28/7/2016/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 authorization thereby violating the provisions of […]
Frauds & Scandals
No More Ransom: Law Enforcement, IT Security Companies Join Forces to Fight Ransomware
July 28, 2016/Kaspersky A new tool containing 160.000+ keys will help victims to retrieve their data LAGOS, Nigeria, July 28, 2016/ — The Dutch National Police, Europol, Intel Security and Kaspersky Lab (www.Kaspersky.co.za) have joined forces to launch an initiative called No More Ransom, a new step in the cooperation between […]
FBN Holding Plc Net Interest Income Down by 15% YoY in Q2’16
July 27, 2016/InvestmentOne Research Culled—Proshare Q2 2016 results highlight: Net interest income down: -2.7% q/q; -15.0% y/y Other operating income up: +231.7% q/q; +125.5% y/y Mixed PBT: +8.1% q/q; -5.2% y/y FBNH’s recently released results Q2 2016 were reflective of the depreciation of the local currency at the interbank market. […]
