A stock brokerage firm, Valueline Securities and Investment Limited, has instituted a legal action against the founder of the Living Faith Church, popularly known as Winners’ Chapel, Bishop David Oyedepo, over alleged breach of agreement on a N9bn worth of investment. The firm along with its Managing Director, Samuel Enyinnaya, […]
Frauds & Scandals
Experts demand full disclosure of alleged missing N30tn
Economic and financial experts have called on the Federal Government to fully account for the N30tn alleged by a former Governor of the Central Bank of Nigeria, Prof. Chukwuma Soludo, to have been stolen under the supervision of the Minister of Finance, Dr. Ngozi Okonjo-Iweala. The experts said the exchanges […]
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 […]
