In a move to enforce its resolution on the Securities and Exchange Commission, the House of Representatives on Tuesday walked out officials of the agency from a meeting at the National Assembly. The three-man SEC delegation had gone to represent the Director-General of the commission, Ms. Arunma Oteh, at an […]
Capital Market
Non-compliance: NSE Reports Cappa & D’Alberto to SEC
The Nigerian Stock Exchange (NSE) has reported Cappa & D’Alberto Plc, a company listed in the construction sector of the exchange, to the Securities and Exchange Commission (SEC) for failing in its financial obligations to shareholders and the exchange. In a notification to stockbrokers, the management of NSE said the […]
“Rogue trader” weeps as tells court he acted for good of UBS
Former UBS trader Kweku Adoboli wept on Friday as he told a jury that his “off-book” trading was done for the benefit of the bank that meant everything to him. Addressing the court for the first time in his long-running trial in London, Adoboli said he had no reason to […]
