April 13, 2016/Vanguard By Nkiru Nnorom The Chartered Institute of Stockbrokers (CIS) has announced the suspension of Barrister Alex Ogbebor from all stock market activities for a period of six months over fraudulent practices. Ogbebor, is the CEO, Foresight Securities and Investment Limited, and not “Forthright Securities and Investment” as […]
Tag: Chartered Institute of Stockbrokers
Stockbroker sentenced to 7 years imprisonment for unauthorized sale of shares
January 1, 2016/SEC The Securities and Exchange Commission (SEC) wishes to inform the investing public that Mr. Tajudeen Folaji, a former stockbroker with First Alstate Securities Limited, has been sentenced to seven years imprisonment by the Lagos State High Court presided over by Justice Kudirat Jose. The court found him […]
More listings needed for capital market growth –Stakeholders
As Nigeria marked its 53rd Independence anniversary on Tuesday, stakeholders in the country’s capital market said the Securities and Exchange Commission and Nigerian Stock Exchange needed to intensify efforts to increase the depth of the market. Market operators, shareholders and experts, who spoke to our correspondent, all said the focus […]
