The Council, Chartered Institute of Stockbrokers on Thursday said it had approved the request of the institute’s President and Chairman of Council, Mr. Albert Okumagba, to step aside, pending the (conclusion of the) ongoing investigation by the Securities and Exchange Commission into BGL Plc, where Okumagba is the Group Managing […]

The Nigeria Deposit Insurance Corporation on Thursday warned depositors against patronising illegal fund operators, popularly called ‘wonder banks’. The corporation said that the wonder banks offering attractive interest on deposits were not licensed to operate by the Central Bank of Nigeria. The Managing Director, NDIC, Alhaji Umaru Ibrahim, spoke in […]

April 30, 2015/The Will In a scandalous replay of the episode, a few years back, when Justice Abdullahi Kafarati, then of the Federal High Court Enugu, offered an option of N3.5million fine to Lucky Igbinedion, former governor of Edo State for corruption offences, his younger brother, Michael Igbinedion who is […]