By Stanley Oronsaye July 30, 2010 01:46AM  The Central Bank of Nigeria (CBN) has said it is working with the Securities and Exchange Commission (SEC) towards creating a single registrar for all securities in the capital market.Samuel Oni, CBN Director for Banking Supervision, who stated this at a […]
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SEC says Afribank, executives manipulated 2007 public offer
FRIDAY, 30 JULY 2010 01:19  The Securities and Exchange Commission (SEC) yesterday accused Afribank and its senior executives of manipulating the bank’s December 2007 public offer in an elaborate scheme that was deliberately designed to buy back its shares deceive the market.  In doing this, SEC said […]
CBN: 10 Banks Have N1.5tr Negative Capital
By Ayodele Aminu, Emele Onu in Lagos and James Emejo in Abuja, 07.30.2010  Ten banks that failed a joint examination conducted last year for 24 of them by the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) currently have a negative capital of N1.5 […]
