Access Bank Plc said it had sold some London properties of a former Managing Director of the defunct Intercontinental Bank Plc, Erastus Akingbola, in a bid to recover a debt of N164bn from him. According to the bank, a sum of £11m has so far been recovered by selling Akingbola’s […]
Frauds & Scandals
CeBIH seeks new policy against e-payment fraud
Committee of electronic-Banking Industry Heads has called for a regulatory environment that will promote innovation and further prevent fraud in the e-payment industry. The CeBIH Chairman, Mr. Tunde Kuponiyi, who made the call, emphasised the importance of appropriate regulatory framework in moving the nation’s nascent e-payment sector to the next […]
NSE Delists Starcomms, Afroil, Big Treat, Pinnacle Point
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 […]
