June 3, 2014 by Sunday Aborisade/Punch   The Senate Committee on Finance has said that President Goodluck Jonathan should be blamed for the unilateral spending of N685.910bn by the Nigerian National Petroleum Corporation   on kerosene subsidy in 2012 and 2013. The committee which probed the alleged $49.8bn missing oil money, […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) has announced the suspension of Shalom Investment and Financial services Limited and its sponsored individuals from all capital market activities. A statement on the official website of SEC said ‘’The General Public is hereby informed that Shalom Investment and […]

South African regulators are investigating possible insider trading in shares of technology firm Pinnacle Holdings prior to the announcement of an executive’s arrest, a senior official has said. According to a report by Reuters, the probe is the highest-profile investigation into suspected insider trading on Africa’s biggest bourse in recent […]