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Okafor: NSE Didn’t Sack Me

11.23.2010 THISDAY A former General Manager at the Nigerian Stock Exchange (NSE), Mr. Kene Okafor, has said he voluntarily resigned his appointment contrary to reports that he was affected by the downsizing exercise that affected 32.5 per cent of the exchange’s workforce last August.   Following the intervention of the […]

Auditors under fire over Exchange Accounts

By Stanley Oronsaye, November 24, 2010    In what amounts to a vote of no confidence, stockbrokers refused to authorize council members of the Nigerian Stock Exchange (NSE) to fix the remuneration of auditors, Akintola Willaims Deloitte.    At the 49th annual general meeting held in Lagos yesterday, member stockbrokers […]

Public Hearing Day1: SEC rejects bill but confirms reserves and savings

Here are the leading news reports from the Day 1 public Hearing on HB. 325 – An Act to amend the ISA 2007 to provide for greater transparency and accountability in the finances of SEC; and to ensure greater legislative oversight; and for other matters connected therewith.   The reports […]