By InvestAdvocate Lagos (INVESTADVOCATE)-BGL Group and 12 orders has obtained an ex parte order halting their appearance before the Securities & Exchange Commission’s (SEC’s) Administrative Proceedings Committee scheduled for Tuesday and Wednesday August 4 and 5, 2015 respectively. “The Commission’s attention has however been drawn to an ex parte order obtained by […]
Frauds & Scandals
Infractions: BGL Group to face SEC committee
The Securities and Exchange Commission has said that BGL Group Plc, its subsidiaries and sponsored individuals will appear before the commission’s Administrative Proceedings Committee on August 4 and 5 in relation to investor complaints against the group. This was contained in a notice published on the SEC website on Thursday. […]
Customs Suspends Diamond, Fidelity, GTBank from Collecting Duties
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigeria Customs Service (NCS) has suspended three (3) Nigerian lenders, from collecting customs duties over their noncompliance with the partnership agreement with the agency on the subject, according to The Will report quoting the News Agency of Nigeria (NAN). The report said this was […]

