By Ayodele Aminu Any bank or discount house chief that deliberately misreports its financial statements will be removed from office by the Central Bank of Nigeria (CBN). Also to lose his or her job is the compliance officer of any institution, whose primary duty is to ensure that the financial […]

By IHEANYI NWACHUKWU …First Bank, Access, GTB, Intercontinental, Fidelity top list The Securities and Exchange Commission (SEC) has disclosed that at December 2010, the unclaimed dividend figure from quoted companies was N33.92 billion (N33, 929,435,751.27). SEC also says five companies – mainly banks – have the highest figures of unclaimed dividend. […]

By GODFREY OBIOMA The possibility of trading bonds on the floor of the Nigerian Stock Exchange formed the subject of discussion between the self -regulatory organization and the Financial Market Dealers Association. BusinessDay learnt that NSE claim that the fixed income securities can be traded on its platform called for facility […]