By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s lender, Skye Bank Plc said on Monday the Central Bank of Nigeria (CBN) have fined the bank the sum of N4.0 billion for non-remittance of some MDA funds in line with the apex bank’s October 14, 2015 directive. Skye Bank made this disclosure in a letter […]

November 9, 2015/State House President Muhammadu Buhari has approved the appointment of Mr. Ibrahim Mustafa Magu as the Acting Chairman of the Economic and Financial Crimes Commission (EFCC). Mr. Magu, who is an Assistant Commissioner of Police is to take over from Mr. Ibrahim Lamorde who is proceeding on terminal […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Tuesday cleared Stanbic IBTC Holdings Plc of any wrongdoing as insinuated by the Financial Reporting Council of Nigeria (FRC). The CBN in a letter to the executive secretary/chief executive officer of FRC dated November 02, 2015 with reference […]