January 1, 2016/SEC The Securities and Exchange Commission (SEC) wishes to inform the investing public that Mr. Tajudeen Folaji, a former stockbroker with First Alstate Securities Limited, has been sentenced to seven years imprisonment by the Lagos State High Court presided over by Justice Kudirat Jose. The court found him […]
Frauds & Scandals
EFCC Arrests Olisa Metuh
January 5, 2016/Huhuonline.com by Emmanuel Asiwe The National Publicity Secretary of the Peoples Democratic Party (PDP), Chief Olisa Metuh, has been arrested by the Economic and Financial Crimes Commission (EFCC) Metuh was said to have been picked up in his Abuja home on Tuesday morning by four armed officials of […]
Oil proceeds went into personal accounts, Nigerian president says
Thu Dec 31, 2015/Reuters By Alexis Akwagyiram LAGOS (Reuters) – Nigerian authorities have seen documents suggesting the proceeds from past crude oil sales were diverted to personal accounts rather than reaching government coffers, President Muhammadu Buhari said in a wide-ranging interview on Wednesday. Africa’s biggest economy faces its worst economic […]
