By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday said it has delisted four (4) erring firms for non-compliance with provisions of the Listings Rules of The Exchange and pursuant to Clause 15 of the General Undertaking. The firms are Pinnacle Point Group Plc, Afroil Plc, Starcomms […]
Frauds & Scandals
Unity Bank names 111 bad debtors
Unity Bank Plc has released the names of 111 customers with bad loans that have failed to make good their obligations to the bank. This followed the expiry of a two-week grace period given by the bank from October 8 to October 22, to such customers, the bank said in […]
Banks to Pay $3.3 Billion in FX-Manipulation Probe
Nov 12, 2014/Bloomberg Regulators in the U.S., Britain and Switzerland ordered five banks to pay about $3.3 billion to settle a probe into the manipulation of benchmark foreign-exchange rates. Switzerland’s UBS AG was ordered to pay the most at $800 million, according to statements from the U.S. Commodity Futures Trading […]

