Frauds & Scandals

Emefiele under fire over currency controls– Report

The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, is coming under fire from economists and investors as the economy reels from the collapse in oil prices, Financial Times has reported. Emefiele had introduced a range of currency controls in recent months to try to halt the decline of the […]

BGL Group Remains Suspended-SEC

By InvestAdvocate Lagos (INVESTADVOCATE)- The Securities and Exchange Commission (SEC) said on Sunday BGL Group, its subsidiaries and sponsored individuals remains suspended from all capital market activities The Commission in a notice it posted on its website dated September 19, 2015 thus read: “This is to inform the general public […]

Code Of Conduct Tribunal Orders Saraki’s Arrest

September 18, 2015/ The Will The Code of Conduct Tribunal has ordered the arrest of Senate President, Senator Bukola Saraki, for failing to appear at his arraignment over charges bordering on false declaration of assets. Justice Danladi Umar in a ruling approved the request of Mr. M. Hassan, counsel to […]