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 […]

The Central Bank of Nigeria has moved against money laundering and terrorism financing activities believed to be going on at the Deposit Money Banks and discount houses. As such, the central bank in a circular to banks has directed banks and discount houses violating its anti-money laundering and terrorism financing […]

… Recommends Quick Passage Of PIB The Senate Committee on Finance which investigated the NNPC over allegations of fraud leveled against it by the suspended Governor of the Central Bank, Mallam Lamido Sanusi, Wednesday submitted its report to the Senate saying no funds were missing. Sanusi had spuriously claimed in […]