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 […]
Frauds & Scandals
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 […]
Fidelity Clarifies on Temporary Suspension from FX Market, Says Repaid $288 Million
By InvestAdvocate Lagos (INVESTADVOCATE)-Fidelity Bank Plc on Wednesday clarified its temporary suspension from the foreign exchange market by the Central Bank of Nigeria and said it has repaid $288 million of the funds. “Fidelity bank has repaid over $288m of these funds in line with the advised repayment schedule,” the […]
