MasterCard has moved to prevent payment card fraud by organising special training for merchants across the country. A statement by the company quoted the Vice-President and Area Business Head, West Africa, Omokehinde Ojomuyide, as saying that the capacity development session was focused on card acceptance best practices, with emphasis on […]
Frauds & Scandals
Unauthorised Sales of Shares: NSE Revokes Kayode Awotile’s Licence as Authorised Dealing Clerk
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian stock exchange (NSE) on Thursday announced it has revoked the registration of Kayode Awotile as authorised dealing member on its bourse for engaging in fraudulent practices. The NSE in a notice on its website issued by Olufemi Shobanjo, head, broker dealer regulation said […]
Chartered Institute of Stockbrokers expels member
The Chartered Institute of Stockbrokers says it has severely punished one of its members, found guilty of infamous conduct last year. The institute said in a statement that its Disciplinary Tribunal had found Mr. Akinwale Olagundoye guilty of infamous conduct on March 28, 2013, but could not take punitive action […]
