June 25, 2015/ SEC The Securities and Exchange Commission (SEC) received over 40 letters of investor complaints against BGL Group Plc alleging indebtedness to the tune of about N5.8 billion. Investigations were conducted and all-parties meetings were arranged by SEC during which repayment agreements were struck between BGL and some […]

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 […]

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 […]