A Federal High Court in Abuja on Monday rejected the application by the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, to restrain the House of Representatives from probing the allegation that she spent N10bn on a chartered aircraft. Counsel for Alison-Madueke and the Nigerian National Petroleum Corporation, Mr. Etigwe Uwa […]
Frauds & Scandals
MasterCard moves to prevent card fraud
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 […]
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 […]

