Microfinance banks in the country have called on the Central Bank of Nigeria to review some aspects of the regulatory guidelines and policies affecting the banks. A communiqué made available to our correspondent on Wednesday by participants at a just concluded microfinance certification programme of non-executive directors of microfinance banks […]
Tag: EFCC
Hembe, Azubogu lose bid to stop trial on N44m bribery scandal
An Abuja High Court, Wednesday, held that the erstwhile Chairman of the House of Representatives Committee on Capital Market and Other Institutions, Herman Hembe and his deputy, Chris Ifeanyi Azubogu, has a case to answer regarding their alleged complicity in a N44million bribery scandal. Trial Justice Abubakar Sadiq Umar okayed […]
Starcomms chairman not detained by EFCC
Lagos, Nigeria, 26 June, 2012: The management of Starcomms Plc has said the chairman of the company, Chief Maan Lababidi, was not detained by the Economic and Financial Crimes Commission (EFCC) in connection with its on-going investigation into the company’s N64 billion 2008 private placement. There had been reports on the […]
