By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) said on Wednesday it has blacklisted three (3) dealing clerks on its bourse. According to the NSE’s Broker Trax, those blacklisted are Kingsley Nnaji, Kayode Awotile and Akinwale Olagundoye. Nnaji was blacklisted by the Exchange for unprofessional misconduct, Awotile for unauthorised transfers […]
Frauds & Scandals
Nigerian states owe $3.3 bln: governor
Tue Jun 23, 2015/Reuters Nigeria’s states owe 658 billion naira ($3.3 billion) and one way out of the financial crisis could be for banks to extend loans to them to up to 20 years, Zamfara state governor said on Tuesday. ADVERTISING ADVERTISING President Muhammadu Buhari, who said on […]
CBN Sanction 4 Banks N576m For Deposit Misclassification
June 22, 2015/Leadership/ Bukola Idowu our deposit money banks have been fined N576 million by the Central Bank of Nigeria (CBN) for misclassifying some public sector deposits and not remitting what they should as cash reserve requirement in 2014. The CBN had in the first quarter of 2014 increased cash […]
