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CBN deadline on bank accounts update ends today

Monday, 31 January 2011 By Enitar Ugwu   ‘Banks create ‘dummy accounts’ to conceal funds’ – Sanusi Lamido   With the expiration of the Central Bank of Nigeria (CBN) mandatory bank accounts update today (January 31st, 2011), it has ordered banks to flag any account that is not updated or […]

US SEC rules creates chance to Veto a CEO’s bonus

By Jason Zweig, WSJ   New rules will allow shareholders to cast advisory votes on executive compensation. But proxy statements are still written in gibberish, and CEOs still call the shots.   Investors are getting more “say on pay.” Before you start warming up your vocal cords, you should know […]

US SEC rules creates chance to Veto a CEO’s bonus

By Jason Zweig, WSJ   New rules will allow shareholders to cast advisory votes on executive compensation. But proxy statements are still written in gibberish, and CEOs still call the shots.   Investors are getting more “say on pay.” Before you start warming up your vocal cords, you should know […]