By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-To ensure market confidence and promote investors apathy, the Nigeria’s apex capital market regulator, the Securities and Exchange Commission (SEC) has ordered Wema Bank Plc to pay over N70 million for negligence. The order was made by the SEC, after an all parties meeting pursuant […]

June 16, 2015 : Femi Makinde/Punch A former Deputy Governor of Osun State, Senator Iyiola Omisore, has said the administration of Governor Rauf Aregbesola took a loan of over N480bn from various sources since he assumed office in 2010. Omisore said this at a press conference in Ile Ife on […]

Sat Jun 13, 2015/Reuters Nigerian authorities have launched an investigation to determine whether the government has been short-changed by a state oil company scheme to swap crude for refined products, the company, three oil traders and a security source said.    The Nigerian government may be losing money through opaque […]