March 24, 2015 Written by Austyn Ogannah (THEWILL) and Nicholas Ibekwe (PREMIUM TIMES) Nigeria will lose at least N549 billion ($2.8 billion) in oil royalty and petroleum tax if what appears a shady and absurd deal the Attorney General of the Federation and Minister of Justice, Mohammed Adoke, is negotiating with […]
Frauds & Scandals
Court Fixes April 22 for Hearing of Ibru’s Case against AMCON
A Federal High Court siting in Abuja has fixed further hearing in the suit instituted by former Managing Director of the defunct Oceanic International Bank Plc, Mrs Cecilia Ibru, for April 22. The rescheduling of proceedings in the suit was due to the recent industrial action by judiciary workers. Mrs. […]
SEC Suspends Woodland Capital Market for Unauthorised Sale of Investor Shares
By InvestAdvocate Lagos (INVESTADVOCATE)-“The Securities & Exchange Commission (SEC) on Tuesday March 10, 2015 suspended Woodland Capital Market Plc together with its Directors and Sponsored Individuals in connection with the unauthorized sale of 3,750 units of PZ Plc shares belonging to an investor and its refusal to comply with the […]
