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EFCC arrests Soludo over currency contract scam

A former Governor of Central Bank of Nigeria, Prof. Charles  Soludo, was on Thursday arrested by the Economic and Financial Crimes  Commission over his role in the Australian polymer banknotes bribery scam which occurred between 2006 and 2008 when he was in office. The PUNCH was informed by sources in […]

NSE’ll attract more foreign investments in 2013 –Analysts

Analysts have said that there is likely to be increased foreign investment in the Nigerian capital market in 2013. According to them, this will be driven by increased returns recorded in the equities market at the end of activities in 2012. They said with the inclusion of the FGN Bonds […]

Ex UBS boss blames “mercenaries” for Libor debacle

The former chief executive of UBS (UBSN.VX) blamed “mercenaries” for its role in the global interest-rate rigging scandal that has further undermined the Swiss bank’s once venerable reputation. UBS was fined a record $1.5 billion last month for manipulating Libor interest rates, the latest in a string of debacles – […]