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SEC Lifts Suspension on Ecobank

Press Release The Securities and Exchange Commission (SEC) has  lifted the suspension   on Ecobank Nigeria from  acting as  receiving bank or perform any  other activities  in the Nigerian capital market  for allegedly  conniving with  Arian Capital Management Limited,  to convert shares of its client, Avil Services Limited. SEC had last […]

IOSCO, CPSS monitor implementation of PFMIs

PRESS RELEASE Ref no: IOSCO/MR/14/2013   The Committee on Payment and Settlement Systems (CPSS) and the International Organization of Securities Commissions (IOSCO) have started the process of monitoring implementation of the Principles for financial market infrastructures (the PFMIs). The PFMIs are international standards for payment, clearing and settlement systems, including […]

Aig-Imoukhuede Seeks to Dump Laid Down Succession Plan

The impending retirement of Group Managing Director of Access bank, Mr. Aigboje Aig-Imoukhuede at the end of the year is generating intense lobbying in and out of the bank, Huhuonline.com can reveal. Last year, Aig-Imoukhuede announced his December 2013 retirement to shareholders, saying it was in consonance with Central Bank […]