By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Shareholders in the Nigerian Capital Market (NCM) has faulted the reinstatement of Arunma Oteh, embattled Director General (DG) of Nigeria’s Securities & Exchange Commission (SEC) by the Federal Government. Sir Sunny Nwosu, the National Coordinator of the Independent Shareholders Association of Nigeria (ISAN) Thursday disclosed […]
Capital Market
Revealed: Why SEC Staff are against Oteh’s Reinstatement
As the probe panel currently investigating the suspended Director General of the Securities and Exchanges Commission (SEC), Arunma Oteh, is about to submit its report to the Minister of Finance, Dr. Ngozi Okonjo-Iweala, any moment from now, indications have emerged that staff members of the commission are opposed to her […]
Compulsory leave: Oteh to seek Jonathan’s intervention
The embattled Director-General, Securities and Exchange Commision, Ms Arunma Oteh, is likely to petition President Goodluck Jonathan to reverse the order by the SEC board asking her to proceed on compulsory leave. Our correspondent gathered that Oteh, who is well connected in the Presidency, had vowed not to take the […]
