By InvestAdvocate Lagos (INVESTADVOCATE)- Francois Koumoin, the president of the commercial court in Abidjan has ordered pan-African lender, Ecobank Transnational Incorporated to pay Thierry Tanoh its former chief executive officer (CEO) the sum of 7 billion CFA Francs ($12.3 million), according to a Bloomberg report. In March 2014, the pan-African […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) – Nigeria’s Securities and Exchange Commission (SEC) on Thursday said the recent redeployment carried out at the commission was strategic in order to strengthen its regulatory mechanism and not punitive, according to a statement from SEC. This is coming on the heels of reports […]

Jan 8, 2015/Bloomberg Honda Motor Co. (7267) agreed to pay a record $70 million in fines and submit to stricter oversight for failing to tell the U.S. government about warranty claims and more than 1,700 injuries and deaths linked to potential defects in its cars. Automakers are required to report […]