By InvestAdvocate Lagos (INVESTADVOCATE)-The Securities and Exchange Commission (SEC) said its investigating complaints relating to the mismanagement of Chief Opral Mason Benson’s stocks valued at N185, 203,360.00 and unauthorised sale of 500,000 units of NB Plc shares belonging to Ngozi Oyekwere Nwachuku. “A preliminary investigation carried out by the Commission […]
Frauds & Scandals
Nigeria says it has recovered $9.1 bln in stolen money and assets
Sat Jun 4, 2016/Reuters Nigeria’s government has recovered $9.1 billion in stolen money and assets, its information and culture minister said on Saturday, as its corruption crackdown continues against the backdrop of the country’s worst economic crisis in years. President Muhammadu Buhari, elected last year largely on his vow to […]
Diamond Bank fires 200 workers
1/6/2016/Punch By Oyetunji Abioye Diamond Bank Plc has fired 200 members of its workforce as the economic challenges affecting the country continue to batter the financial services industry. This is coming two months after the bank announced that its profit before tax for the first quarter of this year fell […]
