By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s apex capital market regulator, the Securities and Exchange Commission (SEC) said on Friday it has lifted the indefinite suspension slammed ON Cowry Asset Management Limited and its sponsored individuals from Issuing House functions. “This is to notify the investing public that Cowry Asset Management […]

Operatives of the Economic and Financial Crimes Commission have arrested the Group Managing Director of BGL Plc, a Lagos-based financial services company, Mr. Albert Okumagba, for alleged N28.9bn fraud. An operative of the commission, who confided in our correspondent, said that those investigating the matter had been grilling the BGL […]

Stanbic IBTC Holdings Plc has said it will continue to engage relevant regulatory bodies to ensure that investigation into its operations are completed soon. The bank said this in an emailed reaction to the suspension of its rights issue on Tuesday by the Securities and Exchange Commission as a result […]