By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s apex capital market regulator, the Securities and Exchange Commission (SEC) has given Wema Bank Plc up till July 16, 2015 to pay over N70 million for negligence. Following our earlier report on June 17, 2015 entitled” SEC Order’s Wema Bank to Pay over N70 […]
Frauds & Scandals
15 Dealing Members to Appear Before NSE Disciplinary Committee July 27
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) has announced that 15 dealing members on its bourse will appear before the Disciplinary Committee of its National Council on July 27, 2015 for a hearing in respect of their failure to activate their Dealing Member licenses. The NSE in a notice […]
ECA: Jonathan approved $2.1bn withdrawal, says Okonjo-Iweala
Former finance minister Dr. Ngozi Okonjo-Iweala on Wednesday said that the unauthorised withdrawal of $2billion from the Excess Crude Account (ECA) were used for paying for petroleum subsidies for the Nigerian people and were approved by President Goodluck Jonathan. Responding to the press statement by members of the forum of […]
