Bottled-up cracks and infightings at the Securities and Exchange Commission (SEC) opened up on Wednesday at the investigation of the House of Representatives into the ruinous state of the capital market, as SEC executive commissioners disowned major decisions taken by the Director-General Arunma Oteh because they were not consulted before […]

The Central Bank of Nigeria (CBN) has said that it had deployed 60,003 Point of Sale (PoS) Terminals across the country as at April 29, 2012 as against 5,300,which was available as at June 2011. The apex bank said it was determined to drive electronic payment systems in the country […]

Executive Commissioners and Directors of the Securities and Exchange Commission confirmed on Wednesday that there was rot in the commission. They accused the Director-General, SEC, Ms Arunma Oteh, of taking unilateral decisions and said there was an almost total breakdown of communication among the members of staff. They appeared before […]