By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) said it’s investigating the technical suspension placed on the trading of shares of top tier lender Access Bank Plc by the Nigerian Stock Exchange (NSE). The commission in a statement said it’s aware that the NSE in September 2014 […]
Frauds & Scandals
Bank of America moves past worst legal costs, posts loss
Bank of America Corp (BAC.N) said on Wednesday that it has moved past the worst of its legal settlements linked to the financial crisis, after its latest big legal charge brought the bank’s common shareholders a net loss for the third quarter. Since 2010, the second-largest U.S. bank has agreed […]
Court Asked to Stop CBN from Implementing N65 ATM Charge
A Federal High Court in Abuja has been urged to restrain the Central Bank of Nigeria (CBN) from further implementing its reintroduced N65 on cash withdrawal from others’ banks’ ATMs. The new CBN Governor, Godwin Emefiele had on August 13 announced that a customer, who makes cash withdrawals from the […]
