Frauds & Scandals

SEC Alert Investors on Michelle-Vault Partners, Illegal Fund Managers

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) on Monday alerted the investing public on the activities of Michelle-Vault Partners Ltd as fund managers. SEC in a notice on its website said Michelle-Vault Partners is operating a purported fund “Energy Sector Credit Enhancement Fund”. According to SEC, in order […]

Soludo Responds To Okonjo-Iweala, Grills Minister Over Alleged N12 Trillion Stolen From Crude Oil, Others

The Will/Feb, 01, 2015 … Challenges Minister, APC To Debate On Economy With the presidential elections just barely two weeks away, former Central Bank Governor, Professor Charles Soludo, Sunday published a follow up to the Op-Ed he published last week titled “Buhari vs Jonathan: Beyond the Election”, where he criticized […]

IEI Sacks Two Directors

By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, International Energy Insurance Plc (IEI) said on Friday it has fired two (2) of its directors, the company said in an issuer’s announcement with the Nigerian Stock Exchange (NSE). According to the insurer, Callistus Udalor and Tosayee Ogbomo were removed as directors of the company following […]