Mr. Sanusi says the Council’s report lacked integrity since the FRCN neither gave him fair hearing, nor allowed him the opportunity to respond to the weighty allegations against him. The suspended Central Bank of Nigeria, CBN governor, Lamido Sanusi, on Thursday shunned the much-publicized invitation by the Financial Reporting Council […]

UBS AG suspended foreign-exchange traders in the U.S., Singapore and Switzerland as its investigation into the alleged rigging of currency markets widened, according to a person with knowledge of the matter. They include Onur Sert, an emerging-markets spot trader based in New York, and at least three more worldwide, said […]

The Group Managing Director of the defunct Intercontinental Bank Plc, Mr. Erastus Akingbola; former Group Managing Director, Access Bank Plc, Mr. Aigboje Aig-Imoukhuede; and his successor, Mr. Herbert Wigwe, on Wednesday reported at the Financial Reporting Council of Nigeria’s office in Alausa, Ikeja area of Lagos for interrogation over the […]