In its avowed commitment to ensuring sound corporate governance in the nation’s capital market, the Securities and Exchange Commission, SEC Nigeria, recently waded into issues relating to corporate governance breaches in Ecobank Transnational Incorporated (ETI). Both the intervention and its outcomes affirmed Nigeria’s pole position in market regulation in Africa. […]

The Central Bank of Nigeria (CBN) has fined banks N1.2 billion for violating the guidelines of the Commercial Agricultural Credit Scheme (CACS). Meanwhile, 165,510 jobs has been created through the scheme since inception in 2009. This was revealed in the apex bank’s report on the activities of the scheme for […]

Britain’s markets regulator is seeking to fine former Deutsche Bank AG (DBK) trader Christian Bittar about 10 million pounds ($17 million) for trying to rig benchmark interest rates, its largest ever penalty against an individual, said a person with knowledge of the situation. The Financial Conduct Authority notified Bittar in […]