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 […]
Frauds & Scandals
CBN Clears Stanbic IBTC of Wrongdoing
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 […]
Court Orders Blogger’s Remand Over Alleged Malicious Report Against UBA’s GMD
November 2, 2015/The Will A Federal High Court in Lagos on Monday ordered that a 29-year-old blogger, Desmond Ike-Chima, be remanded at the Ikoyi Prisons over alleged malicious publication. Ike-Chima, arraigned on a two-count charge bordering on the alleged offence, pleaded not guilty. Justice Mohammed Yunusa, however, ordered his remand […]

