3 Banks
August 18, 2016/NSE Following various stories in the online media about the alleged discovery of frauds at Nigerian Ports Authority involving 3 banks including First City Monument Bank (“FCMB”, or the “Bank”), the Management of the Bank would like to make the following clarifications. FCMB has not been involved in […]

